Mirae Asset Securities

Mirae Asset Securities's reported carbon emissions

Mirae Asset Securities, headquartered in Korea (KR) and operating in financial intermediation services, demonstrates a commitment to reducing its environmental impact. In 2023, the company reported total emissions of approximately 11.6 billion kg CO2e. This comprised about 1.04 billion kg CO2e from Scope 1 emissions, approximately 4.6 billion kg CO2e from Scope 2 emissions, and about 549 million kg CO2e from Scope 3 emissions. For 2022, Mirae Asset Securities' total emissions were approximately 11.4 billion kg CO2e, with Scope 1 emissions totalling about 1 billion kg CO2e, Scope 2 emissions around 10 billion kg CO2e, and Scope 3 emissions at approximately 384 million kg CO2e. The company has set ambitious climate targets, aiming for carbon neutrality by 2040. This involves a linear reduction of 5.8% annually from 2030 to 2040 for Scope 1 and Scope 2 emissions. Mirae Asset Securities also has SBTi (Science Based Targets initiative) targets, with near-term targets set for 2025 and 2030, aligning with a 1.5°C warming scenario for company operations. Their portfolio targets cover 10% of their total investment and lending by total balance sheet assets as of 2022. Further emissions data indicates a total of approximately 13.3 billion kg CO2e in 2021, with Scope 1 emissions around 938 million kg CO2e, Scope 2 emissions at approximately 12.2 billion kg CO2e, and Scope 3 emissions of about 116 million kg CO2e. In 2020, total emissions were approximately 14.4 billion kg CO2e, including Scope 1 emissions of about 979 million kg CO2e, Scope 2 emissions of around 7.9 billion kg CO2e (specifically purchased electricity), and Scope 3 emissions of approximately 315 million kg CO2e. Prior to this, in 2019, total emissions were about 11 billion kg CO2e, comprising 904 million kg CO2e for Scope 1 and approximately 10.1 billion kg CO2e for Scope 2. In 2018, total emissions stood at approximately 13.8 billion kg CO2e, with Scope 1 at about 1 billion kg CO2e and Scope 2 at approximately 11.8 billion kg CO2e. In 2017, emissions were around 18.4 billion kg CO2e, with Scope 1 at approximately 1.1 billion kg CO2e and Scope 2 at about 16.6 billion kg CO2e. Mirae Asset Securities does not currently cascade emissions data from a parent organisation.