Deutsche Asset Management (Deutsche AM) celebrates the 20th anniversary of the launch of its first social impact strategy. Deutsche AM was the first major financial institution to offer sustainable investing in 1997 aimed at generating viable returns with real and measurable social and environmental outcomes from its investments.
Deutsche AM distributes loans to microfinance institutions and alternative financial services companies. The loans help entrepreneurs in more than 50 developing countries to improve their lives and communities while generating investor returns.
“Since the launch of our first strategy 20 years ago, Deutsche AM has continued advancing the responsible investing industry by working closely with governments, institutions and private investors to develop investments that help underserved communities globally while generating investor returns,” said Andrew Pidden, Global Head of Sustainable Investments. “Responsible investing is at the forefront of Deutsche AM’s commitment to enabling clients to contribute to a sustainable future. We are proud of our efforts over the past two decades.”
Deutsche Bank was also the first commercial bank globally to receive accreditation from the United Nations Green Climate Fund (GCF), acknowledging the Sustainable Investments platform’s capabilities in structuring innovative public-private climate finance solutions to achieve GCF objectives.
Deutsche AM’s global Sustainable Investments team develops initiatives and programs that cover energy, environmental, employment, education, housing, as well as financial inclusion. With a geographical footprint across the United States, Europe and Asia, the Sustainable Investments business encompasses Deutsche AM’s environmental and social impact investment expertise.