Public Profile

abrdn Equity Inc Trust

abrdn Equity Income Trust, a prominent investment trust based in Great Britain, has been a key player in the financial services industry since its inception in 2005. With a focus on delivering sustainable income and capital growth, the trust primarily invests in UK equities, leveraging its extensive market expertise to identify high-quality companies with strong dividend potential. Headquartered in Edinburgh, abrdn Equity Income Trust operates across major regions in the UK, catering to a diverse range of investors. The trust is renowned for its disciplined investment approach and commitment to responsible investing, setting it apart in a competitive market. Notable achievements include a consistent track record of dividend payments, reflecting its robust financial management and strategic asset allocation. As a trusted name in equity income investment, abrdn Equity Income Trust continues to uphold its reputation for excellence and reliability in the investment landscape.

DitchCarbon Score

How does abrdn Equity Inc Trust'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.

19

Industry Average

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.

13

Industry Benchmark

abrdn Equity Inc Trust's score of 19 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

abrdn Equity Inc Trust's reported carbon emissions

In 2023, abrdn Equity Inc Trust reported total carbon emissions of approximately 7,359,000 kg CO2e across all scopes. This includes 739,000 kg CO2e from Scope 1 emissions, 5,588,000 kg CO2e from Scope 2 emissions (with a market-based total of 558,000 kg CO2e), and 6,352,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions were significantly driven by business travel, accounting for about 6,012,000 kg CO2e. In 2022, the Trust's emissions were slightly lower, totalling around 6,702,000 kg CO2e, with Scope 1 emissions at 817,000 kg CO2e and Scope 2 emissions at 687,000 kg CO2e (market-based). The Scope 3 emissions for that year were approximately 6,702,000 kg CO2e, again largely influenced by business travel. Despite these figures, abrdn Equity Inc Trust has not publicly disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for further commitment to climate action within the organisation. The Trust's emissions intensity per full-time employee equivalent (FTE) for Scope 1 and 2 was reported at 540 kg CO2e in 2023, indicating a focus on improving operational efficiency. Overall, while abrdn Equity Inc Trust has made strides in tracking emissions, the lack of defined reduction targets highlights an opportunity for enhanced climate commitments moving forward.

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Add to project
20222023
Scope 1
817,000
000,000
Scope 2
687,000
000,000
Scope 3
6,702,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. abrdn Equity Inc Trust's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. abrdn Equity Inc Trust is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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 Equity Inc Trust 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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