Deutsche Bank-owned asset manager DWS fined $27 million for greenwashing h3>
German prosecutors have fined asset manager DWS, 25 million euros ($27 million) for greenwashing, or making misleading statements about its environmental and social investing credentials. The form was found guilty after a lengthy probe.
Frontier, Hafslund Celsio Launch Europe’s First Carbon-Removing Waste-to-Energy Plant h3>
As per ESG News, Hafslund Celsio is pioneering the first-ever carbon capture retrofit at its waste-to-energy facility in Oslo, potentially revolutionizing carbon removal practices across Europe. Retrofitting existing infrastructure could remove 400 million tons of CO₂ annually by 2050. Frontier buyers committed $31.6 million to remove 100,000 tons of CO₂ by 2030.