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 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Pendal Group reported total carbon emissions of approximately 2,454,830 kg CO2e, with significant contributions from Scope 2 emissions, which accounted for about 486,000 kg CO2e. Scope 3 emissions were also notable, totalling approximately 44,430 kg CO2e, primarily from employee commuting (about 17,790 kg CO2e) and purchased goods and services (about 2,630 kg CO2e). Comparatively, in 2021, Pendal Group's total emissions were about 2,343,370 kg CO2e, and in 2020, they were approximately 2,270,000 kg CO2e. This indicates a slight increase in emissions from 2021 to 2022, highlighting the need for enhanced climate action. Pendal Group does not currently have specific reduction targets or initiatives disclosed, nor are there any commitments to the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from Pendal Group Limited, reflecting their corporate family relationship. Overall, Pendal Group's emissions profile underscores the importance of developing robust climate commitments to address their carbon footprint effectively.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 891,400 |
| Scope 3 | 3,387,900 |
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.
Pendal Group is not participating in any of the initiatives that 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.
