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Morrison, officially known as Morrison Financial Intermediation Services, is a prominent player in the financial intermediation sector, headquartered in New Zealand. Established in the early 2000s, the company has carved a niche in providing comprehensive financial services, excluding insurance and pension funding, primarily across the Asia-Pacific region.
Specialising in innovative financial solutions, Morrison offers a range of services that include investment advisory, asset management, and financial planning. Their unique approach combines local market insights with global best practices, setting them apart in a competitive landscape.
With a strong market position, Morrison has achieved significant milestones, including recognition for excellence in client service and strategic partnerships that enhance their service offerings. As they continue to expand their footprint, Morrison remains committed to delivering tailored financial solutions that meet the evolving needs of their clients.
-5 vs industry average
Morrison’s score of 32 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Morrison's most recent available emissions data is from 2022, reporting a total of approximately 2.89 billion kg CO2e. This includes about 972,000 kg CO2e from Scope 1 emissions, approximately 4.06 million kg CO2e from Scope 2 emissions, and roughly 2.89 billion kg CO2e from Scope 3 emissions. Specifically, Scope 3 emissions in 2022 comprised about 981.82 million kg CO2e from use of sold products and approximately 1.91 billion kg CO2e from purchased goods and services.
In 2021, Morrison's total emissions were approximately 2.85 billion kg CO2e, with Scope 1 emissions at roughly 1.59 million kg CO2e, Scope 2 at about 5.37 million kg CO2e, and Scope 3 at around 2.84 billion kg CO2e. In 2020, total emissions were approximately 2.38 billion kg CO2e, with Scope 1 at about 1.80 million kg CO2e, Scope 2 at roughly 5.79 million kg CO2e, and Scope 3 at approximately 2.37 billion kg CO2e. The emissions data for Morrison is inherited from its parent company, Taylor Morrison Home Corporation.
Morrison, through its parent company Taylor Morrison Home Corporation, has set near-term reduction targets. These targets, cascaded from Taylor Morrison Home Corporation, aim to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 30% by 2030, with a baseline year of 2023. Additionally, the company aims to increase electricity from renewable sources to half of its total electricity usage and improve operational energy efficiency by 20% by 2030.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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