University of Toronto Asset Management (UTAM), headquartered in Toronto, Canada, is a leading investment management firm dedicated to serving the University of Toronto and its affiliated entities. Established in 2000, UTAM has built a strong reputation in the asset management industry, focusing on the management of endowment funds, pension plans, and other investment portfolios. With a commitment to sustainable investing and innovative strategies, UTAM offers a diverse range of services, including equity, fixed income, and alternative investments. The firm is recognised for its disciplined approach and robust risk management practices, positioning it as a trusted partner in the financial landscape. Notable achievements include consistently outperforming benchmarks and contributing significantly to the university's financial health, ensuring long-term support for academic excellence and research initiatives.
How does University Of Toronto Asset Management'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 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.
University Of Toronto Asset Management's score of 12 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the University of Toronto Asset Management (UTAM) reported total carbon emissions of approximately 95,398,000 kg CO2e. This figure includes 1,362,100 kg CO2e from Scope 2 emissions and 95,000,000 kg CO2e from Scope 3 emissions, which encompass various categories such as purchased goods and services (45,000,000 kg CO2e) and employee commute (3,000,000 kg CO2e). Notably, there were no reported Scope 1 emissions for the year. UTAM's emissions have seen fluctuations over the years, with a significant reduction from 418,059,300 kg CO2e in 2017 to 143,188,200 kg CO2e in 2020, and further down to 132,991,100 kg CO2e in 2021. However, the data for 2022 is not available, indicating a potential gap in reporting. Despite these reductions, there are currently no specific reduction targets or climate pledges documented by UTAM. The absence of formal commitments suggests that while emissions have decreased, a structured approach to future reductions may be necessary to align with industry standards and climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project1990 | 2017 | 2018 | 2019 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | - |
Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | 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.
University Of Toronto Asset Management 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.