Andera Partners

Andera Partners, a financial intermediation services company headquartered in France, reported its total greenhouse gas emissions for 2024 as approximately 300,643,000 kg CO2e. This includes Scope 1 emissions of around 21,639,000 kg CO2e, Scope 2 emissions of approximately 8,552,000 kg CO2e, and Scope 3 emissions of about 270,453,000 kg CO2e.

In 2023, the company's total emissions were approximately 810,000 kg CO2e, comprising Scope 1 emissions of about 36,000 kg CO2e, Scope 2 emissions of around 13,000 kg CO2e, and Scope 3 emissions of approximately 761,000 kg CO2e. For 2022, total emissions were roughly 233,000 kg CO2e, with Scope 1 at about 29,000 kg CO2e, Scope 2 at approximately 12,000 kg CO2e, and Scope 3 at around 192,000 kg CO2e. In 2021, total emissions were about 236,000 kg CO2e, consisting of Scope 1 emissions of approximately 38,000 kg CO2e, Scope 2 emissions of about 10,000 kg CO2e, and Scope 3 emissions of roughly 188,000 kg CO2e.

Andera Partners has set a near-term absolute reduction target for its Scope 1 and Scope 2 emissions, aiming for a 50% reduction in CO2e emissions by 2030 compared to a 2019 baseline. The company also has Science Based Targets initiative (SBTi) approved targets, classified as consistent with a 1.5°C warming scenario for its Scope 1 and 2 emissions from company operations, with a near-term target year of 2028. Additionally, Andera Partners' portfolio targets, covering 40% of its total investment and lending activities by invested capital as of 2022, are also validated by SBTi.