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 30 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Pendal Group reported significant carbon emissions, totalling approximately 8,000,000 kg CO2e across various scopes. The breakdown includes 335,000 kg CO2e from Scope 2 emissions related to purchased electricity and approximately 7,700,000 kg CO2e from Scope 3 emissions, which encompass capital goods (2,267,000 kg CO2e), business travel (3,586,000 kg CO2e), employee commute (1,290,000 kg CO2e), purchased goods and services (4,930,000 kg CO2e), and fuel and energy-related activities (1,046,000 kg CO2e). In 2023, Pendal Group's emissions were slightly lower, with a total of about 8,000,000 kg CO2e, including 242,000 kg CO2e from Scope 2 and approximately 7,800,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included capital goods (5,000,000 kg CO2e), business travel (4,540,000 kg CO2e), employee commute (1,566,000 kg CO2e), purchased goods and services (9,111,000 kg CO2e), and fuel and energy-related activities (1,462,000 kg CO2e). Pendal Group has set ambitious reduction targets for its emissions. For Scope 1 emissions, the company aims for a 93% reduction by 2024, while for Scope 2 emissions, a 12% reduction is targeted within the same timeframe. These targets reflect Pendal Group's commitment to sustainability and reducing its carbon footprint. The emissions data is cascaded from Pendal Group Limited, indicating a corporate family relationship that influences its sustainability reporting and initiatives. Pendal Group's efforts align with industry standards and demonstrate a proactive approach to addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | - | - | - | - |
Scope 2 | - | 0,000,000 | 000,000 | 000,000 |
Scope 3 | 32,700 | 000,000 | 00,000,000 | 00,000,000 |
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.