Challenger Ltd

Common Name
Challenger
Country
Australia
Sector
Financial Services
Industry
Insurance - Life
Employees
566
Ticker
CGF
Exchange
ASX
Description
Challenger Ltd is a financial services company specializing in retirement income products and investment management. The company's primary mission is to provide its customers with financial security d...

Challenger's Climate Target Data Preview

As of 2024, Challenger has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Challenger ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Upstream Leased Assets (Cat. 8)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2026
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Upstream Leased Assets (Cat. 8)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Upstream Leased Assets (Cat. 8)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Challenger's Greenhouse Gas Emissions Pathways

As of 2024, Challenger has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Challenger have a target to reduce the emissions from its operations?

As of 2024, Challenger has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Challenger's most ambitious operational target is to reduce these emissions by 100% by 2025, compared to a baseline of 670.9 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.

As of 2024, Challenger is lagging behind on its operational emissions reduction target, having achieved 6.86% of the planned reduction.

Challenger's Operational (Scope 1+2) Emissions Pathway

2023202420250200400600800Current (-7%)Target 2025 (-100%)

Does Challenger have a target to reduce the emissions from its value chain?

As of 2024, Challenger has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

Challenger's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 4,292.1 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.

Instead of reducing value chain emissions, Challenger has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target.

Challenger's Value Chain (Scope 3) Emissions Pathway

2023202420262035205001.5 k3 k4.5 k6 kCurrent (+6%)Target 2026 (-20%)Target 2035 (-50%)Target 2050 (-90%)
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