Wellington Management
Wellington Management Company, LLP, commonly referred to as Wellington Management, is a prominent investment management firm headquartered in Boston, Massachusetts. Established in 1928, the firm has grown to become a key player in the global asset management industry, with significant operations across North America, Europe, and Asia. Wellington Management specialises in a diverse range of investment strategies, including equity, fixed income, and multi-asset solutions, catering to institutional clients and financial intermediaries. Its unique approach combines deep fundamental research with a commitment to client collaboration, setting it apart in a competitive market. With a strong reputation for delivering consistent investment performance, Wellington Management has achieved notable milestones, including managing over $1 trillion in assets. The firm’s dedication to innovation and sustainability further solidifies its position as a leader in the investment management landscape.
DitchCarbon Score
How does Wellington Management'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
Wellington Management's score of 31 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Wellington Management's reported carbon emissions
In 2022, Wellington Management reported total carbon emissions of approximately 8.3 million tonnes CO2e. This figure includes about 887,000 tonnes CO2e from Scope 1 emissions, 1.1 million tonnes CO2e from Scope 2 emissions (market-based), and around 6.3 million tonnes CO2e from Scope 3 emissions. Over the years, Wellington Management has demonstrated a commitment to reducing its carbon footprint. In 2021, total emissions were about 3.97 million tonnes CO2e, indicating a significant reduction from previous years, where emissions peaked at approximately 16.1 million tonnes CO2e in 2019. This downward trend reflects their ongoing efforts to enhance sustainability practices. Wellington Management has not publicly set specific reduction targets under the Science Based Targets initiative (SBTi) or disclosed detailed reduction initiatives. However, they are actively engaged in climate-related reporting through platforms like CDP, where they have shared their emissions data and sustainability efforts. The company continues to monitor and report on its carbon intensity across various sectors, including utilities, materials, and consumer staples, with weighted average carbon intensities reported in tonnes CO2e per million dollars in sales. This approach underscores their commitment to transparency and accountability in addressing climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,282,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 3,639,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 9,448,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Wellington Management 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.
