Impax Asset Management

Impax Asset Management's reported carbon emissions

Impax Asset Management, a real estate services firm based in the UK, reported its carbon emissions for several years. For 2025, their total reported emissions were approximately 417,140 kg CO2e, comprising Scope 1 emissions of about 24,390 kg CO2e, Scope 2 emissions of approximately 84,410 kg CO2e, and Scope 3 emissions of about 385,740 kg CO2e, specifically from business travel. In 2024, total emissions were approximately 398,930 kg CO2e, with Scope 1 at 18,660 kg CO2e, Scope 2 at 75,250 kg CO2e, and Scope 3 (business travel) at 373,590 kg CO2e. The previous year, 2023, saw Scope 1 emissions of approximately 22,000 kg CO2e and Scope 2 emissions of about 77,000 kg CO2e (location-based total). For 2022, Scope 1 emissions were around 27,000 kg CO2e and Scope 2 emissions totalled approximately 74,000 kg CO2e (location-based). Impax Asset Management has outlined several climate commitments. They aim to achieve net-zero emissions by 2030 for Scope 1 and Scope 2 emissions, a target reiterated in multiple reports. Furthermore, 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 efforts to limit global warming to 1.5°C. A specific target within this initiative is for 100% of their assets covered by the NZAM commitment, including actively managed listed equities and private markets investments, to be "transition aligned" or "transition aligning" by 2030. Impax is also involved in industry groups like the Institutional Investors Group on Climate Change (IIGCC) and the Glasgow Financial Alliance for Net Zero (GFANZ).