Greenpeace protest at Deutsche Bank subsidiary
Activists of the environmental protection organization Greenpeace have at the Deutsche Bank fund subsidiary DWS in Frankfurt protested. “DWS finances the climate crash!” said the banners they held up at the entrance to the building this morning. The environmentalists are calling on DWS to withdraw from all investments that undermine the Paris climate goal. This also applies to expanding oil and gas companies, it said.
The Paris climate agreement of 2015 stipulates the goal of stopping global warming at 1.5 degrees if possible and thus preventing the worst consequences of climate change. Since the beginning of this year, the Frankfurt public prosecutor’s office has been investigating employees and managers at DWS on suspicion of capital investment fraud. At the end of May, investigators searched the building against allegations of “greenwashing”. According to this, DWS is said to have overestimated the information on sustainability criteria and is in fact not as advanced as stated on issues such as environmental and climate protection. Incidentally, the investigation was initiated by the former sustainability officer at DWS, Desiree Fixler.
