Abrdn, formerly known as Standard Life Aberdeen, is a prominent investment company headquartered in Great Britain. Founded in 1825, Abrdn has evolved into a leading player in the global asset management industry, with significant operations across Europe, North America, and Asia. The firm focuses on a diverse range of business areas, including investment management, financial advice, and retirement solutions. Abrdn is renowned for its innovative approach to investment, offering a suite of core products and services that cater to both institutional and retail clients. Its commitment to sustainable investing and technology-driven solutions sets it apart in a competitive market. With a strong market position, Abrdn has achieved notable milestones, including substantial growth in assets under management and a reputation for delivering long-term value to its clients.
How does Abrdn'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 Services Auxiliary to 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.
Abrdn's score of 45 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Abrdn reported total carbon emissions of approximately 9,000,000 kg CO2e, comprising 739,000 kg CO2e from Scope 1, 1,821,000 kg CO2e from Scope 2, and about 7,359,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their carbon footprint across all scopes of emissions. In 2022, the company recorded total emissions of about 14,246,000 kg CO2e, with Scope 1 emissions at 776,000 kg CO2e, Scope 2 at 1,305,000 kg CO2e, and Scope 3 at 11,398,000 kg CO2e. This indicates a significant reduction in total emissions from the previous year. Abrdn has not publicly disclosed 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, demonstrating a commitment to addressing climate change and improving sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 2,667,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 4,376,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 22,482,000 | 00,000,000 | 00,000,000 | 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.
Abrdn 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.