St Jamess Place

St. James's Place Carbon Emissions and Climate Commitments

In 2025, St. James's Place reported a total of approximately 11.99 billion kg CO2e. This figure includes Scope 1 emissions totalling approximately 330,000 kg CO2e, Scope 2 emissions at approximately 731,000 kg CO2e (market-based), and Scope 3 emissions at approximately 11.99 billion kg CO2e. The dominant contributor within Scope 3 was investments, accounting for approximately 11.86 billion kg CO2e.

For the 2024 reporting year, total emissions were approximately 10.55 billion kg CO2e. Scope 1 emissions were around 597,000 kg CO2e, Scope 2 (market-based) were approximately 852,000 kg CO2e, and Scope 3 emissions were approximately 10.55 billion kg CO2e, with investments being the largest component at approximately 10.39 billion kg CO2e.

In 2023, St. James's Place reported total emissions of approximately 15.45 billion kg CO2e. This comprised Scope 1 emissions of about 573,000 kg CO2e, Scope 2 (market-based) of approximately 689,000 kg CO2e, and Scope 3 emissions of approximately 15.45 billion kg CO2e. Investments were again the primary driver of Scope 3 emissions, totalling approximately 15.30 billion kg CO2e.

Climate Commitments and Reduction Targets:

St. James's Place has established several key climate commitments:

• Net Zero in Operations: A target to achieve net zero in its operations by 2025.
• Net Zero in Supply Chain: A commitment to reach net zero in its supply chain by 2035.
• Net Zero in Investments: An ambition to achieve net zero in its investments by 2050.

Additionally, St. James's Place is a signatory to the Business Ambition for 1.5°C. The organisation has a net zero commitment for financial institutions, with a deadline for target submission of 24 months from the launch of the Financial Institutions Net-Zero Standard. Their SBTi reduction targets status shows them as committed to net zero across all scopes by 2050.