Abrdn
Abrdn, formerly known as Standard Life Aberdeen, is a prominent investment company headquartered in Great Britain. Founded in 1825, Abrdn has evolved into a leading player in the global asset management industry, with significant operations across Europe, North America, and Asia. The firm focuses on a diverse range of business areas, including investment management, financial advice, and retirement solutions. Abrdn is renowned for its innovative approach to investment, offering a suite of core products and services that cater to both institutional and retail clients. Its commitment to sustainable investing and technology-driven solutions sets it apart in a competitive market. With a strong market position, Abrdn has achieved notable milestones, including substantial growth in assets under management and a reputation for delivering long-term value to its clients.
DitchCarbon Score
How does Abrdn'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.
Industry Average
Mean score of companies in the Services Auxiliary to 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.
Industry Benchmark
Abrdn's score of 28 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Abrdn's reported carbon emissions
In 2023, Abrdn reported total carbon emissions of approximately 13,400,000 kg CO2e, comprising 587,000 kg CO2e from Scope 1, 807,000 kg CO2e from Scope 2, and about 12,509,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to monitoring and managing their carbon footprint across all scopes. In 2022, the company's total emissions were around 14,246,000 kg CO2e, with Scope 1 emissions at 776,000 kg CO2e, Scope 2 at 1,305,000 kg CO2e, and Scope 3 at approximately 11,398,000 kg CO2e. The data indicates a slight reduction in total emissions from 2022 to 2023. Looking back to 2021, Abrdn's emissions totalled about 12,295,000 kg CO2e, with Scope 1 at 1,061,000 kg CO2e, Scope 2 at 490,000 kg CO2e, and Scope 3 at 8,691,000 kg CO2e. This shows a trend of decreasing emissions over the years. Despite these figures, Abrdn has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests a need for further commitment to climate action within the industry context. Overall, Abrdn's emissions data highlights their ongoing efforts to track and manage carbon emissions, although the lack of formal reduction targets indicates
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,667,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 4,376,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 22,107,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Abrdn 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.
