Schroders
Carbon footprint
Primary Climate Goal
Schroders aims to reduce Scope 1 + 2 by 46% by 2030 from a base year 2019
GHG emissions and Carbon intensity
Schroders reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 5.9 Kt (+0.54/+10% y-o-y). At the sime time, carbon intensity plunged to 1.4 t (-0.2 /-12.5% y-o-y).
Schroders's Scope 3 emissions grew to 237 Kt (
The company is committed to reducing Scope 1 + 2 by 46% by 2030 from a base year 2019, which translates into the estimated reduction of -0.32 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.
Schroders also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Schroder plc’s portfolio targets cover 62% of its total investment and lending activities as of 2019. Full target: https://sciencebasedtargets.org/resources/files/Target-language-and-summary_Schroders.docx-1.pdf