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The City of London Investment Trust plc, often referred to as City of London, is a prominent player in the financial intermediation services sector, headquartered in Great Britain. Established in 1861, the trust has a rich history of providing investment solutions, primarily focusing on equity investments in UK companies.
With a commitment to delivering long-term capital growth and income, City of London offers a unique blend of investment strategies that cater to both individual and institutional investors. The trust is well-regarded for its disciplined approach to portfolio management and its ability to navigate market fluctuations effectively.
Notable for its strong performance and consistent dividend payments, the City of London Investment Trust has solidified its position as a leading investment vehicle in the UK market, making it a trusted choice for those seeking reliable financial intermediation services.
-4 vs industry average
The City of London Investment Trust plc’s score of 33 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation has below-average carbon intensity
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
The City of London Investment Trust plc, a GB-based financial intermediation services company, reported Scope 3 emissions of approximately 443,515,110 kg CO2e for 2024. This follows Scope 3 emissions of approximately 396,832,250 kg CO2e in 2023 and 312,097,100 kg CO2e in 2022. For these years (2022, 2023, and 2024), the disclosed emissions data specifically includes Scope 3, but notes that data for Scope 3/purchased goods and services is missing. Additionally, for these years, the organisation has not disclosed Scope 1 or Scope 2 data.
In 2021, the company reported total emissions of 120,000 kg CO2e. This included Scope 1 emissions of 0 kg CO2e, Scope 2 emissions of 0 kg CO2e (with purchased electricity accounting for 19,000 kg CO2e), and Scope 3 emissions of 0 kg CO2e (with business travel at 9,000 kg CO2e and fuel and energy related activities at 6,000 kg CO2e). For 2021, the disclosed scopes include Scope 1, Scope 2, and Scope 3, though again, Scope 3/purchased goods and services data was missing.
The City of London Investment Trust plc currently has no publicly available specific carbon reduction targets, nor is it participating in the Science Based Targets initiative (SBTi) or The Climate Pledge. All reported emissions data originates directly from The City of London Investment Trust plc.
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No climate goals have been disclosed for The City of London Investment Trust plc yet.
No scope 3 category breakdown has been disclosed yet.
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