VanEck, officially known as VanEck Associates Corporation, is a prominent investment management firm headquartered in the United States. Founded in 1955, the company has established itself as a leader in the asset management industry, with a strong focus on exchange-traded funds (ETFs), mutual funds, and institutional investment solutions. With a significant presence in major operational regions including North America, Europe, and Asia, VanEck is renowned for its innovative approach to investment strategies, particularly in sectors such as emerging markets, commodities, and fixed income. The firm’s unique offerings, including thematic ETFs and active management strategies, set it apart in a competitive landscape. VanEck's commitment to transparency and investor education has earned it a notable market position, making it a trusted choice for both individual and institutional investors seeking diversified investment opportunities.
How does VanEck'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 Business Services 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.
VanEck's score of 0 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, VanEck reported a weighted average carbon intensity of approximately 0.094 tonnes CO2e per million dollars in sales. This figure reflects the company's ongoing commitment to monitoring and managing its carbon emissions. The previous year, 2022, saw a lower carbon intensity of about 0.025 tonnes CO2e per million dollars in sales, indicating a significant increase in emissions intensity. Looking ahead to 2024, VanEck aims to further reduce its carbon intensity to approximately 0.008 tonnes CO2e per million dollars in sales, showcasing a proactive approach to minimising its environmental impact. However, specific reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi), have not been disclosed. Overall, while VanEck has not provided detailed emissions data across Scopes 1, 2, or 3, its focus on carbon intensity metrics suggests a commitment to sustainability and climate responsibility within its operations.
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.
VanEck 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.