Deutsche Bank (XETR: DBK)
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Shifting to clean energy won't be cheap. The amount is astounding
A recent report from Deutsche Bank has shown the scale of investment required to transition the world to a clean-energy economy and end reliance on fossil fuels.15th Aug, 2022
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Police raid a fund manager for... greenwashing!?
Last week, a surprising police raid took place in Germany. 50 police officers raided DWS Group, a subsidiary of mega investment bank Deutsche Bank. What was the alleged crime? Greenwashing. If you haven't heard of Greenwashing before, it's a term used to describe when a company markets their product as ‘sustainable’ or ‘environmentally friendly’ when it really just isn’t. It's classic marketing spin. In the investing world, greenwashing has become more and more of an issue over the past few years as more and more money flows into investment funds that are advertised as ‘sustainable’ or ‘ESG-focused’.11 June