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 Services Auxiliary to 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.
Azalea's score of 27 is lower than 56% 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 in Singapore. This figure includes 15,000 kg CO2e from Scope 2 emissions, specifically from purchased electricity. The majority of their emissions stem from Scope 3 categories, with significant contributions from purchased goods and services (683,000 kg CO2e), business travel (439,000 kg CO2e), and capital goods (100,000 kg CO2e). Comparatively, in 2022, Azalea's total emissions were about 382,000 kg CO2e, with Scope 2 emissions from purchased electricity at 12,000 kg CO2e and Scope 3 emissions primarily from business travel (363,000 kg CO2e). This indicates a substantial increase in emissions from 2022 to 2023. Azalea does not currently have specific reduction targets or commitments disclosed, nor are there any climate pledges noted. The emissions data is cascaded from their parent company, Astrea 7 Pte. Ltd., reflecting their current subsidiary relationship. Overall, while Azalea has made strides in reporting their emissions, further commitments and reduction initiatives would be beneficial for enhancing their sustainability profile.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | - |
Scope 2 | 12,000 |
Scope 3 | 370,000 |
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 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.