Platinum Asset Management, often referred to simply as Platinum, is a prominent investment management firm headquartered in Australia. Established in 1994, the company has built a strong reputation in the financial services industry, focusing on global equities and alternative investment strategies. With a commitment to delivering superior long-term returns, Platinum operates primarily in the Asia-Pacific region, catering to a diverse clientele that includes retail and institutional investors. The firm is renowned for its unique investment approach, which emphasises rigorous research and a deep understanding of global markets. Platinum's core offerings include managed funds and investment trusts, distinguished by their active management style and a focus on undervalued companies. Over the years, Platinum Asset Management has achieved significant milestones, solidifying its position as a leader in the investment landscape, known for its disciplined investment philosophy and commitment to client success.
How does Platinum Asset Management'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.
Platinum Asset Management's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Platinum Asset Management reported total carbon emissions of approximately 2,440,600 kg CO2e, all of which were classified under Scope 3 emissions, as there were no emissions recorded for Scope 1 and Scope 2. This represents a decrease from 2023, where emissions were about 2,605,400 kg CO2e, also entirely from Scope 3. Over the past few years, Platinum has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported approximately 1,897,100 kg CO2e in Scope 3 emissions, alongside 24,800 kg CO2e in Scope 2 emissions. The trend indicates a significant focus on managing and reducing indirect emissions associated with its value chain. Platinum has set long-term carbon neutrality goals, aiming to offset greenhouse gas emissions across both Scope 1 and Scope 2 by 2050. This commitment includes ongoing efforts to offset emissions, thereby striving to achieve net-zero status. The company is actively working towards these targets, reflecting a proactive approach to climate responsibility in the asset management industry.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | - | - | - | - | - |
Scope 2 | 432,200 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | - | - |
Scope 3 | 494,800 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 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.
Platinum Asset Management 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.