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 47 is higher than 70% 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 at approximately 534,000 kg CO2e, and significant Scope 3 emissions of around 14,075,000 kg CO2e. The latter 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 climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 from a 2021 baseline. Additionally, the company is committed to sourcing 100% renewable electricity annually through 2030. For Scope 3 emissions, Preqin targets a reduction of 48% per value added by 2030, also from a 2021 base year. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. The emissions data and reduction targets are cascaded from Preqin Ltd., the parent organization, reflecting a commitment to sustainability within the corporate family.
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 |
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.
Preqin is participating in some 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.