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 99% 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, comprising 85,828,000 kg CO2e from Scope 1, 78,305,000 kg CO2e from Scope 2, and 1,828,264,000 kg CO2e from Scope 3 emissions. This marked a significant increase from 2022, where total emissions were about 3,788,065,000 kg CO2e. Wendel has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for a 1.5°C pathway by 2030. These targets cover 76% of its total investment and lending by asset value, indicating a commitment to reducing greenhouse gas emissions from its operations (Scopes 1 and 2). However, Wendel has not committed to a net-zero target as of now. The company has demonstrated a proactive approach to climate commitments, focusing on reducing emissions intensity and enhancing sustainability across its portfolio. Wendel's emissions intensity per employee was reported at 65,280 kg CO2e in 2023, reflecting ongoing efforts to improve operational efficiency and reduce carbon footprints.
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.