DWS ESG Assessment methodology / exclusion criteria | Assessment[1] or revenue threshold[2] |
|
DWS Group policies | DWS Coal Policy (coal mining and power generation from coal ≥ 25% revenue; coal expansion plans)[3] |
Non-compliant |
DWS Controversial Weapons Policy (cluster munition, anti-personnel mines, biological and chemical weapons)[4] |
Non-compliant |
|
Controversial sectors (excl. climate) | Other controversial weapons (depleted uranium weapons, nuclear weapons, incendiary bombs containing white phosphorus)[4] |
No 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% |
|
Manufacturing of tobacco products |
≥ 5% |
|
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 | Coal mining[3] | ≥ 1% |
Power generation from coal[3] | ≥ 10% | |
Extraction of crude oil | ≥ 10% | |
Unconventional extraction of crude oil and/or natural gas (including oil sand, oil shale/shale gas, Arctic drilling) | > 0% | |
Mining and exploration of and services in connection with oil sand and oil shale | ≥ 10% | |
Coal mining and oil extraction | ≥ 10% | |
Power generation from and other use of fossil fuels (excluding natural gas) | ≥ 10% | |
DWS Climate and Transition Risk Assessment (corporates & sovereigns) | No F | |
General ESG assessments | DWS ESG Quality Assessment (corporates & sovereigns) |
No F |
Freedom House Status (sovereigns) |
No "Not free" |
|
UN Global Compact Assessment (corporates) |
No "Fail" |
|
Regulatory metrics | Good Governance Assessment measured by DWS Norm Assessment (corporates) |
No F / M |
Principal adverse impact indicators (PAII)[5] |
PAII #1 / #2 / #3 / #4 / #10 / #14 / #16[6] |
|
Share of sustainable investments (SFDR)[7] |
Individual per fund |
|
Share of sustainable investments (EU Taxonomy)[8] |
0% |