PIMCO, or Pacific Investment Management Company, LLC, is a leading global investment management firm headquartered in the United States. Founded in 1971, PIMCO has established itself as a key player in the fixed income sector, with a strong presence in major financial markets worldwide, including Europe and Asia. Specialising in bond and alternative investment strategies, PIMCO offers a diverse range of products and services, including mutual funds, exchange-traded funds (ETFs), and customised investment solutions. The firm is renowned for its rigorous research-driven approach and innovative risk management techniques, setting it apart in the competitive landscape. With a commitment to delivering superior returns, PIMCO has garnered numerous accolades and maintains a prominent market position, managing assets for a diverse clientele that includes institutional investors and individual clients alike.
How does Pimco'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.
Pimco's score of 36 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Pimco reported total carbon emissions of approximately 25,982,986,000 kg CO2e, comprising 6,089,818,000 kg CO2e from Scope 1, 6,298,333,000 kg CO2e from Scope 2, and 25,982,986,000 kg CO2e from Scope 3 emissions. This marked a significant reduction from 2022, where total emissions were about 19,931,470,000 kg CO2e, with Scope 1 and Scope 2 emissions also showing a decrease. In 2022, Pimco's emissions were approximately 19,931,470,000 kg CO2e, with Scope 1 emissions at about 5,926,549,000 kg CO2e and Scope 2 emissions at around 5,716,941,000 kg CO2e. The Scope 3 emissions for that year were approximately 19,931,470,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, it continues to monitor and report its emissions across all scopes, indicating a commitment to transparency in its environmental impact. As of 2024, no emissions data has been reported, suggesting a potential shift in reporting or operational changes. Pimco's emissions data reflects its ongoing efforts to address climate change, although specific reduction strategies or targets have not been outlined. The firm operates within a global context where financial institutions are increasingly held accountable for their carbon footprints, and it remains to be seen how Pimco will adapt to these expectations moving forward.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 5,500,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 5,300,000,000 | 0,000,000,000 | 0,000,000,000 |
Scope 3 | 18,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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.
Pimco 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.