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.
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.
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.
Power Financial Corporation's score of 23 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Power Financial Corporation, headquartered in California, has reported its carbon emissions data for the years 2019 to 2021. In 2021, the company emitted approximately 34,241,835,000 kg CO2e from Scope 1 emissions, 4,000 kg CO2e from Scope 2 emissions, and 46,536,000 kg CO2e from Scope 3 emissions. This indicates a significant reliance on Scope 1 emissions, which primarily arise from direct operations. In 2020, the emissions were approximately 724,781,000 kg CO2e for Scope 1, 2,000 kg CO2e for Scope 2, and 46,619,000 kg CO2e for Scope 3. The 2019 data showed emissions of about 2,313,000 kg CO2e for Scope 1, 5,000 kg CO2e for Scope 2, and 52,846,000 kg CO2e for Scope 3, highlighting a trend of increasing emissions over the years. Despite the emissions data, Power Financial Corporation has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or reduction strategies suggests that the company may need to enhance its commitment to sustainability and climate action in line with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.