Schroders

Schroders, a financial intermediation services provider headquartered in the UK, has reported its greenhouse gas (GHG) emissions and set ambitious climate commitments.

For the financial year 2024, Schroders's total GHG emissions were approximately 162,811,000 kg CO2e. This figure comprises Scope 1 emissions of about 483,000 kg CO2e, Scope 2 emissions (market-based) of approximately 380,000 kg CO2e, and substantial Scope 3 emissions totalling about 161,948,000 kg CO2e.

In 2023, the company's total emissions were approximately 137,747,000 kg CO2e, with Scope 1 emissions at about 661,000 kg CO2e, Scope 2 (market-based) at around 504,000 kg CO2e, and Scope 3 emissions at approximately 136,582,000 kg CO2e.

Looking back to 2022, Schroders reported total emissions of approximately 118,923,000 kg CO2e. This included Scope 1 emissions of about 789,000 kg CO2e, Scope 2 (market-based) of approximately 717,000 kg CO2e, and Scope 3 emissions totalling about 117,417,000 kg CO2e. Significant contributors to Scope 3 emissions in 2022 included purchased goods and services (approximately 97,982,000 kg CO2e) and investments (reported as 186,600,000,000 kg CO2e, though this appears to be an anomaly in the provided data and likely represents a different unit or scope of measurement not directly comparable to other figures).

Schroders has committed to reducing its absolute Scope 1 and 2 (location-based) GHG emissions by 46% by 2030, using 2019 as the baseline year. Furthermore, the company has a long-term ambition to achieve net zero emissions by 2050 or sooner, covering all scopes. They are also a signatory to the Net Zero Asset Managers initiative, aligning with the global goal of net zero greenhouse gas emissions by 2050. For their investment portfolio, Schroders aims to achieve net zero or net-zero aligned pathways for all third-party funds by 2040.