Allfunds, officially known as Allfunds Bank S.A., is a leading global fund distribution platform headquartered in Spain. Established in 2000, the company has rapidly expanded its operations across Europe, Latin America, and Asia, positioning itself as a key player in the financial services industry. Specialising in fund distribution, Allfunds offers a comprehensive range of services, including fund selection, data analytics, and regulatory support, which distinguish it from competitors. The firm’s innovative technology platform facilitates seamless access to a vast array of investment funds, catering to a diverse clientele of financial institutions and wealth managers. With a strong market presence and notable achievements, Allfunds has established itself as a trusted partner in the investment landscape, continually enhancing its offerings to meet the evolving needs of the industry.
How does Allfunds's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Allfunds's score of 64 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Allfunds reported total carbon emissions of approximately 1,258,000 kg CO2e globally, comprising 11,280 kg CO2e from Scope 1, 8,660 kg CO2e from Scope 2, and about 1,241,760 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions were primarily driven by business travel (approximately 1,189,060 kg CO2e) and employee commuting (about 667,910 kg CO2e). In Spain, Allfunds disclosed Scope 2 emissions of 112,000 kg CO2e for 2023, while in Singapore, Scope 2 emissions were reported at 8,660 kg CO2e for 2024, reflecting a significant increase from 2,440 kg CO2e in 2023. This indicates a growing operational footprint in these regions. Allfunds has set ambitious climate commitments, aiming for net-zero absolute Scope 1 and 2 greenhouse gas emissions by 2028. This target is part of their near-term reduction initiatives, which are designed to enhance their sustainability profile and reduce their overall carbon footprint. The emissions data is not cascaded from any parent organization, and Allfunds Group plc is the source of their reported performance metrics. The company is actively working towards its climate goals, demonstrating a commitment to environmental responsibility within the financial services sector.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 7,310 | 0,000 | - | 00,000 |
Scope 2 | 30,390 | 000,000 | 000,000 | 0,000 |
Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Allfunds is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.