Waddell & Reed Financial Services, Inc. Sustainability Profile
Waddell & Reed Financial Services, Inc., a prominent player in the financial services industry, is headquartered in the United States. Founded in 1937, the firm has established a strong presence in key operational regions across the country, offering a diverse range of investment management and financial planning services. Specialising in mutual funds, wealth management, and retirement planning, Waddell & Reed distinguishes itself through a client-centric approach and a commitment to personalised financial solutions. Over the decades, the company has achieved significant milestones, including a robust market position and recognition for its innovative investment strategies. With a legacy spanning over 85 years, Waddell & Reed continues to adapt to the evolving financial landscape, making it a trusted partner for individuals seeking comprehensive financial guidance.
DitchCarbon Score
How does Waddell & Reed Financial Services, Inc.'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
Waddell & Reed Financial Services, Inc.'s score of 42 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Waddell & Reed Financial Services, Inc., headquartered in the US, currently does not have specific carbon emissions data available for recent years. The company is a current subsidiary of LPL Financial Holdings Inc., which means that any emissions data or climate commitments may be inherited from this parent organisation. As of now, Waddell & Reed has not established any documented reduction targets or climate pledges. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing its climate strategy. For context, LPL Financial Holdings Inc., as the source of cascaded data, may have its own climate commitments and emissions performance, which could influence Waddell & Reed's future initiatives. However, without specific figures or targets from LPL Financial, it is challenging to provide a detailed overview of Waddell & Reed's carbon footprint or climate commitments. In summary, Waddell & Reed Financial Services, Inc. currently lacks publicly available emissions data and defined climate commitments, reflecting a potential area for future development in sustainability practices.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 1,461,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 3,087,000 | 0,000,000 | 0,000,000 | - | 0,000,000 |
| Scope 3 | 3,519,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Waddell & Reed Financial Services, Inc.'s Industry?
How Carbon Intensive is Waddell & Reed Financial Services, Inc.'s Location?
Waddell & Reed Financial Services, Inc.'s Scope 3 Categories Breakdown
Waddell & Reed Financial Services, Inc.'s Scope 3 emissions, which increased by 245% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 15% of Scope 3 emissions.
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Waddell & Reed Financial Services, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Waddell & Reed Financial Services, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
