Allfunds
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Allfunds's score of 45 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Allfunds's reported carbon emissions
In 2023, Allfunds reported total carbon emissions of approximately 1,364,900 kg CO2e, comprising 0 kg CO2e from Scope 1, 147,000 kg CO2e from Scope 2, and 1,214,900 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from business travel (about 1,101,310 kg CO2e) and purchased goods and services (approximately 227,200 kg CO2e). In previous years, Allfunds demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported total emissions of about 1,290,000 kg CO2e, with Scope 1 emissions at 2,490 kg CO2e, Scope 2 at 288,750 kg CO2e, and Scope 3 at 1,277,460 kg CO2e. This indicates a focus on managing emissions across all scopes, particularly in Scope 3, which often represents the largest share of a company's carbon footprint. Despite these figures, Allfunds has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may still be in the process of developing a comprehensive strategy to address its climate impact.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,310 | 0,000 | - |
| Scope 2 | 30,390 | 000,000 | 000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions 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.
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.
