Tikehau Capital

Tikehau Capital's reported carbon emissions

Tikehau Capital, a financial intermediation services company headquartered in France, has outlined significant climate commitments and emissions data for its operations. For the reporting year 2024, Tikehau Capital reported a total of approximately 134.6 million kg CO2e in emissions. This total comprises approximately 35.0 million kg CO2e in Scope 1 emissions and about 6.7 million kg CO2e in Scope 2 emissions. Scope 3 emissions for 2024 are reported at approximately 92.9 million kg CO2e, with a substantial portion attributed to investments. In 2023, the company's reported emissions were approximately 194,000 kg CO2e for Scope 1, with Scope 2 emissions at 0 kg CO2e (market-based) and 225,000 kg CO2e (location-based). Scope 3 emissions for this year were not fully disclosed. Tikehau Capital has established several key climate targets. In March 2021, the Group joined the Net Zero Asset Managers initiative, committing to developing decarbonisation trajectories aligned with the Paris Agreement's goal of limiting global warming to 1.5°C, with intermediate targets set for by 2030. Furthermore, Tikehau Capital has adopted an SBTi-aligned absolute contraction approach for its operations. This includes a target to reduce the Group's absolute Scope 1 and Scope 2 (market-based) emissions by 37.8% by 2029, using a 2022 baseline. This target equates to a reduction of approximately 209 tonnes of CO2e, aiming for a total emissions level of about 343 tonnes of CO2e by 2029. This initiative has demonstrated positive progress, being on track for both two-year and five-year assessments.