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 37 is higher than 85% 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 13,940,000 kg CO2e globally. This figure includes 587,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 807,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 12,509,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain. In the UK, Abrdn's total emissions for 2022 were approximately 14,246,000 kg CO2e, with Scope 1 emissions at 776,000 kg CO2e and Scope 2 emissions at 1,305,000 kg CO2e. Scope 3 emissions in the UK accounted for about 11,398,000 kg CO2e. Despite these figures, Abrdn has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions across all scopes, aligning with industry standards for transparency in climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2018 | 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 | 22,107,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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 committed to any reduction initiatives 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.