Wellington Management Company, LLP, headquartered in the United States, is a prominent player in the global investment management industry. Founded in 1928, the firm has established a strong presence across major operational regions, including North America, Europe, and Asia. Wellington Management is renowned for its diverse range of investment strategies, including equity, fixed income, and multi-asset solutions, tailored to meet the unique needs of institutional clients and financial intermediaries. With a commitment to research-driven investment processes, Wellington Management distinguishes itself through its collaborative approach and deep sector expertise. The firm has consistently achieved notable milestones, including significant assets under management and a reputation for delivering long-term value. As a trusted partner in the investment community, Wellington Management continues to uphold its legacy of excellence and innovation in asset management.
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.
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.
Wellington Management's score of 30 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Wellington Management reported total carbon emissions of approximately 8,271,000 kg CO2e. This figure includes 887,000 kg CO2e from Scope 1 emissions, 1,128,000 kg CO2e from Scope 2 emissions (market-based), and 6,256,000 kg CO2e from Scope 3 emissions. The company's emissions have fluctuated over the years, with a notable decrease from 16,055,000 kg CO2e in 2019 to 4,848,000 kg CO2e in 2020, reflecting a significant reduction in their overall carbon footprint. Wellington Management has disclosed emissions across all three scopes, demonstrating transparency in their climate impact. However, there are currently no specific reduction targets or initiatives outlined in their sustainability reports. The absence of formal commitments, such as Science-Based Targets Initiative (SBTi) targets, suggests that while the company is aware of its emissions, it has not yet established formalised goals for future reductions. Overall, Wellington Management's emissions data indicates a commitment to monitoring and reporting its carbon footprint, but further action may be necessary to align with industry standards for climate commitments.
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 |
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 not committed to any 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.