As of 2024, Man Group has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets and 1 intensity-based target, 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 Man Group's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 2 - Total, Scope 3 - Upstream Leased Assets (Cat. 8) | Metric Tonnes of CO2 equivalent (mtCO2e) | -36%a | 2025 |
Absolute-based Target | Scope 2 - Total, Scope 3 - Upstream Leased Assets (Cat. 8) | Metric Tonnes of CO2 equivalent (mtCO2e) | -25%a | 2025 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -36%a | 2025 |
Absolute-based Target | Scope 2 - Total, Scope 3 - Upstream Leased Assets (Cat. 8) | Metric Tonnes of CO2 equivalent (mtCO2e) | -46%a | 2030 |
Absolute-based Target | Scope 2 - Total, Scope 3 - Upstream Leased Assets (Cat. 8) | Metric Tonnes of CO2 equivalent (mtCO2e) | -46%a | 2030 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -46%a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Weighted Average Carbon Intensity / Portfolio Companies (WACI) | -50%a | 2030 |
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As of 2024, Man Group 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.a
As of 2024, Man Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Man Group's most ambitious operational target is to reduce these emissions by 46% by 2030, compared to a baseline of 1,136 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
Man Group has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a