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Financial Intermediation
GB
updated 12 days ago

M & G Group Limited

Company website

M & G Group Limited, a prominent player in the financial services industry, is headquartered in Great Britain. Founded in the early 20th century, the company has established itself as a leader in asset management and investment solutions, catering to a diverse clientele across Europe and beyond. With a strong focus on delivering innovative financial products, M & G Group Limited offers a range of services including investment management, insurance, and retirement solutions. Their commitment to sustainability and responsible investing sets them apart in a competitive market. Recognised for their robust performance and customer-centric approach, M & G Group Limited has achieved significant milestones, solidifying its position as a trusted name in the financial sector.

DitchCarbon Score

How does M & G Group 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.

23

Industry Average

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.

30

Industry Benchmark

M & G Group Limited's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

28%

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M & G Group Limited's reported carbon emissions

In 2019, M & G Group Limited reported total carbon emissions of approximately 15,121,000 kg CO2e. This figure includes Scope 1 emissions of about 2,041,000 kg CO2e, Scope 2 emissions (location-based) of approximately 5,247,000 kg CO2e, and significant Scope 3 emissions amounting to around 11,472,000 kg CO2e. The combined total for Scope 1 and Scope 2 emissions stands at about 3,650,000 kg CO2e. Currently, M & G Group Limited has not set specific reduction targets or initiatives, nor do they participate in any recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of reduction commitments indicates a potential area for improvement in their climate strategy. As a company headquartered in Great Britain, M & G Group Limited's emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of their own operations.

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2019
Scope 1
2,041,000
Scope 2
5,247,000
Scope 3
11,472,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. M & G Group Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for M & G Group Limited is in GB, which has a low grid carbon intensity relative to other regions.

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.

M & G Group Limited is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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