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 25 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 shown a trend in emissions reporting over the years, with Scope 1 emissions in 2020 at about 724,781,000 kg CO2e, and Scope 3 emissions at approximately 46,619,000 kg CO2e. However, there are no disclosed reduction targets or specific climate pledges from Power Financial Corporation, indicating a potential area for improvement in their climate commitments. Overall, while Power Financial Corporation has provided emissions data across various scopes, the absence of defined reduction initiatives or targets suggests that the company may need to enhance its climate strategy to align with industry standards and expectations.
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 participating in any of the initiatives that 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.