Western Asset Management Company Limited, commonly referred to as Western Asset, is a prominent investment management firm headquartered in the United States. Established in 1971, the company has built a strong reputation in the fixed income sector, serving a diverse clientele that includes institutional investors and high-net-worth individuals. With a global presence, Western Asset operates in key financial markets across North America, Europe, and Asia, offering a comprehensive range of investment strategies. The firm is renowned for its expertise in fixed income securities, including government bonds, corporate debt, and mortgage-backed securities, distinguished by its rigorous research and risk management processes. As a leader in the investment management industry, Western Asset has achieved notable milestones, including consistent performance across various market cycles and recognition for its innovative investment solutions. Its commitment to delivering value and maintaining a client-centric approach solidifies its position as a trusted partner in the financial landscape.
How does Western Asset Management Company Limited'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.
Western Asset Management Company Limited's score of 0 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Western Asset Management Company Limited reported a weighted average carbon intensity of approximately 0.000129 tonnes CO2e per million USD in revenue for Scope 1 and 2 emissions from investee companies. This figure reflects their ongoing commitment to monitoring and managing carbon emissions within their investment portfolio. Over the previous years, the company has shown fluctuations in carbon intensity, with values of about 0.0340 tonnes CO2e per million USD in 2020, 0.0304 tonnes CO2e in 2021, and 0.0381 tonnes CO2e in 2022. These metrics indicate a focus on understanding and addressing the carbon footprint associated with their investments. Despite the absence of specific reduction targets or significant climate pledges, Western Asset Management is actively engaged in assessing the carbon intensity of its investee companies, which is a crucial step in aligning with industry standards for climate accountability. The company continues to evaluate its emissions and explore opportunities for improvement in its climate commitments.
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.
Western Asset Management Company Limited is not committed to any 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.