Preqin, officially known as Preqin Ltd, is a leading provider of data and intelligence for the alternative assets industry, headquartered in London, GB. Founded in 2003, the company has established itself as a trusted resource for private equity, hedge funds, real estate, infrastructure, and private debt sectors, serving clients across Europe, North America, and Asia-Pacific. Preqin's core offerings include comprehensive databases, analytical tools, and market insights that empower investment professionals to make informed decisions. What sets Preqin apart is its extensive coverage and depth of data, which is continually updated to reflect the dynamic nature of the alternative assets market. With a strong market position, Preqin is recognised for its commitment to transparency and accuracy, making it an invaluable partner for investors and fund managers alike.
How does Preqin'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 Other 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.
Preqin's score of 38 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Preqin reported total carbon emissions of approximately 14,613,000 kg CO2e, with Scope 1 emissions at about 4,000 kg CO2e, Scope 2 emissions (location-based) at around 534,000 kg CO2e, and significant Scope 3 emissions totalling approximately 14,075,000 kg CO2e. The Scope 3 breakdown includes emissions from purchased goods and services (about 8,880,000 kg CO2e), employee commuting (approximately 2,975,000 kg CO2e), and business travel (around 267,000 kg CO2e). Preqin has set ambitious reduction targets, committing to a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2021 as the base year. Additionally, they aim to reduce Scope 3 emissions by 48% per value added by 2030, also from a 2021 baseline. The company has pledged to source 100% renewable electricity annually through 2030. This data is cascaded from Preqin Ltd., which is classified as a current subsidiary. The targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 213,000 | 000,000 | 000,000 | 00,000 | - | 0,000 |
| Scope 2 | 264,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 313,000 | 000,000 | 000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Preqin's Scope 3 emissions, which increased by 9% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
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.
Preqin has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
