Molten Ventures

Molten Ventures's reported carbon emissions

Molten Ventures, a UK-based financial intermediation services company, reported total emissions of approximately 1.04 million kg CO2e for the year ending 2024. This figure includes Scope 1 emissions of about 2,560 kg CO2e, Scope 2 emissions of approximately 7,600 kg CO2e, and significant Scope 3 emissions totalling around 1.03 million kg CO2e. The majority of their Scope 3 emissions in 2024 stemmed from investments (approximately 390,000 kg CO2e) and purchased goods and services (about 435,570 kg CO2e), with business travel also contributing significantly (around 162,330 kg CO2e). In the preceding year, 2023, Molten Ventures's total emissions were approximately 1.34 million kg CO2e. This comprised Scope 1 emissions of about 2,000 kg CO2e, Scope 2 emissions of approximately 8,140 kg CO2e, and Scope 3 emissions of around 1.33 million kg CO2e, with investments and purchased goods and services being the largest contributors. For the year ending 2022, total emissions for Molten Ventures were approximately 2.02 million kg CO2e. This included Scope 1 emissions of about 1,700 kg CO2e, Scope 2 emissions of approximately 6,500 kg CO2e, and Scope 3 emissions of around 2.01 million kg CO2e. Notably, investments accounted for roughly 1.09 million kg CO2e, and purchased goods and services for approximately 753,800 kg CO2e within their Scope 3 accounting. Molten Ventures's climate commitments include a focus on reducing carbon intensity. For instance, in 2022, their carbon intensity ratio per net asset value was reported as approximately 6.1 x 10⁻⁶ kg CO2e per GBP (location-based) and 1 x 10⁻⁷ kg CO2e per GBP (market-based). Their carbon emissions per full-time employee in 2022 were about 103.5 kg CO2e (location-based) and 1.27 kg CO2e (market-based). In 2021, their carbon intensity per net asset value was approximately 2.7 x 10⁻⁵ kg CO2e per GBP (location-based), and per full-time employee, it was around 723.1 kg CO2e (location-based). The company has disclosed scopes 1, 2, and 3 emissions data and has initiatives to reduce its environmental impact across its operations and investment portfolio.