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.
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.
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.
Challenger's score of 39 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Challenger reported total carbon emissions of approximately 5,027,900 kg CO2e. This figure includes 2,900 kg CO2e from Scope 1 emissions, 624,900 kg CO2e from Scope 2 emissions, and a significant 4,559,000 kg CO2e from Scope 3 emissions. Comparatively, in 2023, Challenger's total emissions were also about 5,027,900 kg CO2e, with Scope 1 emissions at 34,900 kg CO2e, Scope 2 at 670,900 kg CO2e, and Scope 3 remaining the same at 4,559,000 kg CO2e. Over the years, Challenger has shown a commitment to monitoring and reporting its carbon footprint, although no specific reduction targets or initiatives have been disclosed. The company has consistently reported emissions across all three scopes, indicating a comprehensive approach to understanding its environmental impact. Challenger's emissions intensity for Scope 1 and 2 combined is approximately 34,370 kg CO2e per square metre, reflecting its operational scale and efficiency. The company continues to engage in sustainability practices, although further details on specific climate commitments or reduction initiatives are not available.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 3,500 | 0,000 | - | - | - | 00,000 | 0,000 |
Scope 2 | 838,100 | 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 |
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.