MFS Investment Management, a prominent player in the investment management industry, is headquartered in California. Founded in 1924, MFS has established itself as a pioneer in the mutual fund sector, introducing the first-ever mutual fund in the United States. With a strong presence in North America, Europe, and Asia, the firm offers a diverse range of investment solutions, including equity, fixed income, and alternative strategies. MFS is renowned for its commitment to active management and a research-driven approach, which sets it apart in a competitive market. The firm’s core products, such as its flagship mutual funds and institutional investment strategies, are designed to meet the evolving needs of investors. With a legacy of innovation and a focus on long-term performance, MFS Investment Management continues to be a trusted partner for clients seeking to navigate the complexities of global markets.
How does Mfs Investment Management'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.
Mfs Investment Management's score of 30 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mfs Investment Management reported total carbon emissions of approximately 201,700,480,000 kg CO2e, with emissions distributed across various scopes: about 18,654,890,000 kg CO2e from Scope 1, approximately 3,908,472,000 kg CO2e from Scope 2, and around 172,123,420,000 kg CO2e from Scope 3. This data reflects a consistent emission level compared to 2022, indicating no significant reduction in total emissions year-on-year. Mfs Investment Management has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction strategies suggests a need for enhanced climate commitments within the investment management sector, particularly as global focus intensifies on sustainability and carbon neutrality. The company's weighted average carbon intensity for Scope 1 and 2 emissions was reported at 0.14003 kg CO2e per unit of revenue in 2022, indicating a slight improvement from 0.15771 kg CO2e in 2021. This trend may reflect ongoing efforts to improve operational efficiency, although comprehensive reduction targets are still lacking.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 18,654,890,000 | 00,000,000,000 |
Scope 2 | 3,908,472,000 | 0,000,000,000 |
Scope 3 | 172,123,420,000 | 000,000,000,000 |
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.
Mfs Investment Management is not committed to any reduction initiatives 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.