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 90% 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, with emissions distributed across various scopes: 85,828,000 kg CO2e from Scope 1, 78,305,000 kg CO2e from Scope 2, and a significant 1,828,264,000 kg CO2e from Scope 3. This reflects a notable increase from previous years, where total emissions were about 3,788,065,000 kg CO2e in 2022, 2,398,321,000 kg CO2e in 2021, and 1,581,988,000 kg CO2e in 2020. Wendel has committed to near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C. Their portfolio targets cover approximately 76% of total investment and lending by asset value as of 2022. However, Wendel has not yet committed to a net-zero target. The company’s emissions intensity has varied, with Scope 1 and 2 emissions intensity reported at 87.1 kg CO2e per unit of revenue in 2021, indicating a focus on improving operational efficiency. Wendel's ongoing climate commitments reflect a proactive approach to managing and reducing their carbon footprint within the financial sector, based in France.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 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.