Intermediate Capital Group

Asset Management & Custody Banks / Specialized Finance
ICP.L
GBX 1,056 (3)%
Share price
$ 3.3 bn
Market Cap
$ 4.1 bn
Enterprise Value

Carbon footprint

0.05 Ton
GHG emissions per $ 1 mln investment
0x the weighted average for S&P 500
FY2021
How is this calculated?
-64%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-4.2%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Intermediate Capital Group aims to reduce Scope 1 + 2 by 80% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
Intermediate Capital Group's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Intermediate Capital Group's GHG emissions (market-based) (Kt of CO2e)
Intermediate Capital Group's Carbon intensity (Tons per 1 USDm)

Intermediate Capital Group's carbon footprint

Intermediate Capital Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 0.2 Kt (-0.35 /-64.2% y-o-y). Also positively, carbon intensity plunged to 0.2 t (-0.8 /-80% y-o-y).

Intermediate Capital Group's Scope 3 emissions plunged to 0.04 Kt (-2.6 /-98.4% y-o-y). The decline accelerated compared to the CAGR of -76.9% since 1Q'19.

The company is committed to reducing Scope 1 + 2 by 80% by 2030 from a base year 2019, which translates into the estimated reduction of -0.008267 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Intermediate Capital Group also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. ICG commits that 50% of its relevant Structured and Private Equity and Real Assets direct investments by invested capital will have set science-based targets by 2026 and 100% by 2030 from a 2021 base year. ICG’s portfolio targets cover 22.5% of total investment and lending activities as of June 2021. Full target: https://sciencebasedtargets.org/resources/files/ICG_final.pdf

Company environmental metrics

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