PT Ashmore Asset Management Indonesia Tbk

PT Ashmore Asset Management Indonesia Tbk's reported carbon emissions

In 2023, PT Ashmore Asset Management Indonesia Tbk reported total carbon emissions of approximately 949,000 kg CO2e from Scope 1, 224,600 kg CO2e from Scope 2 (market-based), and 670,100 kg CO2e from Scope 3, leading to a calculated total of approximately 1,943,700 kg CO2e. This represents a significant increase in emissions compared to 2022, where total emissions were approximately 1,000,000 kg CO2e, with Scope 1 at 51,900 kg CO2e, Scope 2 (market-based) at 221,100 kg CO2e, and Scope 3 at 380,800 kg CO2e. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Furthermore, emissions data is cascaded from its parent company, Ashmore Group Plc, which may influence its overall climate strategy and reporting. Overall, PT Ashmore Asset Management Indonesia Tbk's emissions profile reflects the broader challenges faced by financial institutions in managing their carbon footprints, particularly in Scope 3 emissions, which often constitute the largest share of total emissions.