PwC advised DWS on sustainability while investigating greenwashing claims

(Financial Times) PwC was advising DWS on sustainability at the same time as the accounting firm was investigating and dismissing whistleblower allegations of large-scale greenwashing at the asset manager, raising questions over the independence of the probe. The allegations were made in mid-March by DWS’ former head of sustainability Desiree Fixler. Shortly after being sacked, she accused DWS of misrepresenting how it used environmental, social and governance metrics to analyse companies across its investment platform.

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