Corestate Capital

Corestate Capital, headquartered in Luxembourg, which operates within financial intermediation services (excluding insurance and pension funding), reported total greenhouse gas emissions of approximately 181,360 kg CO2e for the year 2021. This total includes Scope 2 emissions amounting to approximately 153,910 kg CO2e and Scope 3 emissions of approximately 27,450 kg CO2e. For the preceding year, 2020, Corestate Capital’s total emissions were approximately 172,040 kg CO2e, comprising approximately 153,910 kg CO2e of Scope 2 emissions and approximately 18,130 kg CO2e of Scope 3 emissions.

The company's latest ESG report highlights electricity emissions intensity, with a reported gross value of 0.401 kg CO2e per kWh. Corestate Capital's disclosures for these years indicate that Scope 1 data was not reported, while Scope 2 and Scope 3 data were provided. The company has noted missing data points for Scope 3, specifically concerning purchased goods and services.

Corestate Capital has not publicly disclosed any specific reduction targets, such as those from the Science Based Targets initiative (SBTi), or commitments to initiatives like the Climate Pledge. The provided data does not indicate any cascaded emissions or targets from a parent or related organisation.