Jgp Wealth Management

Jgp Wealth Management's reported carbon emissions

In 2023, JGP Wealth Management reported total carbon emissions of approximately 193.8 million kg CO2e. This figure includes Scope 1 emissions of about 340 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 13,370 kg CO2e, all from purchased electricity. The most significant contributor to their carbon footprint is Scope 3 emissions, which total around 368 million kg CO2e, with investments accounting for approximately 311.5 million kg CO2e. JGP Wealth Management has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company operates independently without cascading emissions data from a parent organization, ensuring that their reported figures reflect their own operational impact. Overall, JGP Wealth Management's emissions profile highlights the need for enhanced climate commitments and reduction strategies to address their substantial carbon footprint, particularly in Scope 3 emissions, which represent the majority of their total emissions.