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 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Mandg reported carbon emissions of approximately 307,000 kg CO2e for Scope 1 and about 1,407,000 kg CO2e for Scope 2 (location-based). The total emissions for Scope 1 and 2 combined were around 322,000 kg CO2e (market-based). This data highlights Mandg's ongoing commitment to transparency in its carbon footprint reporting. Globally, Mandg's emissions for 2024 included about 543,000 kg CO2e for Scope 1, approximately 2,944,000 kg CO2e for Scope 2 (location-based), and around 8,479,000 kg CO2e for Scope 3 emissions, which primarily stemmed from business travel. The company has disclosed emissions across all three scopes, indicating a comprehensive approach to understanding and managing its environmental impact. Despite the detailed emissions reporting, Mandg has not set specific reduction targets or initiatives as part of its climate commitments. This absence of defined reduction strategies suggests a need for further development in their sustainability framework. Overall, Mandg's emissions data reflects its current operational impact, while the lack of reduction targets indicates an opportunity for enhanced climate action 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 | 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.