Potential offtaker

DWS Group GmbH & Co. KGaA

www.dws.com

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DWS Group GmbH & Co. KGaA is a leading global investment management firm that is headquartered in Frankfurt, Germany. The company was founded in 1956 and has since grown to become one of the largest asset managers in Europe, with assets under management (AUM) of over €820 billion as of December 2020.

DWS operates in the investment management sector and provides a wide range of investment solutions to institutional and retail clients across the world. The company's investment strategies cover a broad range of asset classes, including equities, fixed income, real estate, and alternative investments.

One of the key areas of focus for DWS is decarbonisation. The company recognises the urgent need to reduce greenhouse gas emissions and transition to a low-carbon economy to address the climate crisis. DWS has therefore made a commitment to integrate environmental, social, and governance (ESG) factors into its investment processes and actively engage with companies to encourage them to adopt sustainable practices.

DWS has also taken steps to reduce its own carbon footprint and promote corporate energy efficiency. In 2019, the company signed a corporate power purchase agreement (PPA) with a wind farm in Norway, which will provide renewable energy to DWS's operations in Europe. The PPA will help DWS to reduce its greenhouse gas emissions by around 60% and support the development of renewable energy infrastructure.

In addition to its corporate PPA, DWS has also invested in renewable energy projects around the world. The company's infrastructure team has invested in wind and solar projects in Europe, North America, and Asia, with a focus on generating stable, long-term returns for investors while contributing to the transition to a low-carbon economy.

DWS has also been active in promoting sustainable investment practices in the wider industry. The company is a founding member of the Net Zero Asset Managers initiative, which brings together asset managers committed to achieving net-zero greenhouse gas emissions by 2050 or sooner. DWS has also signed up to the Task Force on Climate-related Financial Disclosures (TCFD), which aims to improve the transparency and consistency of climate-related financial reporting.

In addition to its focus on sustainability, DWS is also committed to delivering value to its clients through innovative investment solutions. The company has a strong track record of developing new investment strategies that meet the evolving needs of its clients.

For example, DWS has been a pioneer in the development of factor investing, which involves targeting specific risk factors that drive returns in the market. The company's quantitative investment team has developed a range of factor-based strategies that aim to deliver consistent, long-term returns to investors.

DWS has also been active in the development of alternative investment strategies, such as private equity and real assets. The company's private equity team has a strong track record of investing in mid-market companies across Europe, while its real assets team has invested in a range of infrastructure assets, including airports, toll roads, and renewable energy projects.

Overall, DWS Group GmbH & Co. KGaA is a leading global investment management firm that is committed to delivering sustainable, long-term returns to its clients. The company's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy reflects its commitment to addressing the urgent challenges of climate change and promoting sustainable investment practices. With a strong track record of innovation and a commitment to delivering value to its clients, DWS is well positioned to continue to grow and succeed in the years ahead.

✓ Science Based Targets member
✓ Declared Net Zero commitment