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

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.

The DWS ESG Engine is the EUR 700 billion manager’s name for its ESG (Environmental, Social and Governance) screening software which takes in listed and non-listed assets data from seven vendors: Ethix, MSCI, Oekom, REPRISK, SigWatch, Sustainalytics and Trucost.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch