Schroders, officially known as Schroders plc, is a leading global asset management company headquartered in London, GB. Founded in 1804, Schroders has established a strong presence in key operational regions, including Europe, North America, and Asia-Pacific. The firm specialises in a diverse range of investment solutions, including equities, fixed income, multi-asset, and alternatives, catering to both institutional and retail clients. With a commitment to sustainable investing, Schroders has been at the forefront of integrating environmental, social, and governance (ESG) factors into its investment processes. The company is recognised for its innovative approach and has achieved notable milestones, such as managing over £700 billion in assets. As a trusted partner in the financial industry, Schroders continues to enhance its market position through a focus on performance and client-centric solutions.
How does Schroders'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 Services Auxiliary to Financial Intermediation 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.
Schroders's score of 65 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Schroders reported total carbon emissions of approximately 42,820,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 6,849,000 kg CO2e, primarily from mobile and stationary combustion, and Scope 2 emissions of approximately 42,820,000 kg CO2e, mainly from purchased electricity. The company also disclosed significant Scope 3 emissions, amounting to around 42,820,000 kg CO2e, with the largest contributions from purchased goods and services (about 115,627,000 kg CO2e) and business travel (approximately 13,265,000 kg CO2e). Schroders has set ambitious climate commitments, aiming for a 21% reduction in greenhouse gas emissions at the portfolio level by 2030, with a baseline year of 2021. Additionally, they are targeting net zero carbon emissions across all scopes by 2040. Specific intensity reduction targets include a 20.8% decrease in carbon intensity by 2025 and a 40.1% reduction by 2030 for Scope 1 emissions. The company is also committed to reducing absolute Scope 1 and 2 emissions by 46% by 2030 from a 2019 baseline. Furthermore, Schroders has joined the Net Zero Asset Managers initiative, reinforcing its commitment to achieving net zero emissions by 2050 or sooner. These initiatives reflect Schroders' proactive approach to addressing climate change and reducing its carbon footprint in alignment with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 419,000 | 000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 2,392,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | - | - | 000,000,000 | 000,000,000 | 00,000,000 | 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.
Schroders 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.