- Challenging market conditions due to inflation, interest rate uncertainty, and geopolitical events.
- Muted performance of trend-following absolute return strategies.
- Integration risks from Varagon and Asteria acquisitions.
- Evolving ESG regulatory landscape.
Man Group plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Man Group plc disclosed greenhouse gas emissions of 6.6K tCO2e/year (market-based). By scope: Scope 1: 447 tCO2e/year; Scope 2: 2 tCO2e/year (market-based); Scope 3: 5.8K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
6.6K tCO2e/year (market-based)
2023
Energy Use
14.2M kWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 447 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2 tCO2e/year (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 5.8K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Met all 2023 carbon emission reduction targets (Scope 1, 2, and 3 upstream leased assets and business travel).
- Significant reduction in weighted average carbon intensity (WACI) for AUM subject to Net Zero Asset Managers initiative (NZAMI) interim targets compared to 2019 baseline.
- ESG-integrated AUM increased to $59.3 billion (19% increase from 2022).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 natural gas and fuel emissions by 30%
- Reduce global energy usage by 10% per year
- Reduce Scope 2 & 3 (upstream) leased assets market-based emissions by 50%
📅 Medium-term
- Achieve net zero carbon emissions across operations by 2030.
🔭 Long-term
- Achieve net zero emissions within investment portfolios by 2050 (NZAMI commitment).
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity & InclusionResponsible Investment