Avantax, Inc., a prominent player in the financial services industry, is headquartered in the United States. Founded in 1983, the company has established itself as a leader in tax-focused wealth management, catering to a diverse clientele across major operational regions in the US. Avantax offers a unique blend of financial planning, investment management, and tax strategies, setting itself apart with its commitment to integrating tax efficiency into wealth management. The firm’s innovative approach has garnered recognition, positioning it as a trusted partner for financial professionals and their clients. With a strong emphasis on education and technology, Avantax continues to achieve notable milestones, reinforcing its market position as a go-to resource for comprehensive financial solutions.
How does Avantax, Inc.'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.
Avantax, Inc.'s score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Avantax, Inc., headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives. The company is a current subsidiary of Aretec Group, Inc., which may influence its climate commitments and reporting practices. As a part of its corporate family, Avantax's climate strategy may be informed by the broader initiatives of Aretec Group, Inc., particularly in relation to emissions reporting through the CDP framework. However, specific emissions figures or reduction targets have not been disclosed, indicating a potential area for improvement in transparency and accountability regarding climate commitments. While Avantax has not set specific Science-Based Targets (SBTi) or documented reduction initiatives, the absence of emissions data suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As the industry increasingly prioritises sustainability, it will be essential for Avantax to establish clear emissions reduction goals and report on its progress to align with best practices in corporate climate responsibility.
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.
Avantax, Inc. 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.