Vanguard Group, commonly referred to as Vanguard, is a leading investment management company headquartered in the United States. Founded in 1975, Vanguard has established itself as a pioneer in the mutual fund industry, particularly known for its low-cost index funds and exchange-traded funds (ETFs). With a strong presence in North America, Europe, and Asia, Vanguard serves millions of investors globally, focusing on long-term investment strategies. Vanguard's core offerings include a diverse range of mutual funds, ETFs, and retirement solutions, all designed to help investors achieve their financial goals. The company's unique structure, which is owned by its funds and, in turn, by the investors, allows it to prioritise client interests over profit. Recognised for its commitment to low fees and investor education, Vanguard consistently ranks among the largest asset management firms worldwide, solidifying its position as a trusted leader in the investment industry.
How does Vanguard'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.
Vanguard's score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Vanguard reported total carbon emissions of approximately 93,801,000 kg CO2e, comprising 4,001,000 kg CO2e from Scope 1, 33,110,000 kg CO2e from Scope 2, and 58,343,000 kg CO2e from Scope 3 emissions. This marks an increase from 2023, where total emissions were about 85,429,000 kg CO2e, with Scope 1 at 2,699,000 kg CO2e, Scope 2 at 30,047,000 kg CO2e, and Scope 3 at 52,683,000 kg CO2e. Vanguard has set ambitious reduction targets, aiming to decrease Scope 1, 2, and select Scope 3 greenhouse gas emissions by at least 20% compared to 2019 levels by 2025. This commitment reflects their proactive approach to addressing climate change and aligns with industry standards for corporate sustainability. The emissions data is sourced from The Vanguard Group, Inc., and is not cascaded from any parent organisation. Vanguard's ongoing efforts to monitor and reduce their carbon footprint demonstrate their commitment to environmental responsibility and sustainability in the financial services sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,187,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 45,610,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 62,125,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Vanguard 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.
