Vanguard
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Vanguard's score of 46 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Vanguard's reported carbon emissions
In 2023, Vanguard reported total carbon emissions of approximately 85,429,000 kg CO2e. This figure includes Scope 1 emissions of about 2,699,000 kg CO2e, Scope 2 emissions of approximately 30,047,000 kg CO2e, and Scope 3 emissions of around 52,683,000 kg CO2e. Comparatively, in 2022, Vanguard's total emissions were about 83,435,000 kg CO2e, indicating a slight increase in emissions year-on-year. The company has shown a trend of fluctuating emissions over the past few years, with total emissions peaking at approximately 111,822,000 kg CO2e in 2019. Vanguard has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, the company is actively engaged in climate commitments, aligning with industry standards for sustainability and carbon management. As of now, there are no documented reduction targets or climate pledges available in their reports. Overall, Vanguard's emissions data reflects the complexities of managing carbon outputs across various scopes, with a significant portion of emissions stemming from Scope 3 activities.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,187,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 46,510,000 | 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 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 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.
