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 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 83% 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 2,490,000 kg CO2e globally. This figure includes 2,454,830 kg CO2e from Scope 1 emissions, 486,000 kg CO2e from Scope 2 emissions, and 44,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (1,102,630 kg CO2e) and employee commuting (17,790 kg CO2e). In 2021, Pendal Group's emissions were approximately 2,300,000 kg CO2e, with Scope 1 emissions at 2,343,370 kg CO2e, Scope 2 emissions at 530,510 kg CO2e, and Scope 3 emissions at 44,430 kg CO2e. The 2020 data shows a total of about 589,400 kg CO2e, with Scope 2 emissions at 341,100 kg CO2e and Scope 3 emissions at 248,300 kg CO2e. Despite these figures, Pendal Group has not publicly committed to specific reduction targets or initiatives, indicating a potential area for future development in their climate strategy. The absence of documented reduction targets suggests that while the company is aware of its emissions, it may need to enhance its climate commitments to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | - | 0,000,000 | 0,000,000 |
Scope 2 | 341,100 | 000,000 | 000,000 |
Scope 3 | 248,300 | 00,000 | 00,000 |
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 committed to some 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.