M&G plc, commonly referred to as M&G, is a prominent investment management firm headquartered in Great Britain. Established in 1931, M&G has evolved into a key player in the financial services industry, with a strong presence across Europe and Asia. The company offers a diverse range of investment solutions, including asset management, savings, and retirement products, distinguished by their commitment to responsible investing and sustainable practices. With a rich history marked by significant milestones, M&G has consistently positioned itself as a leader in the market, managing billions in assets for both institutional and retail clients. Its innovative approach to investment strategies and focus on long-term value creation have earned M&G a reputation for excellence in the competitive landscape of asset management.
How does Mandg's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Mandg's score of 49 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, M&G plc reported total carbon emissions of approximately 8,479,000 kg CO2e globally, with emissions distributed across various scopes: 543,000 kg CO2e (Scope 1), 2,944,000 kg CO2e (Scope 2), and 8,479,000 kg CO2e (Scope 3). Notably, business travel accounted for about 8,310,000 kg CO2e of the Scope 3 emissions. In the UK, M&G's emissions were approximately 1,407,000 kg CO2e (Scope 2, location-based) and 307,000 kg CO2e (Scope 1). In 2023, the company reported total emissions of about 7,261,000 kg CO2e globally, with Scope 1 emissions at 595,000 kg CO2e and Scope 2 emissions at 3,023,000 kg CO2e. The UK figures for that year included 1,592,000 kg CO2e (Scope 2, location-based) and 446,000 kg CO2e (Scope 1). M&G has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data is not cascaded from a parent organization, indicating that these figures are independently reported. Overall, M&G plc is actively monitoring its carbon footprint across all scopes, with a focus on understanding and managing its emissions, particularly in business travel, while continuing to assess its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 2,187,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 5,948,000 | 0,000,000 | 000,000 | 00,000 | 0,000,000 | 0,000,000 |
Scope 3 | 9,922,000 | - | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mandg is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.