Waddell & Reed, Inc. Sustainability Profile
Waddell & Reed, Inc., a prominent player in the financial services industry, is headquartered in the United States. Founded in 1937, the company has established a strong presence in investment management and financial planning, serving clients across various regions, including the Midwest and Southeast. Waddell & Reed is renowned for its comprehensive suite of services, including mutual funds, investment advisory, and retirement planning solutions. Their commitment to personalised financial strategies sets them apart in a competitive market. Over the decades, the firm has achieved significant milestones, including the launch of innovative investment products that cater to diverse client needs. With a legacy of over 85 years, Waddell & Reed has garnered a reputation for reliability and expertise, positioning itself as a trusted partner for individuals and institutions seeking to navigate the complexities of wealth management.
DitchCarbon Score
How does Waddell & Reed, 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, 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.
Let us know if this data was useful to you
Waddell & Reed, Inc., headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is a current subsidiary of LPL Financial Holdings Inc., which may influence its climate commitments and emissions reporting. As part of its corporate family relationship, Waddell & Reed's climate initiatives and performance may be aligned with those of LPL Financial Holdings Inc., which operates at a cascade level of three. However, no specific reduction targets or achievements have been documented for Waddell & Reed, nor are there any commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) that are directly attributed to them. In the absence of direct emissions data and reduction targets, Waddell & Reed's climate strategy remains unclear. The company may benefit from leveraging the sustainability practices and commitments of its parent organisation to enhance its own climate action efforts in the future.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 | 0,000,000 |
| Scope 3 | 3,519,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Waddell & Reed, Inc.'s Industry?
How Carbon Intensive is Waddell & Reed, Inc.'s Location?
Waddell & Reed, Inc.'s Scope 3 Categories Breakdown
Waddell & Reed, Inc.'s Scope 3 emissions, which increased by 196% last year and increased by approximately 60% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 53% of total emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 118% of Scope 3 emissions.
Top Scope 3 Categories
Waddell & Reed, 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, 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.
