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 55 is higher than 98% 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 85,828,000 kg CO2e from Scope 1 emissions, 78,305,000 kg CO2e from Scope 2 emissions, and a significant 1,828,264,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, with near-term targets set to align with the 1.5°C climate goal, covering 76% of its total investment and lending by asset value as of 2022. Wendel's emissions data shows a trend of increasing total emissions over the years, with 2,398,321,000 kg CO2e in 2021 and 3,788,065,000 kg CO2e in 2022. The company has not yet committed to a net-zero target but has established targets that are consistent with the reductions required to limit global warming to 1.5°C. Wendel's emissions intensity per employee was reported at 65,280 kg CO2e in 2023, reflecting the company's ongoing efforts to monitor and manage its carbon impact. The company continues to focus on enhancing its sustainability practices within the financial sector, aiming to address the climate crisis through strategic investments and operational improvements.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 13,858,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 2 | 6,064,000 | 000,000,000 | 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 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.