Envestnet, Inc., a leading provider of intelligent financial solutions, is headquartered in the United States and operates extensively across North America. Founded in 1999, the company has established itself in the wealth management and financial technology sectors, offering a comprehensive suite of services that includes investment management, financial planning, and data analytics. Envestnet's core products, such as its integrated platform for advisors and financial institutions, stand out for their ability to enhance client engagement and streamline operations. With a strong market position, Envestnet has achieved significant milestones, including strategic acquisitions that bolster its service offerings and expand its reach. The company is recognised for its commitment to innovation, making it a trusted partner for financial professionals seeking to optimise their client solutions.
How does Envestnet'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 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.
Envestnet's score of 26 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Envestnet, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Envestnet, Inc., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or climate pledges from Envestnet, it is important to note that the organisation inherits its climate-related initiatives and data from its parent company, Envestnet, Inc. This cascading of data suggests that any climate commitments or emissions reporting may align with the broader strategies of its parent organisation. As of now, Envestnet has not established specific science-based targets (SBTi) or documented any significant reduction initiatives. The lack of emissions data and reduction targets highlights an opportunity for Envestnet to enhance its sustainability efforts and align with industry standards for climate action.
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.
Envestnet 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.
