Challenger
Challenger Limited, commonly referred to as Challenger, is a prominent Australian investment management firm headquartered in Sydney, Australia. Founded in 1985, the company has established itself as a leader in the financial services industry, specialising in retirement income and investment solutions. With a strong presence across Australia and New Zealand, Challenger offers a range of unique products, including annuities and investment funds, designed to provide financial security for retirees. Over the years, Challenger has achieved significant milestones, including the introduction of innovative retirement income products that cater to the evolving needs of Australian consumers. The firm is recognised for its commitment to delivering sustainable investment returns and has garnered a reputation for excellence in the market. With a focus on risk management and customer-centric solutions, Challenger continues to play a vital role in shaping the future of retirement planning in the region.
DitchCarbon Score
How does Challenger'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.
Industry Average
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.
Industry Benchmark
Challenger's score of 32 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Challenger's reported carbon emissions
In 2023, Challenger reported total carbon emissions of approximately 4,997,900 kg CO2e, comprising 34,900 kg CO2e from Scope 1, 670,900 kg CO2e from Scope 2, and about 4,292,100 kg CO2e from Scope 3 emissions. This represents a slight increase from 2022, where total emissions were approximately 4,799,850 kg CO2e. Over the years, Challenger has shown a trend of fluctuating emissions, with a peak in 2019 at about 5,562,600 kg CO2e. Notably, Scope 1 emissions have decreased from 4,000 kg CO2e in 2019 to 2,900 kg CO2e in 2024, indicating a commitment to reducing direct emissions. However, there are no specified reduction targets or climate pledges documented, which suggests that while emissions data is tracked, formal commitments to reduction initiatives are not currently in place. Challenger's emissions intensity metrics, such as Scope 1 and 2 emissions intensity, are reported at 34,370 kg CO2e per m² for 2024, reflecting their operational efficiency in relation to emissions. The company continues to monitor its carbon footprint, particularly in Scope 3 emissions, which remain the largest contributor to their overall emissions profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,500 | 0,000 | 0,000 | 000 | 0,000 | 00,000 | 0,000 |
| Scope 2 | 838,100 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 4,576,100 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Challenger 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.
