Info

Posts tagged esg

Choose another tag?

via


Deutsche Bank is major player on Wall Street. In 2021, DWS, a subsidiary of the investment bank, was publicly accused by a former executive. This is the story of the likely largest greenwashing scandal in the global financial industry.

ESG investing was until recently one of the hottest buzzwords in global finance. The party was in full swing, the marketing material was everywhere and the money was rolling in. But asset managers have become quieter about their environmental, social and governance credentials after poor performance, greenwashing scandals and a political backlash in the US. So who killed the ESG party?