M&G plc, commonly referred to as M&G, is a prominent investment management firm headquartered in Great Britain. Established in 1931, M&G has evolved into a key player in the financial services industry, with a strong presence across Europe and Asia. The company offers a diverse range of investment solutions, including asset management, savings, and retirement products, distinguished by their commitment to responsible investing and sustainable practices. With a rich history marked by significant milestones, M&G has consistently positioned itself as a leader in the market, managing billions in assets for both institutional and retail clients. Its innovative approach to investment strategies and focus on long-term value creation have earned M&G a reputation for excellence in the competitive landscape of asset management.
How does Mandg's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Mandg's score of 52 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, M&G reported carbon emissions of approximately 307,000 kg CO2e for Scope 1 and about 1,407,000 kg CO2e for Scope 2 (location-based). The total emissions for Scope 1 and 2 combined were around 322,000 kg CO2e (market-based). This reflects a significant reduction from 2023, where Scope 1 emissions were about 446,000 kg CO2e and Scope 2 emissions were approximately 1,592,000 kg CO2e (location-based), resulting in a total of about 471,000 kg CO2e (market-based). M&G has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions, indicating a commitment to transparency in its climate impact. The absence of Scope 3 emissions data suggests a potential area for future focus, as Scope 3 often represents a significant portion of total emissions in many organisations. Overall, M&G's emissions data highlights a proactive approach to managing its carbon footprint, particularly in Scope 1 and 2 emissions, while also signalling the need for further commitments in broader emissions categories.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 2,187,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 5,948,000 | 0,000,000 | 000,000 | 00,000 | 0,000,000 | 0,000,000 |
Scope 3 | 9,922,000 | - | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mandg is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.