Federated Hermes Limited
Federated Hermes Limited, headquartered in Great Britain, is a prominent player in the investment management industry, specialising in sustainable and responsible investment solutions. Founded in 1985, the company has evolved significantly, merging with Federated Investors in 2020 to enhance its global reach and capabilities. With a strong presence in Europe and North America, Federated Hermes offers a diverse range of services, including equity, fixed income, and multi-asset strategies. Its commitment to integrating environmental, social, and governance (ESG) factors into investment processes sets it apart in a competitive market. Recognised for its innovative approach, the firm has achieved notable accolades, solidifying its position as a leader in responsible investing.
DitchCarbon Score
How does Federated Hermes 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.
Industry Average
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.
Industry Benchmark
Federated Hermes Limited's score of 32 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Federated Hermes Limited's reported carbon emissions
In 2023, Federated Hermes Limited reported total carbon emissions of approximately 66,972,000 kg CO2e. This figure includes Scope 1 emissions of about 350,070,000 kg CO2e, Scope 2 emissions of approximately 23,696,000 kg CO2e, and significant Scope 3 emissions totalling around 334,645,000 kg CO2e. The company has demonstrated a commitment to addressing climate change, although specific reduction targets or initiatives have not been disclosed. Their emissions intensity for Scope 1 has shown a gradual increase over the years, with values reported as 1,800 kg CO2e per tonne of product in 2015, rising to 2,300 kg CO2e per tonne in 2020, and reaching 2,400 kg CO2e per tonne in 2021. Federated Hermes Limited's climate commitments are aligned with industry standards, focusing on transparency and accountability in their emissions reporting. However, without specific reduction targets or initiatives outlined, the effectiveness of their climate strategy remains unclear.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 17,900,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000 |
| Scope 2 | 7,193,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 49,170,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Federated Hermes Limited 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.
