Parnassus Investments
Parnassus Investments, a prominent player in the investment management industry, is headquartered in the United States. Founded in 1984, the firm has established itself as a leader in socially responsible investing, focusing on equity and fixed-income strategies that align with sustainable practices. With a commitment to delivering long-term value, Parnassus offers a range of mutual funds and investment solutions that prioritise environmental, social, and governance (ESG) criteria. The firm has achieved significant milestones, including the launch of its flagship Parnassus Core Equity Fund, which has garnered recognition for its performance and ethical investment approach. Parnassus Investments is well-regarded for its unique ability to blend rigorous financial analysis with a strong commitment to social responsibility, positioning itself as a trusted choice for investors seeking both financial returns and positive societal impact.
DitchCarbon Score
How does Parnassus Investments'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.
Industry Average
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.
Industry Benchmark
Parnassus Investments's score of 5 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Parnassus Investments's reported carbon emissions
In 2022, Parnassus Investments reported significant carbon emissions, totalling approximately 740,000,000 kg CO2e for Scope 1 and about 310,000,000 kg CO2e for Scope 2. This brings their total reported emissions to around 1,050,000,000 kg CO2e. Currently, there are no disclosed reduction targets or climate pledges from Parnassus Investments, indicating a potential area for future commitment in addressing climate change. The absence of specific initiatives or targets suggests that the firm may be in the early stages of developing a comprehensive climate strategy. As a financial institution headquartered in the US, Parnassus Investments operates within an industry increasingly focused on sustainability and carbon footprint reduction. The firm’s current emissions data highlights the importance of establishing clear climate commitments to align with global efforts in mitigating climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | |
|---|---|
| Scope 1 | 740,000,000 |
| Scope 2 | 310,000,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Parnassus Investments 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.
