Pimco
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Pimco's score of 22 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pimco's reported carbon emissions
In 2023, Pimco reported total carbon emissions of approximately 36,517,288 kg CO2e, comprising 6,089,818 kg CO2e from Scope 1, 6,298,333 kg CO2e from Scope 2, and 25,982,986 kg CO2e from Scope 3 emissions. This marked a significant reduction from 2022, where total emissions were about 54,346,452 kg CO2e, with Scope 1 at 5,926,549 kg CO2e, Scope 2 at 5,716,941 kg CO2e, and Scope 3 at 19,931,470 kg CO2e. Pimco's emissions data indicates a trend towards decreasing carbon footprints, particularly in Scope 1 and 2 emissions, which are critical for direct and indirect operational impacts. However, the company has not disclosed specific reduction targets or initiatives aimed at further decreasing emissions, nor have they committed to any climate pledges or SBTi (Science Based Targets initiative) reduction targets. Overall, while Pimco has made strides in reducing its carbon emissions, the absence of formal reduction commitments suggests an opportunity for further engagement in climate action within the financial sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
