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 49 is higher than 69% 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, with Scope 1 emissions at about 887,000 kg CO2e, Scope 2 emissions (market-based) at approximately 1,128,000 kg CO2e, and Scope 3 emissions reaching about 6,256,000 kg CO2e. The total emissions for 2021 were approximately 3,973,000 kg CO2e, indicating a significant increase in emissions over the year. Wellington Management has set ambitious climate commitments, including a target to achieve net-zero emissions across all scopes by 2050, with an interim goal of a 50% reduction in emissions for assets committed to net zero by 2030. Notably, the firm achieved a 37% reduction in its market-based Scope 2 emissions from 2014 to 2022. The emissions data is cascaded from Wellington Management Inc., reflecting its current subsidiary status. The company is actively working with clients on their decarbonisation goals, aligning its strategies with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 1,276,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 2 | 3,823,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 10,728,000 | 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 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.