Baillie Gifford

Baillie Gifford's reported carbon emissions

Baillie Gifford, a financial intermediation services firm headquartered in the UK, reported its carbon emissions for several recent years. In 2024, the company's total emissions were approximately 8.1 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically for 2024, Scope 1 emissions totalled about 1.2 billion kg CO2e, Scope 2 emissions were approximately 409 million kg CO2e, and Scope 3 emissions accounted for roughly 6.4 billion kg CO2e. In 2023, Baillie Gifford's total emissions stood at approximately 7.8 billion kg CO2e. This included Scope 1 emissions of about 1.1 billion kg CO2e, Scope 2 emissions of approximately 324 million kg CO2e, and Scope 3 emissions totalling around 6.4 billion kg CO2e. For the year 2022, the total reported emissions were approximately 6.4 billion kg CO2e. Of this, Scope 1 emissions were around 1.2 billion kg CO2e, Scope 2 emissions were approximately 355 million kg CO2e, and Scope 3 emissions amounted to roughly 4.8 billion kg CO2e. In 2021, Baillie Gifford disclosed Scope 3 emissions related to employee commute, which were 55 billion kg CO2e. Data for Scope 1 and Scope 2 emissions for 2021 is not available. Baillie Gifford is committed to sustainability and has disclosed that a key metric for them is the GHG intensity of investee companies, reporting a figure of 0.335 tonnes CO2e per €1 million of revenue for Scope 1, 2, and material Scope 3 emissions. This metric is sourced from their PAI Entity Level Sustainability-Related Disclosure. The company's climate commitments do not currently include specific reduction targets from the Science Based Targets initiative (SBTi) or the Climate Pledge.