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OrganisationsMorrison
Morrison logo

Morrison

Financial IntermediationNew ZealandLSE: MRW.L
Last verified 9 days agomorrisonglobal.com

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.

29
DitchCarbon score

-8 vs industry average

Morrison’s score of 29 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.096
20182025

The Financial Intermediation industry has reduced its overall emissions by 33% since 2018

Emissions trajectory 2020 – 2025

0.0B0.0B0.0B000.0M0

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202020212022202320242025

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Morrison's reported carbon emissions

Morrison, a financial intermediation services company headquartered in NZ, reported total carbon emissions of approximately 2.85 billion kg CO2e for the year 2021. This figure encompasses Scope 1, 2, and 3 emissions.

In 2022, Morrison's total emissions were approximately 2.89 billion kg CO2e, comprising Scope 1 emissions of about 972,000 kg CO2e, Scope 2 emissions of approximately 4.06 million kg CO2e, and Scope 3 emissions of roughly 2.89 billion kg CO2e. Scope 3 emissions were primarily driven by purchased goods and services (approximately 1.91 billion kg CO2e) and the use of sold products (approximately 981.82 million kg CO2e).

For the year 2023, Morrison's total emissions were approximately 7.42 billion kg CO2e. While specific scope breakdowns are not detailed for this year, it is noted that the company has provided upstream emission factor data.

The most recent emissions data provided is for 2024, with reported revenue but no absolute emissions figures. However, production emission factors for Scope 3 Category 11 (Use of Sold Products) are available, indicating approximately 72,000 kg CO2e per unit of revenue.

Morrison has established climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 30% by 2030. Additionally, the company has set targets to increase its electricity from renewable sources to half of its total electricity usage, improve operational energy efficiency by 20%, and reduce waste disposal intensity by 25%, also by 2030. The provided data indicates that these targets were set in reference to the year 2023.

There is no indication that Morrison's emissions data or climate commitments are cascaded from a parent organisation.

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Morrison’s Climate Goals (2030 & 2050)

2 goals

2030

30% reduction in Scope 1

Sherwin Williams has set goals to reduce its absolute Scope 1 and 2 GHG emissions by 30%, increase electricity from renewable sources to hal…

Insufficient data30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

2 of 15 categories disclosed
Purchased Goods & Services66%
Use of Sold Products34%
Purchased Goods & Services66%
Use of Sold Products34%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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CompanyCountryIndustryLast updatedScoreDetails
Morrison logoMorrison
NZFinancial Intermediation
9 days ago
29
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D R Horton logoD R Horton
USConstruction Work
6 days ago
30
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Howard Hughes logoHoward Hughes
USReal Estate Services
6 days ago
20
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Topbuild logoTopbuild
USConstruction Work
4 days ago
15
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Lennar logoLennar
USConstruction Work
6 days ago
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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

Where does DitchCarbon
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Ditchcarbonv260716.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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