Veritas Asset Management, often referred to as Veritas, is a distinguished investment management firm headquartered in Great Britain. Founded in 2003, the company has established itself as a key player in the asset management industry, focusing on delivering high-quality investment solutions across various sectors. With a strong presence in Europe and North America, Veritas is renowned for its commitment to fundamental research and long-term value creation. The firm offers a range of core services, including equity and multi-asset strategies, distinguished by their rigorous investment process and a focus on sustainable growth. Veritas has achieved notable recognition for its innovative approach, consistently outperforming benchmarks and earning accolades within the financial community. As a trusted partner for institutional and private investors alike, Veritas Asset Management continues to solidify its market position through a dedication to excellence and client-centric solutions.
How does Veritas Asset Managment'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.
Veritas Asset Managment's score of 32 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Veritas Asset Management reported total carbon emissions of approximately 19,890 kg CO2e. This figure includes 10,740 kg CO2e from Scope 2 emissions, primarily related to energy consumption, and 9,150 kg CO2e from Scope 3 emissions, which encompasses business travel. Notably, there were no reported Scope 1 emissions. Comparatively, in 2021, the total emissions were about 14,340 kg CO2e, with Scope 2 emissions at 10,340 kg CO2e and Scope 3 emissions at 4,040 kg CO2e. This indicates an increase in total emissions year-on-year, primarily driven by a rise in business travel emissions. Veritas Asset Management is committed to achieving net-zero emissions across all scopes by 2050, having made this commitment in November 2021. They are currently in the process of setting specific near-term reduction targets, with a deadline to submit these targets by November 2023. The firm operates within the financial sector, which is increasingly focusing on sustainability and climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 10,340 | 00,000 |
Scope 3 | 7,741,124,740 | 0,000,000,000 |
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.
Veritas Asset Managment is committed to some 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.