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 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.
Industry Benchmark
Challenger's score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Challenger's reported carbon emissions
In 2023, Challenger reported total carbon emissions of approximately 4,997,900 kg CO2e, with emissions distributed across various scopes: 34,870 kg CO2e from Scope 1 (stationary combustion), 670,910 kg CO2e from Scope 2 (purchased electricity), and a significant 4,292,120 kg CO2e from Scope 3 emissions, which include business travel (882,130 kg CO2e) and employee commuting (657,230 kg CO2e). The company has shown a commitment to transparency in its emissions reporting, disclosing data for all three scopes. However, there are currently no specific reduction targets or initiatives outlined in their sustainability strategy, as indicated by the absence of SBTi (Science Based Targets initiative) reduction targets or documented climate pledges. Challenger's emissions data reflects a consistent approach to monitoring and reporting, with total emissions slightly decreasing from 5,062,000 kg CO2e in 2020 to 4,997,900 kg CO2e in 2023. This trend suggests a potential focus on improving operational efficiency, although specific reduction initiatives have not been detailed. Overall, while Challenger has made strides in emissions reporting, the lack of defined reduction targets highlights an area for potential growth in their climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,500 | 0,000 | - | - | - | 00,000 |
| Scope 2 | 838,100 | 000,000 | - | - | - | 000,000 |
| Scope 3 | 4,576,100 | 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 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.
