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 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 4,292,100 kg CO2e from Scope 3 emissions. This marked a slight increase from the previous year, where total emissions were about 4,799,850 kg CO2e. Over the years, Challenger has demonstrated a commitment to reducing its carbon footprint. In 2021, the company achieved a significant reduction in total emissions, down to approximately 4,129,000 kg CO2e from 5,562,600 kg CO2e in 2019. However, there are currently no specific reduction targets or initiatives disclosed in their climate commitments. Challenger's emissions data reflects a comprehensive approach to tracking and managing carbon emissions across all scopes, indicating a commitment to transparency and accountability in their environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
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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 |
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.