"Deutsche Bank Subsidiary CEO Resigns After Greenwashing Raid"

"DWS, a subsidiary of Deutsche Bank, said its chief executive is resigning on Wednesday, following a raid at its offices by the authorities into alleged greenwashing.

CEO Asoka Woehrmann is set to step down over claims that the company, one of the world's leading asset managers, exaggerated the sustainability credentials of some of its financial products.

DWS has denied any wrongdoing."

Joshua Askew reports for Euronews  with AP June 1, 2022.

SEE ALSO:

"Factbox: Regulators Start To Crack Down On Greenwashing" (Reuters)

"The Great Greenwashing Scam: PR Firms Face Reckoning After Spinning For Big Oil" (Guardian)

"PR Industry Group Appoints Leadership For New Unit To Tackle Greenwashing" (Eco-Business)

Source: Euronews, 06/02/2022