Rit Capital Partners plc, commonly referred to as Rit Capital, is a prominent investment trust headquartered in Great Britain. Established in 1988, the firm has built a strong reputation in the investment management industry, focusing on a diverse range of asset classes including equities, fixed income, and alternative investments. With a commitment to delivering long-term capital growth, Rit Capital Partners employs a unique investment strategy that combines traditional and innovative approaches. The firm is known for its disciplined risk management and a strong emphasis on preserving capital, which sets it apart in a competitive market. Over the years, Rit Capital has achieved notable milestones, positioning itself as a leader in the investment trust sector. Its strategic focus on global opportunities and a robust portfolio management framework has garnered recognition among investors seeking sustainable returns.
How does Rit Capital Partners'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.
Rit Capital Partners's score of 29 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Rit Capital Partners reported total carbon emissions of approximately 94,000 kg CO2e, comprising 27,000 kg CO2e from Scope 1 emissions and 67,000 kg CO2e from Scope 2 emissions. This marks a slight increase from 2022, when the company recorded about 85,000 kg CO2e, with 26,000 kg CO2e from Scope 1 and 59,000 kg CO2e from Scope 2. The company has consistently disclosed its emissions data for Scope 1 and Scope 2 over the past few years, with total emissions in 2021 reaching about 75,000 kg CO2e and in 2020 at approximately 66,000 kg CO2e. Notably, there is no reported data for Scope 3 emissions, indicating a potential area for future focus. Rit Capital Partners has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that the company may need to enhance its climate strategy to align with industry standards and expectations. Overall, while Rit Capital Partners has made strides in emissions reporting, the lack of reduction commitments highlights an opportunity for improvement in its climate action framework.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 15,000 | 00,000 | 00,000 | 00,000 |
Scope 2 | 51,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | - | - | - | - |
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.
Rit Capital Partners 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.