Ik Partners

Ik Partners's reported carbon emissions

IK Partners, headquartered in GB and operating within the Services auxiliary to financial intermediation (67) industry, has reported its carbon emissions across various scopes. For 2024, IK Partners reported total emissions of approximately 942,000 kg CO2e. This figure comprises Scope 1 emissions of about 50,000 kg CO2e, Scope 2 emissions of approximately 10,000 kg CO2e, and Scope 3 emissions totalling around 882,000 kg CO2e. The company's TCFD report for 2024 is available, though some Scope 3 data points, such as purchased goods and services, are noted as missing. In 2022, total emissions were approximately 718,600 kg CO2e. Scope 1 emissions were about 50,590 kg CO2e, Scope 2 emissions were approximately 68,860 kg CO2e (location-based), and Scope 3 emissions reached about 628,760 kg CO2e. Key contributors to Scope 3 in 2022 included business travel (approximately 486,320 kg CO2e) and employee commute (around 84,280 kg CO2e). The previous year, 2021, saw total emissions of approximately 533,580 kg CO2e. This included Scope 1 emissions of roughly 44,410 kg CO2e, Scope 2 emissions of approximately 73,420 kg CO2e (location-based), and Scope 3 emissions totalling around 439,170 kg CO2e. Business travel was a significant component of Scope 3 emissions, at approximately 309,490 kg CO2e. IK Partners' climate commitments include setting near-term targets. They aim for 90% of emissions to be subject to direct or collective engagement and stewardship actions by 2030. Furthermore, they have a target to invest 50% of Assets Under Management (AUM) in climate solutions by 2025. The company also reported achieving a significant reduction in Scope 1 and Scope 2 greenhouse gas emissions. Between 2019 and 2024, they verified a total reduction of approximately 42% in combined Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions saw a reduction of about 20% from 2020 to 2024 compared to 2019 levels. IK Partners has also engaged with the Science Based Targets initiative (SBTi), with targets that cover 91% of their total investment and lending activities by invested capital as of December 2021. Their targets for greenhouse gas emissions from company operations (scopes 1 and 2) are considered consistent with reductions required to keep warming to 1.5°C. Their near-term targets for SBTi are set for 2030 and 2026, with a longer-term target for 2040. These targets are aligned with a 1.5°C pathway.