Azalea, officially known as Azalea Asset Management, is a prominent player in the investment management industry, headquartered in Singapore (SG). Founded in 2018, the company has quickly established itself as a leader in managing private equity and real estate investments across the Asia-Pacific region. With a focus on delivering innovative investment solutions, Azalea offers a range of services including fund management and advisory, catering to institutional and accredited investors. Their unique approach combines deep market insights with a commitment to sustainable investing, setting them apart in a competitive landscape. Recognised for their strategic partnerships and robust performance, Azalea continues to strengthen its market position, contributing significantly to the growth of the investment sector in Singapore and beyond.
How does Azalea'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 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.
Azalea's score of 24 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Azalea reported total carbon emissions of approximately 1,303,000 kg CO2e, with no emissions from Scope 1. Scope 2 emissions accounted for about 125,000 kg CO2e, primarily from purchased electricity. The majority of their emissions, approximately 1,178,000 kg CO2e, fell under Scope 3, which includes significant contributions from purchased goods and services (about 683,000 kg CO2e) and business travel (approximately 439,000 kg CO2e). In 2022, Azalea's total emissions were about 382,000 kg CO2e, with Scope 2 emissions at 12,000 kg CO2e and Scope 3 emissions at 370,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023, particularly in Scope 3 categories. Currently, Azalea has not disclosed any specific reduction targets or climate pledges, which places them in a context where many companies are actively pursuing science-based targets to mitigate their carbon footprint. As they continue to assess their emissions, it will be crucial for Azalea to establish clear commitments to reduce their environmental impact in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 12,000 | 000,000 |
Scope 3 | 382,000 | 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.
Azalea 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.