Adm Capital Foundation

ADM Capital Foundation, headquartered in HK and operating within Financial Intermediation Services (except insurance and pension funding), has disclosed its carbon emissions across various scopes.

In 2023, the foundation reported Scope 2 emissions of approximately 22,000 kg CO2e and Scope 3 emissions of about 118,000 kg CO2e. This brings the total disclosed emissions for 2023 to approximately 140,000 kg CO2e.

For 2022, ADM Capital Foundation's emissions included Scope 1 at 0 kg CO2e, Scope 2 at approximately 35,000 kg CO2e, and Scope 3 at about 62,000 kg CO2e, with a total of approximately 97,000 kg CO2e.

In 2021, Scope 2 emissions were recorded at approximately 28,624 kg CO2e. Data for 2020 shows Scope 2 emissions of approximately 28,961 kg CO2e. In 2019, the foundation reported Scope 2 emissions of about 35,000 kg CO2e and Scope 3 emissions of approximately 309,000 kg CO2e, resulting in total disclosed emissions of around 344,000 kg CO2e.

ADM Capital Foundation has stated that it expects a pathway for net-zero methodologies, particularly concerning developing market private credit strategies and data availability, to become clearer in 2022. The foundation has long-term net-zero targets for Scope 1 and Scope 2 emissions, with an end year of 2050. However, specific reduction percentages and current progress towards these targets are not detailed in the provided information. The organisation’s sustainability reporting indicates that it does not cascade emissions data from a parent organisation.