Man Group PLC
Man Group's GHG Emissions Data Preview
In 2023, Man Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Man Group has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Verified Sources Behind Man Group’s Greenhouse Gas (GHG) Emissions Data
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Insights into Man Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Man Group amounted to 1,365 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Man Group decreased by 16.92%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Man Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Man Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Man Group were 447 metric tons of CO₂ equivalent (tCO₂e). a
Has Man Group reduced its Scope 1 emissions over time?
Since 2019, Man Group's Scope 1 emissions have decreased by 60.65%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Man Group's Scope 1 emissions decreased by 46.27%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Man Group's Scope 2 emissions?
In 2023, Man Group reported Scope 2 greenhouse gas (GHG) emissions of 2 tCO₂e using the market-based method and 918 tCO₂e using the location-based method. a
Has Man Group reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Man Group's Scope 2 emissions (Location-Based) rose by 13.19% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Man Group use for Scope 2 reporting?
In 2023, Man Group reported its Scope 2 emissions using the market-based method and using the location-based method. a
Man Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Man Group's Value Chain Emissions
In 2023, Man Group reported 5,757,506 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Man Group includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Man Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Man Group's Scope 3 emissions?
In 2023, Man Group reported total Scope 3 emissions of 5,757,506 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.11% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.89% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Man Group's Scope 3 emissions remained relatively stable, indicating that Man Group 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Man Group disclose?
In 2023, Man Group reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Man Group's Scope 3 emissions?
In 2023, the largest contributors to Man Group's Scope 3 emissions were: a
- Investments (Cat. 15): 5,751,014 tCO₂e (99.89%)
- Business Travel (Cat. 6): 5,799 tCO₂e (0.1%)
- Upstream Leased Assets (Cat. 8): 691 tCO₂e (0.01%)
Man Group's Scope 3 Emissions by Categories
Insights into Man Group's Total Carbon Footprint
In 2023, Man Group reported a total carbon footprint of 5,758,871 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.48% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Man Group's total carbon footprint was Scope 3 emissions, accounting for 99.98% of the company's total carbon footprint, followed by Scope 2 emissions at 0.02%. a