Allfunds Sustainability Profile
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 72 is higher than 84% 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 1,262,000 kg CO2e globally. This includes 8,700 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 8,700 kg CO2e from Scope 2 emissions, which are attributed to purchased electricity. Notably, the company has not disclosed any Scope 3 emissions for this year. For the previous year, 2023, Allfunds' total emissions were about 1,362,000 kg CO2e, with Scope 1 emissions at 11,300 kg CO2e and Scope 2 emissions at 147,000 kg CO2e. The Scope 3 emissions for 2023 were reported at approximately 1,214,900 kg CO2e, indicating significant contributions from business travel and employee commuting. Allfunds has set ambitious climate commitments, aiming for net-zero in absolute Scope 1 and 2 greenhouse gas emissions by 2028. This target reflects a proactive approach to reducing their carbon footprint and aligns with industry standards for climate action. The emissions data is not cascaded from any parent organization, and Allfunds operates independently in its sustainability initiatives. The company is committed to transparency and regularly publishes its emissions data and climate strategies in sustainability reports.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 0,000 | 000,000 | 00,000 | 0,000 |
| Scope 2 | 91,690 | 00,000 | 00,000,000 | 000,000 | 0,000 |
| Scope 3 | - | - | 0,000.00 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Allfunds's Industry?
How Carbon Intensive is Allfunds's Location?
Allfunds's Scope 3 Categories Breakdown
Allfunds's Scope 3 emissions, which increased by 2% last year and increased significantly since 2022, 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 "Employee Commuting" being the largest emissions source at 54% of Scope 3 emissions.
Top Scope 3 Categories
Allfunds'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.
Allfunds has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
