Platinum Asset Management, often referred to simply as Platinum, is a prominent investment management firm headquartered in Australia. Established in 1994, the company has built a strong reputation in the financial services industry, focusing on global equities and alternative investment strategies. With a commitment to delivering superior long-term returns, Platinum operates primarily in the Asia-Pacific region, catering to a diverse clientele that includes retail and institutional investors. The firm is renowned for its unique investment approach, which emphasises rigorous research and a deep understanding of global markets. Platinum's core offerings include managed funds and investment trusts, distinguished by their active management style and a focus on undervalued companies. Over the years, Platinum Asset Management has achieved significant milestones, solidifying its position as a leader in the investment landscape, known for its disciplined investment philosophy and commitment to client success.
How does Platinum Asset Management'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 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.
Platinum Asset Management's score of 23 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Platinum Asset Management reported approximately 2,440,600 kg CO2e in Scope 3 emissions. This represents a decrease from the previous year's total of about 2,605,400 kg CO2e in 2023. The company has not disclosed any Scope 1 or Scope 2 emissions data for these years. Platinum's emissions data is cascaded from its parent company, Platinum Investment Management Limited, which provides a broader context for its climate commitments. The firm has set long-term goals to achieve carbon neutrality by 2050, committing to offset greenhouse gas emissions across both Scope 1 and Scope 2 categories starting from 2023. In 2022, Platinum reported Scope 2 emissions of about 24,800 kg CO2e, indicating a focus on reducing indirect emissions associated with energy consumption. The company continues to prioritise sustainability and climate action, aligning with industry standards and expectations for responsible asset management.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - |
| Scope 2 | 432,200 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 |
| Scope 3 | 494,800 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Platinum Asset Management has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
