ECP Asset Management

ECP Asset Management, based in Australia and operating in services auxiliary to financial intermediation, has outlined significant climate commitments. For the 2024 reporting year, the company's Scope 2 (market-based) emissions were approximately 11,141,630 kg CO2e, with Scope 2 (location-based) emissions at approximately 1,953,830 kg CO2e. Scope 3 emissions for 2024 were approximately 1,399,510 kg CO2e.

In 2023, ECP Asset Management reported Scope 2 (market-based) emissions of about 10,373,020 kg CO2e, and Scope 2 (location-based) emissions of approximately 2,360,530 kg CO2e. Scope 3 emissions for the same year were about 1,604,660 kg CO2e.

The company's data for 2022 shows total emissions of approximately 93,100 kg CO2e, comprising 0 kg CO2e for Scope 1, about 28,600 kg CO2e for Scope 2, and roughly 64,500 kg CO2e for Scope 3. It is important to note that Scope 3 data for "purchased goods and services" was missing for these periods. The Weighted Average Carbon Intensity for ECP Growth Companies was 28,900 tonnes CO2e for 2022-2023.

ECP Asset Management is committed to achieving net zero across its firm operations and investment portfolios by 2050. This ambitious target encompasses Scope 1, Scope 2, and Scope 3 emissions. The company's emissions data is inherited from its parent company, ECP Asset Management Pty Ltd, at cascade level 1, indicating it operates as a current subsidiary. While specific reduction achievements are not detailed, the net-zero by 2050 commitment demonstrates a long-term strategic approach to climate action within the financial services sector.