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 56 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Allfunds's reported carbon emissions
In 2024, Allfunds reported total carbon emissions of approximately 1,261,760 kg CO2e globally, comprising 11,280 kg CO2e from Scope 1, 8,660 kg CO2e from Scope 2, and a significant 1,241,760 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions were primarily driven by business travel (about 1,189,060 kg CO2e) and employee commuting (approximately 667,910 kg CO2e). For the previous year, 2023, Allfunds' emissions were approximately 1,240,910 kg CO2e globally, with no Scope 1 emissions reported, 146,960 kg CO2e from Scope 2, and 1,214,910 kg CO2e from Scope 3. The company has set ambitious climate commitments, aiming for net-zero in absolute Scope 1 and 2 greenhouse gas emissions by 2028. This commitment reflects a long-term strategy to significantly reduce their carbon footprint and align with global sustainability goals. In Spain, for 2023, Allfunds reported Scope 2 emissions of about 112,000 kg CO2e, while in Italy, Scope 2 emissions were approximately 32,660 kg CO2e. The company is actively working towards its reduction targets, demonstrating a commitment to environmental responsibility and sustainability in its operations.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 7,310 | 0,000 | - | 00,000 |
| Scope 2 | 30,390 | 000,000 | 000,000 | 0,000 |
| Scope 3 | - | 0,000,000 | 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 participating in any of the initiatives that 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.
