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Financial Intermediation
US
updated 3 days ago

Waddell & Reed Financial Services, Inc.

Company website

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.

42

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.

30

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.

63%

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Waddell & Reed Financial Services, Inc.'s reported carbon emissions

Inherited from LPL Financial Holdings Inc.

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.

Unlock detailed emissions data

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

20192020202120222023
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
0,000,000
Scope 3
3,519,000
000,000
000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Waddell & Reed Financial Services, Inc.'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 Waddell & Reed Financial Services, Inc. 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.

Waddell & Reed Financial Services, Inc. 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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