Robeco

Robeco's reported carbon emissions

Robeco, a financial services auxiliary firm headquartered in NL, has reported its carbon emissions for several years, with the most recent data available for 2023. In 2023, Robeco's total emissions amounted to approximately 4.25 million kg CO2e. This figure includes Scope 1 emissions of about 190,100 kg CO2e and Scope 2 emissions of approximately 548,100 kg CO2e. Scope 3 emissions were not disclosed for this year. Looking back, in 2022, total emissions were reported as approximately 3.19 million kg CO2e, comprising about 236,200 kg CO2e in Scope 1 and 446,600 kg CO2e in Scope 2. Prior to this, in 2021, total emissions were approximately 1.69 million kg CO2e, with Scope 1 at about 237,700 kg CO2e and Scope 2 at approximately 363,900 kg CO2e. Robeco has set clear climate commitments, including an interim target for a 35% reduction in operational emissions (Scope 1 and 2) by 2025, compared to a 2019 baseline. Emissions data for 2018 indicated a total of approximately 7.15 million kg CO2e for Scope 1 and about 1.61 million kg CO2e for Scope 2, along with Scope 3 emissions of approximately 2.89 million kg CO2e. In 2017, Scope 1 emissions were about 872,300 kg CO2e, Scope 2 emissions were approximately 1.51 million kg CO2e, and Scope 3 emissions were around 882,900 kg CO2e. The company also disclosed Scope 2 emissions of about 1.31 million kg CO2e and Scope 3 emissions of approximately 1.20 million kg CO2e for 2016. In 2015, Robeco reported Scope 1 emissions of about 1.21 million kg CO2e, Scope 2 emissions of approximately 2.61 million kg CO2e, and Scope 3 emissions of around 3.37 million kg CO2e. Robeco's climate strategy is in line with initiatives such as the Net Zero Asset Managers Initiative and the Dutch Climate Accord, with a focus on developing a company-wide decarbonisation strategy with clear targets for 2025 and 2030. The organisation's sustainability reports highlight their commitment to reducing their environmental impact. It is noted that Robeco's emissions data is cascaded from Robeco Asset Management, with Robeco being a current subsidiary.