M&G plc, commonly referred to as M&G, is a prominent investment management firm headquartered in Great Britain. Established in 1931, M&G has evolved into a key player in the financial services industry, with a strong presence across Europe and Asia. The company offers a diverse range of investment solutions, including asset management, savings, and retirement products, distinguished by their commitment to responsible investing and sustainable practices. With a rich history marked by significant milestones, M&G has consistently positioned itself as a leader in the market, managing billions in assets for both institutional and retail clients. Its innovative approach to investment strategies and focus on long-term value creation have earned M&G a reputation for excellence in the competitive landscape of asset management.
How does Mandg'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.
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.
Mandg's score of 52 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, M&G's total carbon emissions amounted to approximately 9,000,000 kg CO2e globally, with a breakdown of 543,000 kg CO2e from Scope 1, 2,944,000 kg CO2e from Scope 2, and 8,479,000 kg CO2e from Scope 3 emissions. Notably, business travel accounted for about 8,310,000 kg CO2e of the Scope 3 emissions. In the UK, M&G reported 1,407,000 kg CO2e in Scope 2 emissions and 307,000 kg CO2e in Scope 1 emissions, leading to a total of approximately 322,000 kg CO2e for Scope 1 and 2 combined. In 2023, M&G's global emissions were slightly lower, with total emissions of about 7,261,000 kg CO2e, comprising 595,000 kg CO2e from Scope 1, 3,023,000 kg CO2e from Scope 2, and 7,261,000 kg CO2e from Scope 3. The UK figures for that year showed 1,592,000 kg CO2e in Scope 2 emissions and 446,000 kg CO2e in Scope 1 emissions. M&G has not set specific reduction targets or initiatives as part of their climate commitments, and there are no cascading emissions data from a parent organization. The company continues to monitor and report its emissions across all relevant scopes, demonstrating a commitment to transparency in its climate impact.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 2,187,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 5,948,000 | 0,000,000 | 000,000 | 00,000 | 0,000,000 | 0,000,000 |
Scope 3 | 9,922,000 | - | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Mandg 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.