Covestor, Inc. Sustainability Profile
Covestor, Inc., a prominent player in the financial technology sector, is headquartered in the United States. Founded in 2007, the company has established itself as a leader in investment management and portfolio analytics, catering to both individual and institutional investors. Covestor's innovative platform allows users to track and replicate the investment strategies of top-performing investors, setting it apart in a competitive market. With a focus on transparency and data-driven insights, Covestor offers unique services that empower clients to make informed investment decisions. The company has achieved significant milestones, including partnerships with major financial institutions, enhancing its market position. As a trusted name in the fintech industry, Covestor continues to redefine investment management through its cutting-edge technology and commitment to client success.
DitchCarbon Score
How does Covestor, Inc.'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 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
Covestor, Inc.'s score of 34 is higher than 56% 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
Covestor, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of IBG LLC, which may influence its climate commitments and reporting practices. As of now, Covestor, Inc. has not established any documented reduction targets or climate pledges, nor does it appear to have cascaded targets from its parent organisation. This lack of data suggests that Covestor may still be in the early stages of developing its climate strategy or reporting framework. In the context of the industry, many companies are increasingly adopting science-based targets and committing to net-zero emissions. Covestor, Inc. may benefit from aligning its initiatives with these industry standards to enhance its sustainability profile and meet stakeholder expectations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 212,260 | 000,000 |
| Scope 2 | 1,646,730 | 00,000 |
| Scope 3 | - | - |
How Carbon Intensive is Covestor, Inc.'s Industry?
How Carbon Intensive is Covestor, Inc.'s Location?
Covestor, Inc.'s Climate Goals (2030 & 2050)
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.
Covestor, Inc. 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.
