Candriam

Candriam's reported carbon emissions

Candriam, an investment management firm headquartered in the US, is committed to achieving carbon neutrality by 2050. In 2023, Candriam reported Scope 1 emissions of approximately 3,316,240,000 kg CO2e and Scope 2 emissions of approximately 1,014,823,000 kg CO2e. Scope 3 emissions, specifically business travel, amounted to approximately 536,000 kg CO2e. The total combined emissions for 2023 were approximately 4,331,601,000 kg CO2e. For 2022, Candriam disclosed Scope 3 emissions for business travel of approximately 644,000 kg CO2e. Prior to 2022, Candriam reported Scope 3 business travel emissions ranging from approximately 108,000,000 kg CO2e in 2018 to approximately 1,178,000 kg CO2e in 2019. Candriam's reduction initiatives include a long-term goal to achieve carbon neutrality by 2050. While specific near-term absolute reduction targets for Candriam are not detailed in the provided data, related entities within the broader corporate structure have set ambitious goals. For instance, Mitsubishi Estate has a near-term target to reduce Scope 1 and 2 emissions by 70% or more by FY 2030 compared to a FY 2019 baseline. Deutsche Telekom has committed to reducing combined absolute Scope 1 and Scope 2 greenhouse gas emissions by 90% by 2030 from a 2017 base year. Candriam's reporting acknowledges missing data points for Scope 3 purchased goods and services across multiple reporting years. The provided data indicates that Candriam's emissions data is not cascaded from a parent organisation.