Wendel, officially known as Wendel Group, is a prominent investment firm headquartered in France, with significant operations across Europe and North America. Founded in 1704, Wendel has established itself as a leader in the private equity industry, focusing on long-term investments in high-quality companies. The firm’s core business areas include private equity, infrastructure, and real estate, with a unique approach that emphasises sustainable growth and value creation. Wendel is renowned for its strategic partnerships and a diversified portfolio that spans various sectors, including healthcare, technology, and industrials. With a rich history and notable achievements, Wendel has consistently maintained a strong market position, making it a trusted name in investment management. Its commitment to responsible investing and innovation sets it apart in the competitive landscape.
How does Wendel'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.
Wendel's score of 54 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Wendel reported total carbon emissions of approximately 1,992,397,000 kg CO2e. This figure includes Scope 1 emissions of about 85,828,000 kg CO2e, Scope 2 emissions of approximately 78,305,000 kg CO2e, and significant Scope 3 emissions amounting to around 1,828,264,000 kg CO2e. The company has set near-term targets aligned with a 1.5°C pathway, aiming to cover 76% of its total investment and lending by asset value as of 2022. These targets are designed to ensure that emissions from company operations (Scopes 1 and 2) are consistent with necessary reductions to limit global warming. In comparison, Wendel's total emissions in 2022 were about 3,788,065,000 kg CO2e, indicating a substantial reduction in emissions year-on-year. The company has not committed to a net-zero target but continues to focus on significant emissions reductions through its investment strategies. Wendel's commitment to addressing climate change is evident in its structured approach to emissions management and its alignment with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 13,858,000 | - | 000,000,000 | 00,000,000 |
Scope 2 | 6,064,000 | - | 000,000,000 | 00,000,000 |
Scope 3 | 2,978,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Wendel is participating in some 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.