Addenda Capital, a prominent investment management firm headquartered in Canada, has been a key player in the financial services industry since its inception in 1996. With a strong focus on responsible investing, the firm operates primarily in the Canadian and international markets, offering a diverse range of investment solutions tailored to institutional clients. Specialising in fixed income, private equity, and real estate, Addenda Capital distinguishes itself through its commitment to sustainability and innovative investment strategies. The firm has achieved notable milestones, including recognition for its robust performance and dedication to environmental, social, and governance (ESG) principles. As a trusted partner in the investment landscape, Addenda Capital continues to solidify its market position by delivering exceptional value and fostering long-term relationships with its clients.
How does Addenda Capital'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.
Addenda Capital's score of 6 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Addenda Capital reported total carbon emissions of approximately 19,900 kg CO2e for Scope 1 and 59,400 kg CO2e for Scope 2. The company also disclosed significant Scope 3 emissions, including 1,971,000 kg CO2e from capital goods, 8,075,000 kg CO2e from business travel, and 3,938,000 kg CO2e from waste generated in operations, among others. Over the years, Addenda has demonstrated a commitment to reducing its carbon footprint, with a notable decrease in the Weighted Average Carbon Intensity (WACI) from 0.2 tCO2e/US $M revenues in 2020 to 0.06 tCO2e/US $M revenues in 2022. However, there are currently no specific reduction targets or climate pledges outlined in their initiatives. Addenda Capital's emissions data reflects a comprehensive approach to understanding and managing their climate impact, aligning with industry standards for transparency and accountability in carbon emissions reporting.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | |
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Scope 1 | 17,900 |
Scope 2 | 59,400 |
Scope 3 | 26,232,000 |
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.
Addenda Capital 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.