ESG Can Mean Everything and It Can Absolutely Nothing

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Desera fixer says she found systemic issues with how d w s was reporting its e s g investments. Fixler: "This kind of green bubble needs to be popped, otherwise we're not going to be able to address our global challenges"

The head of EY’s US business quit the Big Four accounting firm after a power struggle with its global boss, and German police raided DWS and Deutsche Bank offices over allegations DWS misrepresented green investments. Plus, Hungary’s autocratic prime minister is trying to build a superbank to increase his financial control over the country.

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Mentioned in this podcast:

EY’s US boss quit after clashing with global chief of Big Four firm

German police raid DWS and Deutsche Bank over greenwashing allegations

The Bank of Viktor Orbán

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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