Rathbones Group PLC

Common Name
Rathbones Group
Country
United Kingdom
Sector
Financial Services
Industry
Asset Management
Employees
3,545
Ticker
RAT
Exchange
LONDON STOCK EXCHANGE
Description
Rathbones Group Plc is a financial services company renowned for its expertise in wealth and asset management. The primary function of Rathbones Group is to provide investment management services and ...

Rathbones Group's GHG Emissions Data Preview

In 2023, Rathbones 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).

Rathbones Group has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Rathbones Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Rathbones Group amounted to 1,357 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Rathbones Group decreased by 2.79%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Rathbones Group's Scope 1 Emissions Over Time

2021202220230200400600800tCO2e-5%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Rathbones Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Rathbones Group were 584 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Rathbones Group reduced its Scope 1 emissions over time?

Since 2021, Rathbones Group's Scope 1 emissions have decreased by 13.48%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Rathbones Group's Scope 1 emissions decreased by 8.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Rathbones Group's Scope 2 emissions?

In 2023, Rathbones Group reported Scope 2 greenhouse gas (GHG) emissions of 478 tCOâ‚‚e using the market-based method, and 773 tCOâ‚‚e using the location-based method.

Has Rathbones Group reduced its Scope 2 emissions over time?

Since 2021, Rathbones Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Rathbones Group 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Rathbones Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Rathbones Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Rathbones Group use for Scope 2 reporting?

In 2023, Rathbones Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Rathbones Group's Scope 2 Emissions Over Time

2021202220230200400600800tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Rathbones Group's Value Chain Emissions

In 2023, Rathbones Group reported 22,324 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Rathbones Group includes a breakdown across 8 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.

Rathbones Group's Scope 3 Emissions Over Time

20212022202306 k12 k18 k24 ktCO2e+15%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Rathbones Group's Scope 3 emissions?

In 2023, Rathbones Group reported total Scope 3 emissions of 22,324 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Rathbones Group reduced its Scope 3 emissions over time?

Since 2021, Rathbones Group's Scope 3 emissions have increased by 24.2%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Rathbones Group's Scope 3 emissions remained relatively stable, indicating that Rathbones Group 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Rathbones Group disclose?

In 2023, Rathbones Group reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Rathbones Group's Scope 3 emissions?

In 2023, the largest contributors to Rathbones Group's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 16,842 tCOâ‚‚e (75.45%)
  • Employee Commuting (Cat. 7): 3,287 tCOâ‚‚e (14.72%)
  • Business Travel (Cat. 6): 1,158 tCOâ‚‚e (5.19%)

Rathbones Group's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(14.7%)Business Travel(Cat. 6)(5.2%)Purchased Goods andServices (Cat. 1)(75.4%)

Insights into Rathbones Group's Total Carbon Footprint

In 2023, Rathbones Group reported a total carbon footprint of 23,681 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.51% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Rathbones Group's total carbon footprint was Scope 3 emissions, accounting for 94.27% of the company's total carbon footprint, followed by Scope 2 emissions at 3.26%.

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