Candriam, officially known as Candriam Investors Group, is a prominent asset management firm headquartered in the United States. Established in 2000, the company has made significant strides in the investment landscape, focusing on sustainable and responsible investment strategies across major operational regions, including Europe and Asia. Specialising in a diverse range of investment solutions, Candriam offers equity, fixed income, and multi-asset strategies, distinguished by their commitment to integrating environmental, social, and governance (ESG) factors into their investment processes. This unique approach has positioned Candriam as a leader in sustainable finance, earning recognition for its innovative products and strong performance. With a robust market presence, Candriam continues to achieve notable milestones, reflecting its dedication to delivering value to clients while promoting responsible investing practices.
How does Candriam'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 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.
Candriam's score of 30 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Candriam reported significant carbon emissions, with approximately 536,000 kg CO2e attributed to Scope 3 emissions from business travel. This follows a total emission of about 15,142,000 kg CO2e in 2022, which included 1,168,350 kg CO2e from Scope 1 and 815,540 kg CO2e from Scope 2 emissions, resulting in a combined total of about 5,793,170 kg CO2e for Scope 1 and 2. Candriam has set ambitious climate commitments, aiming for carbon neutrality by 2050 at the latest, specifically targeting Scope 3 emissions. Additionally, they have established a near-term goal to reduce Scope 1 and 2 emissions by 70% or more by FY 2030, using FY 2019 as the baseline year. These initiatives reflect Candriam's commitment to addressing climate change and reducing their overall carbon footprint. The emissions data is not cascaded from any parent organization, indicating that these figures are independently reported by Candriam, a subsidiary of Société En Commandite Par Actions.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | 0,000,000 | - |
Scope 2 | - | - | - | - | 000,000 | - |
Scope 3 | 1,080,000 | 0,000,000 | 000,000 | 000,000 | - | 000,000 |
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.
Candriam is not participating in any of the initiatives that 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.