Deutsche Bank Fund Unit Criticized for Fossil Finance in New Study – Bloomberg

Bloomberg Markets European Open kick starts the trading day, breaking down what’s moving markets and why. Francine Lacqua and Tom Mackenzie live from London bring you an action-packed hour of news no investor in Europe can afford to miss.
Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe.
I Love Wine transports you to the best winemaking regions of the world
European Stocks Are Steady With Earnings, Central Banks in Focus
Gaw Nears Deal for Blackstone’s $540 Million Tokyo Assets
UK Government Energy Subsidies to Reduce Inflation, ONS Says
SNB’s $143 Billion 9-Month Loss Casts Doubt on Government Payout
Saudi Arabia’s Economy Grew Estimated 8.6% in Third Quarter
Cathay Pacific to Restore Some Flights Using Russian Airspace
Brad Pitt’s Plan B Is Said in Deal Talks With France’s Mediawan
Klobuchar Says Tech Firms Should Be Liable for ‘Amplifying’ Hate
Global Chip Sales Record First Fall Since 2020 in Blow to Korea
China’s IPhone Sales Drop May Mean Bigger Problems for Apple
Imran Khan Marches For Early Pakistan Polls as Legal Woes Mount
Xi Jinping to Attend APEC Summit, Thai Foreign Minister Says
As Singapore Rents Soar, Expats in Hong Kong Bag Bargains
Musk’s Role as ‘Chief Twit’ Knocks $10 Billion From Fortune
James, Davis Help Lakers Win for First Time This Season
Diggs, Bills Hand Rodgers, Packers 4th Straight Loss, 27-17
Is the US-Saudi Rift Permanent? These 3 Events Will Tell Us
As Israel Votes, Its Arab Citizens Hold the Key
Can You Protect Your Pension From the Cost-of-Living Crisis?
One Way to Boost Profits and Reduce Inequality? Turn Workers Into Owners
When Netflix and HBO Turned on Each Other, They Forged a New Era of Television
Flights to Asia Are Finally Back, But Russia Airspace Bans Cause Onerous Detours
Affirmative Action’s End Will Crush the Diversity Talent Pipeline
Women Lost Ground on S&P 500 Bank Boards as Men Gain Seats
The Front Trunk Is Electric Cars’ Most Divisive Feature
Egypt Get $2 Billion IFAD Climate Funds to Boost Food Security
Li Ka-shing’s Skyscraper Is 21% Empty as HK Vacancies Hit Record
Want to Build Affordable Housing in the Heart of Paris? Make It Chic.
Taiwan Celebrates Region’s Biggest Pride March as Border Reopens
How Elon Musk Could Put More Crypto Into Twitter
This Week in Crypto: One Story to Rule Them All; ‘Wen Uptober?’
How Are Venture Capitalists Feeling About Crypto Lately?
Deutsche Bank AG’s fund unit DWS has been singled out in a Greenpeace-commissioned study for its support of fossil fuels, with its portfolio estimated to align with temperature rises well above the critical threshold of 1.5C.
DWS’s investments in new fossil-fuel projects correspond to warming of 2.6C by 2050, according to estimates compiled for Greenpeace by climate researcher Right Based on Science. The study follows an analysis published by Greenpeace last week, showing that DWS has invested €7.8 billion ($7.7 billion) in companies that plan to increase extraction of coal, gas and oil. That’s more than three times as much as any of its domestic competitors, Greenpeace said on Tuesday.

source


0Shares

Add a Comment

Your email address will not be published.