German Asset Manager and Fossil Fuel Expansion (Greenpeace)

The report finds that four major German asset managers, managing over €2.3 trillion, continue to invest in companies with significant fossil fuel expansion plans, holding nearly US$ 13 billion in the world's worst polluters as of September 2022 without adequate policies to limit this support.

• Four major German asset managers—Allianz GI, Union Investment, Deka Investments, and DWS—collectively manage more than €2.3 trillion of assets and are investing without restriction in companies that have the largest expansion plans for coal, oil, and gas.
• As of September 2022, these four asset managers held nearly US$ 13 billion in the world's worst polluters and lack the necessary policies to stop or limit this financial support.

APA

Martin, L. (2022). German Asset Manager and Fossil Fuel Expansion (Greenpeace). Reclaim Finance. https://reclaimfinance.org/site/en/2022/10/18/report-german-asset-manager-and-fossil-fuel-expansion-greenpeace/

Chicago

Martin, Léo. German Asset Manager and Fossil Fuel Expansion (Greenpeace). Reclaim Finance, 2022. https://reclaimfinance.org/site/en/2022/10/18/report-german-asset-manager-and-fossil-fuel-expansion-greenpeace/.

Wikipedia

{{cite report |last1=Martin |first1=Léo |title=German Asset Manager and Fossil Fuel Expansion (Greenpeace) |publisher=Reclaim Finance |date=18 October 2022 |url=https://reclaimfinance.org/site/en/2022/10/18/report-german-asset-manager-and-fossil-fuel-expansion-greenpeace/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{martin2022german, author = {Martin, Léo}, title = {{German Asset Manager and Fossil Fuel Expansion (Greenpeace)}}, institution = {Reclaim Finance}, year = {2022}, month = oct, url = {https://reclaimfinance.org/site/en/2022/10/18/report-german-asset-manager-and-fossil-fuel-expansion-greenpeace/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }