EUR 700 billion asset manager adds UN goals to ESG screening

Asset manager DWS has started taking the UN’s Sustainable Development Goals (SDGs) into account as part of its ESG screening. It now includes companies' revenue streams from products and services that help to achieve the goals in its ESG Engine software. But a firm’s contribution to the goals can’t stand alone when making an investment decision, DWS’ CIO tells AMWatch.

Petra Pflaum, Chief Investment Officer for Responsible Investments at DWS. | Photo: PR: DWS

by SØREN RATHLOU TOP

Apart from gasoline, any engine needs regular mechanical tweaks — and the same goes for the ESG Engine developed last year by the German-based asset manager DWS.

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