| DWS ESG Assessment methodology / exclusion criteria | DWS Assessment scheme or revenue threshold | |
| DWS Group policies | DWS Coal Policy (coal mining and power generation from coal ≥ 25% revenue; coal expansion plans) | Non-compliant |
| DWS Controversial Weapons Statement (cluster munition, anti-personnel mines, biological and chemical weapons) | Non-compliant | |
| Controversial sectors (excl. climate) | Other controversial weapons (depleted uranium weapons, incendiary bombs containing white phosphorus, non-detectable fragmentation ammunition, blinding laser device) | Involvement |
| Manufacturing or selling of nuclear weapons or key components of nuclear weapons | Involvement | |
| Manufacturing of products and/or provision of services in the defence industry | ≥ 5% | |
| Manufacturing and/or distribution of civil handguns or ammunition | ≥ 5% | |
| Manufacturing of palm oil | ≥ 5% | |
| Cultivation and production of tobacco | ≥ 0% | |
| Manufacturing of adult entertainment | ≥ 5% | |
| Manufacturing of products in and/or provision of services for the gambling industry | ≥ 5% | |
| Nuclear power generation and/or uranium mining and/or uranium enrichment | ≥ 5% | |
| Climate-related assessments | Unconventional extraction of crude oil and/or natural gas (including oil sand, oil shale/shale gas, Arctic drilling) | ≥ 0% |
| Exploration, mining, extraction, distribution or refining of hard coal and lignite | ≥ 1% | |
| Exploration, extraction, distribution or refining of oil fuels | ≥ 10% | |
| Exploration, extraction, distribution or refining of gaseous fuels | ≥ 50% | |
| Electricity generation with a GHG intensity of more than 100 g CO2 e/kWh | ≥ 50% | |
| General ESG assessments | DWS ESG Quality Assessment (corporates & sovereigns) | F |
| Freedom House Status (sovereigns) | "Not free" | |
| MSCI OECD Alignment (corporates) | "Fail" | |
| Good Governance is measured with Norm Controversy Assessment (corporates) | F / M |
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Important security note: Warning of attempted fraud in the name of DWS
We have detected that fraudulent individuals are misusing the "DWS" trademark and the names of DWS employees on the internet and social media. These fraudsters are operating fake websites, Facebook pages, WhatsApp groups and Mobile Apps. Please be aware that DWS does not have any Facebook Ambassador profiles or WhatsApp chats. If you receive any unexpected calls, messages, or emails claiming to be from DWS, exercise caution and do not make any payments or disclose personal information. We encourage you to report any suspicious activity to info@dws.com, including any relevant documents and the original fraudulent email. Additionally, if you believe you have been a victim of fraud, please notify your local authorities and take steps to protect yourself.
ESG criteria can complement the investment objectives of return, risk and liquidity, with environmental, social and governance-related aspects. The three ESG criteria provide orientation. They can be understood as a guidance to sustainable investing.
* The below is merely an example and not an exhaustive list.
The DWS ESG Engine
How we create robust ESG assessments
* ESG facets refer to a component or a specific aspect of environmental, social or governance criteria that serve as standards for assessing an issuer. For illustrative purposes only.
