Pendal Group, a prominent investment management firm headquartered in Australia, has established itself as a leader in the financial services industry since its inception in 1982. With a strong presence in key markets across Australia, the United Kingdom, and North America, Pendal Group offers a diverse range of investment solutions tailored to meet the needs of institutional and retail clients. Specialising in active asset management, Pendal Group is renowned for its innovative approach to investment strategies, focusing on equities, fixed income, and multi-asset solutions. The firm’s commitment to delivering superior risk-adjusted returns has earned it a solid reputation and a competitive edge in the market. Notable achievements include significant growth in assets under management and recognition for its sustainable investment practices, positioning Pendal Group as a trusted partner in the evolving landscape of global finance.
How does Pendal Group'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 Services Auxiliary to 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.
Pendal Group's score of 18 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Pendal Group's total carbon emissions in Australia amounted to approximately 2,454,830 kg CO2e. This figure includes 486,000 kg CO2e from Scope 2 emissions, primarily from purchased electricity, and 44,430 kg CO2e from Scope 3 emissions, which encompass employee commuting and purchased goods and services. Notably, Pendal Group reported zero Scope 1 emissions. Comparatively, the total emissions for Pendal Group globally in 2022 were about 3,487,900 kg CO2e, with Scope 2 emissions at 891,400 kg CO2e and Scope 3 emissions at 3,387,900 kg CO2e. The data for global emissions is cascaded from Pendal Group Limited, reflecting their overall corporate performance. Despite the significant emissions reported, Pendal Group has not established specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies indicates a potential area for future development in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2022 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 341,100 | 000,000 |
| Scope 3 | 248,300 | 0,000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pendal Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
