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 44 is higher than 67% 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 carbon emissions in Great Britain totalled approximately 1,307,000 kg CO2e, comprising 307,000 kg CO2e from Scope 1 and about 1,400,000 kg CO2e from Scope 2 emissions. The company also reported significant global emissions of about 8,479,000 kg CO2e, with Scope 3 emissions accounting for approximately 7,293,000 kg CO2e, primarily driven by business travel (about 7,139,000 kg CO2e). M&G has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action. The company’s emissions data is not cascaded from a parent organization, indicating that these figures are independently reported. Overall, M&G's emissions reflect a substantial carbon footprint, particularly in Scope 3 categories, highlighting the importance of developing comprehensive strategies to mitigate climate impact moving forward.
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 | 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.