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 33 is higher 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 5,610,000 kg CO2e, comprising 510,000 kg CO2e from Scope 1, 1,250,000 kg CO2e from Scope 2, and 3,600,000 kg CO2e from Scope 3 emissions. This data reflects a slight increase in emissions compared to 2022, where total emissions were about 5,450,000 kg CO2e, with Scope 1 at 495,000 kg CO2e, Scope 2 at 1,200,000 kg CO2e, and Scope 3 at 3,500,000 kg CO2e. UTAM has committed to achieving net zero carbon emissions associated with its Endowment portfolio by 2050, with this target applying to both Scope 1 and Scope 2 emissions. This long-term commitment, initiated in 2023, underscores UTAM's dedication to sustainability and responsible investing. The emissions data is not cascaded from any parent organization, indicating that UTAM independently reports its carbon footprint and climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
1990 | 2018 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | 000,000 | 000,000 |
Scope 2 | - | - | 0,000,000 | 0,000,000 |
Scope 3 | - | - | 0,000,000 | 0,000,000 |
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 participating in any 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.