CIMB-Principal Asset Management Company Limited, a prominent player in the asset management industry, is headquartered in Thailand. Established in 2006, the company has rapidly evolved, focusing on delivering innovative investment solutions across the region. With a strong presence in Southeast Asia, CIMB-Principal offers a diverse range of products, including mutual funds, private equity, and retirement solutions, tailored to meet the needs of both individual and institutional investors. Renowned for its commitment to excellence, CIMB-Principal has achieved significant milestones, including numerous awards for its fund performance and customer service. The company’s unique approach combines local market expertise with global investment strategies, positioning it as a trusted partner in wealth management. As a joint venture between CIMB Group and Principal Financial Group, CIMB-Principal continues to strengthen its market position, providing clients with robust investment opportunities and exceptional service.
How does CIMB-Principal Asset Management Company Limited'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 Insurance Services 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.
CIMB-Principal Asset Management Company Limited's score of 54 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CIMB-Principal Asset Management Company Limited, headquartered in Thailand, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Principal Financial Group, Inc., which cascades its climate commitments and performance metrics down to CIMB-Principal. While there are no documented reduction targets or specific climate pledges from CIMB-Principal, it is important to note that the overarching climate initiatives and targets are inherited from Principal Financial Group, Inc. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which aim to drive significant reductions in greenhouse gas emissions across their operations. As a subsidiary, CIMB-Principal aligns with the sustainability goals set by its parent company, focusing on responsible investment practices and climate risk management. However, without specific emissions data or reduction targets, the company's individual climate impact remains unclear.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 6,557,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 29,965,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CIMB-Principal Asset Management Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.