Power Financial Corporation
Power Financial Corporation, headquartered in California, is a prominent player in the financial services industry, specialising in investment management and financial planning. Founded in 1995, the company has established itself as a trusted partner for individuals and businesses seeking tailored financial solutions across major operational regions in the United States. With a diverse portfolio of core services, including wealth management, retirement planning, and asset allocation, Power Financial Corporation distinguishes itself through its client-centric approach and innovative strategies. The firm has achieved significant milestones, positioning itself as a leader in the market, recognised for its commitment to excellence and customer satisfaction. As a result, Power Financial Corporation continues to empower clients to achieve their financial goals with confidence.
DitchCarbon Score
How does Power Financial Corporation'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 Insurance Services 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
Power Financial Corporation's score of 23 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Power Financial Corporation's reported carbon emissions
In 2021, Power Financial Corporation reported significant carbon emissions, with Scope 1 emissions totalling approximately 34,241,835,000 kg CO2e, Scope 2 emissions at about 4,000 kg CO2e, and Scope 3 emissions reaching approximately 46,536,000 kg CO2e. The Scope 3 emissions included business travel (82,000 kg CO2e), purchased goods and services (41,822,000 kg CO2e), and waste generated in operations (91,000 kg CO2e). The company has not disclosed any specific reduction targets or initiatives, nor does it appear to have committed to the Science Based Targets initiative (SBTi) or any formal climate pledges. This lack of defined climate commitments may reflect broader industry trends where many organisations are still developing comprehensive strategies to address carbon emissions and climate change. Overall, while Power Financial Corporation has reported substantial emissions, the absence of reduction targets indicates an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 2,313,000 | 000,000,000 | 00,000,000,000 |
| Scope 2 | 5,000 | 0,000 | 0,000 |
| Scope 3 | 52,846,000 | 00,000,000 | 00,000,000 |
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.
Power Financial Corporation 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.
