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 49 is higher than 72% 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 307,000 kg CO2e for Scope 1 and about 1,407,000 kg CO2e for Scope 2 (location-based). The combined total for Scope 1 and 2 emissions was around 322,000 kg CO2e (market-based). Globally, M&G reported Scope 1 emissions of about 543,000 kg CO2e, Scope 2 emissions of approximately 2,944,000 kg CO2e (location-based), and Scope 3 emissions reaching about 8,479,000 kg CO2e, primarily from business travel. In 2023, M&G's emissions in Great Britain included approximately 446,000 kg CO2e for Scope 1 and about 1,592,000 kg CO2e for Scope 2 (location-based), with a total of around 471,000 kg CO2e (market-based) for Scope 1 and 2 combined. Globally, the company reported Scope 1 emissions of about 595,000 kg CO2e, Scope 2 emissions of approximately 3,023,000 kg CO2e (location-based), and Scope 3 emissions of around 7,261,000 kg CO2e. M&G has not set specific reduction targets or initiatives as part of their climate commitments, and there are no emissions data cascaded from a parent organization. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate action.
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.