Impax Asset Management

Impax Asset Management's reported carbon emissions

Impax Asset Management, headquartered in GB, is committed to advancing net-zero emissions. For the reporting year 2025, the company reported total emissions of approximately 417,140 kg CO2e. This figure comprises Scope 1 emissions of about 24,390 kg CO2e, Scope 2 emissions of approximately 84,410 kg CO2e, and Scope 3 emissions, specifically business travel, totalling 385,740 kg CO2e. In 2024, Impax Asset Management's total emissions were around 398,930 kg CO2e, with Scope 1 at approximately 18,660 kg CO2e, Scope 2 at about 75,250 kg CO2e, and Scope 3 business travel at 373,590 kg CO2e. Previously, for 2023, Scope 1 emissions were approximately 22,000 kg CO2e (stationary combustion), and Scope 2 emissions were about 77,000 kg CO2e (total location-based), with purchased electricity contributing 25,000 kg CO2e. In 2022, Scope 1 emissions were around 27,000 kg CO2e (stationary combustion) and Scope 2 emissions totalled approximately 74,000 kg CO2e (total location-based), with 4,000 kg CO2e from purchased electricity. The firm reported Scope 1 and 2 emissions for 2021 as approximately 31,900 kg CO2e (market-based total) and Scope 3 business travel emissions of about 9,000 kg CO2e, with a total of 51,000 kg CO2e. For 2020, total emissions were approximately 114,800 kg CO2e, including Scope 3 business travel of 82,900 kg CO2e and Scope 1 and 2 market-based total emissions of 31,900 kg CO2e. In 2019, Scope 1 emissions were around 24,929 kg CO2e, Scope 3 emissions were approximately 329,102 kg CO2e, and the combined Scope 1 and 2 total was 354,030 kg CO2e. Impax Asset Management has set ambitious net-zero targets. The company aims to achieve net-zero emissions by 2030, with specific focus on Scope 1 and Scope 2 emissions. Additionally, as a signatory to the Net Zero Asset Managers (NZAM) initiative since 2021, Impax has committed to supporting the goal of net-zero greenhouse gas (GHG) emissions by 2050 or sooner, aligning with global efforts to limit warming to 1.5°C. As part of this commitment, 100% of its actively managed listed equities and private markets investments are targeted to be 'transition aligned' or 'transition aligning' by 2030.