Public Profile

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.

50

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.

26

Industry Benchmark

Vanguard's score of 50 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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Vanguard's reported carbon emissions

In 2023, Vanguard reported total carbon emissions of approximately 85,429,000 kg CO2e, comprising 2,699,000 kg CO2e from Scope 1, 30,047,000 kg CO2e from Scope 2, and 52,683,000 kg CO2e from Scope 3 emissions. This marked a significant increase from 2022, where total emissions were about 83,435,000 kg CO2e. Vanguard has set ambitious targets to reduce its greenhouse gas emissions by at least 20% across Scope 1, 2, and select Scope 3 emissions, using 2019 as the baseline year. This reduction goal is aimed to be achieved by 2025, reflecting the company's commitment to addressing climate change and enhancing sustainability within its operations. The company has consistently disclosed its emissions data across all three scopes, demonstrating transparency in its environmental impact. In 2021, Vanguard's total emissions were approximately 57,205,000 kg CO2e, indicating a notable reduction in emissions over the years, although recent data suggests fluctuations in total emissions. Vanguard's ongoing efforts to mitigate its carbon footprint align with industry standards and reflect a proactive approach to climate commitments, positioning the firm as a responsible player in the financial sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vanguard's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Vanguard is in US, which has a low grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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