Carmignac

Carmignac, a French financial intermediation services company, reported total carbon emissions of approximately 6.83 billion kg CO2e in 2024. This figure includes Scope 1 emissions of about 552.1 million kg CO2e, Scope 2 emissions of around 110.2 million kg CO2e, and Scope 3 emissions of approximately 6.17 billion kg CO2e. In the previous year, 2023, Carmignac's total emissions were approximately 6.52 billion kg CO2e, comprising Scope 1 emissions of about 762.2 million kg CO2e, Scope 2 emissions of around 118.7 million kg CO2e, and Scope 3 emissions of approximately 5.64 billion kg CO2e.

Carmignac has set long-term climate commitments, aiming to reduce greenhouse gas emissions by 50% by 2030 and 70% by 2040, with a net-zero target by 2050. The baseline year for these portfolio climate objectives is 2018. Additionally, the company aims for its fund to achieve carbon emissions 30% lower than its reference indicator (Stoxx 600), as measured by carbon intensity (tCO2/mUSD revenue), for both Scope 1 and Scope 2 emissions between 2021 and 2025.