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 47 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, M&G reported total carbon emissions of approximately 7,996,000 kg CO2e globally, with 446,000 kg CO2e from Scope 1 and 1,592,000 kg CO2e from Scope 2 emissions. The majority of their emissions, about 7,261,000 kg CO2e, were attributed to Scope 3, primarily from business travel. In the UK, M&G's emissions for 2023 were approximately 322,000 kg CO2e from Scope 1 and 1,407,000 kg CO2e from Scope 2. The company has not set specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for future focus. Historically, M&G's emissions have fluctuated, with total emissions of about 4,624,000 kg CO2e in 2020 and 4,505,000 kg CO2e in 2022. The company has disclosed emissions across all three scopes, demonstrating transparency in their reporting. M&G's commitment to addressing climate change is evident, but the absence of defined reduction targets suggests that further strategic planning may be necessary to align with industry standards and expectations for sustainability.
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 | 1,976,000 | 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.