Allen And Overy Sustainability Profile
Allen & Overy LLP, a leading international law firm, is headquartered in London, GB. Established in 1930, the firm has grown to become a prominent player in the legal industry, with a strong presence across Europe, Asia, and the Americas. Specialising in areas such as corporate law, banking, and finance, Allen & Overy is renowned for its innovative approach to complex legal challenges. The firm’s commitment to excellence is reflected in its core services, which include mergers and acquisitions, dispute resolution, and regulatory advice. With a reputation for delivering high-quality legal solutions, Allen & Overy has achieved numerous accolades, solidifying its position as a top-tier law firm globally. Its dedication to client service and industry expertise sets it apart in a competitive market.
DitchCarbon Score
How does Allen And Overy'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.
Industry Average
Mean score of companies in the Business Services 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.
Industry Benchmark
Allen And Overy's score of 45 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Allen And Overy's reported carbon emissions
In 2023, Allen & Overy LLP reported significant carbon emissions from its operations in Great Britain, totalling approximately 1,493,000 kg CO2e for Scope 1 emissions and about 149,000 kg CO2e for Scope 2 emissions (market-based). Additionally, the firm recorded around 6,000 kg CO2e from Scope 3 emissions related to business travel. This data reflects a commitment to transparency in their environmental impact. The firm has set ambitious targets to reduce its greenhouse gas emissions. Allen & Overy aims to achieve a 50% reduction in absolute Scope 1, 2, and 3 emissions by 2030, using 2019 as the baseline year. This target aligns with the Science Based Targets initiative (SBTi) and is consistent with the reductions necessary to limit global warming to 1.5°C. Notably, since 2015, Allen & Overy has successfully reduced its emissions per overnight stay from 15 kg CO2e to approximately 3.32 kg CO2e, achieving a remarkable reduction of about 77.87%. This achievement underscores the firm's commitment to sustainability and its proactive approach to mitigating climate change. Overall, Allen & Overy's climate commitments reflect a strategic focus on reducing carbon emissions across all scopes, demonstrating leadership in the professional services sector in the UK.
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| 2019 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 2,179,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,932,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 215,429,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Allen And Overy's Industry?
How Carbon Intensive is Allen And Overy's Location?
Allen And Overy's Scope 3 Categories Breakdown
Allen And Overy's Scope 3 emissions, which increased by 10% last year and decreased by approximately 9% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
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Allen And Overy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Allen And Overy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Allen And Overy's sustainability data and climate commitments