Union Investment
Union Investment, officially known as Union Investment Privatfonds GmbH, is a prominent asset management company headquartered in Frankfurt, Germany. Established in 1956, it has grown to become a key player in the financial services industry, primarily focusing on investment funds and real estate. With a strong presence in Europe and significant operations in Asia and North America, Union Investment offers a diverse range of products, including equity, fixed income, and multi-asset funds. The firm is renowned for its commitment to sustainable investment strategies, setting it apart in a competitive market. Union Investment manages assets worth over €400 billion, positioning itself as a trusted partner for institutional and private investors alike. Its dedication to innovation and client-centric solutions has earned it numerous accolades, solidifying its reputation as a leader in the asset management sector.
DitchCarbon Score
How does Union Investment'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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
Union Investment's score of 36 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Union Investment's reported carbon emissions
In 2023, Union Investment reported total carbon emissions of approximately 10,072,000 kg CO2e, with significant contributions from Scope 2 emissions (purchased heat) and Scope 3 emissions (business travel). The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. Looking at previous years, emissions peaked in 2017 at about 434,918,000 kg CO2e for Scope 3, while Scope 1 emissions reached approximately 33,246,000 kg CO2e. In 2022, total emissions were around 10,271,000 kg CO2e, indicating a potential downward trend in recent years. Union Investment's emissions data reflects a comprehensive approach to tracking and managing carbon emissions across all scopes, although further details on specific reduction strategies or commitments to industry standards are not available. The company continues to monitor its environmental impact as part of its broader climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2009 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - |
| Scope 2 | 6,223,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
| Scope 3 | 3,625,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Union Investment is not committed to any reduction initiatives 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.
