Carmignac

Carmignac's reported carbon emissions

Carmignac, a financial intermediation services company headquartered in France, has reported the following carbon emissions data: For the reporting year 2024, Carmignac recorded total emissions of approximately 6.83 billion kg CO2e. This comprised approximately 552.13 million kg CO2e for Scope 1, approximately 110.20 million kg CO2e for Scope 2, and approximately 6.17 billion kg CO2e for Scope 3. In 2023, the company's total emissions were approximately 6.42 billion kg CO2e. This included Scope 1 emissions of around 762.24 million kg CO2e, Scope 2 emissions of approximately 118.65 million kg CO2e, and Scope 3 emissions of approximately 5.64 billion kg CO2e. For the reporting year 2022, Carmignac's total emissions stood at approximately 174.72 million kg CO2e, with Scope 1 emissions at about 2.77 million kg CO2e, Scope 2 emissions at approximately 5.94 million kg CO2e, and Scope 3 emissions at roughly 166.02 million kg CO2e. Carmignac has established significant climate commitments. The company aims to reduce greenhouse gas emissions by 50% by 2030, 70% by 2040, and achieve net-zero emissions by 2050, using 2018 as the reference year for these targets. Furthermore, a specific fund within Carmignac targets a 30% reduction in carbon intensity (Scope 1 and 2) compared to its reference indicator, the Stoxx 600, between 2021 and 2025.