Wendel, officially known as Wendel Group, is a prominent investment firm headquartered in France, with significant operations across Europe and North America. Founded in 1704, Wendel has established itself as a leader in the private equity industry, focusing on long-term investments in high-quality companies. The firm’s core business areas include private equity, infrastructure, and real estate, with a unique approach that emphasises sustainable growth and value creation. Wendel is renowned for its strategic partnerships and a diversified portfolio that spans various sectors, including healthcare, technology, and industrials. With a rich history and notable achievements, Wendel has consistently maintained a strong market position, making it a trusted name in investment management. Its commitment to responsible investing and innovation sets it apart in the competitive landscape.
How does Wendel'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.
Wendel's score of 45 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Wendel reported total carbon emissions of approximately 202,174,000 kg CO2e for Scope 1 and about 235,993,000 kg CO2e for Scope 2. This marks a slight decrease in Scope 1 emissions from 2023, where they were approximately 203,699,000 kg CO2e, while Scope 2 emissions increased from about 167,224,000 kg CO2e in the same year. Wendel has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C. These targets cover 76% of its total investment and lending by asset value as of 2022. However, Wendel has not committed to a net-zero target as of now. The company has not disclosed any Scope 3 emissions data, which is significant given that Scope 3 often represents the largest portion of a company's total emissions. Wendel's commitment to reducing its operational emissions (Scopes 1 and 2) reflects its ongoing efforts to address climate change within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 13,858,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 6,064,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 1,352,328,000 | 000,000,000 | - | - | - |
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.
Wendel is participating in some 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.