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 23 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, VanEck reported a carbon intensity of approximately 0.025 tonnes CO2e per million USD in sales, reflecting their commitment to sustainability. The previous year, 2021, indicated a carbon emissions factor of about 60,000 tonnes CO2e per million USD invested. However, specific absolute emissions data for Scope 1, 2, or 3 were not disclosed. Currently, VanEck has not established any formal reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of specified reduction commitments highlights an opportunity for the firm to enhance its climate strategy and align with industry standards for emissions reduction. Overall, while VanEck demonstrates a focus on carbon intensity metrics, further transparency and commitment to emissions reduction could strengthen its climate commitments in the financial sector.
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 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.