Allfunds, officially known as Allfunds Bank S.A., is a leading global fund distribution platform headquartered in Spain. Established in 2000, the company has rapidly expanded its operations across Europe, Latin America, and Asia, positioning itself as a key player in the financial services industry. Specialising in fund distribution, Allfunds offers a comprehensive range of services, including fund selection, data analytics, and regulatory support, which distinguish it from competitors. The firm’s innovative technology platform facilitates seamless access to a vast array of investment funds, catering to a diverse clientele of financial institutions and wealth managers. With a strong market presence and notable achievements, Allfunds has established itself as a trusted partner in the investment landscape, continually enhancing its offerings to meet the evolving needs of the industry.
How does Allfunds'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.
Allfunds's score of 40 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Allfunds reported carbon emissions of approximately 1,214,910 kg CO2e under Scope 3, primarily from business travel (about 1,101,310 kg CO2e) and purchased goods and services (approximately 227,200 kg CO2e). Additionally, Scope 2 emissions were recorded at about 33,000 kg CO2e globally and 112,000 kg CO2e in Spain. In 2022, the company disclosed a total of 1,277,460 kg CO2e in Scope 3 emissions, with significant contributions from business travel and purchased goods and services. Scope 1 emissions were approximately 2,490 kg CO2e, while Scope 2 emissions reached about 288,750 kg CO2e. Allfunds has not set specific reduction targets or initiatives as part of its climate commitments, indicating a need for further development in this area. The company continues to monitor its emissions and report on its carbon footprint, aligning with industry standards for transparency and accountability in climate action.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 7,310 | 0,000 | - |
Scope 2 | 30,390 | 000,000 | - |
Scope 3 | - | 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.
Allfunds 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.