GlobalData offers a comprehensive analysis of Rothschild, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on Rothschild’s ESG performance. GlobalData’s company profile on Rothschild offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

Rothschild, a global financial advisory firm, has set net-zero targets for its greenhouse gas (GHG) emissions. Rothschild's latest filings mentioned the keywords 'Emissions' and 'Carbon' most number of times in relation to 'Net Zero'.

Rothschild has specific goals related to scope 1, scope 2, and scope 3 emissions that is more than 80% reduction of absolute Scope 1+2 emissions (2018-2030) and 24% reduction per FTE in Scope 3 emissions (2018-2030). The company has an emission reduction target of 30% by 2030. Rothschild's latest filings mentioned the keywords 'Emissions' and 'Carbon' most number of times in relation to 'Net Zero'.

Rothschild has taken steps to reduce its emissions and achieve its net-zero targets. The company has invested in Five Arrows Sustainable Investment and has labelled products such as R-co 4Change Equity Euro, R-co 4Change Convertibles Europe, and R-co Opal 4Change Equity Europe. Rothschild has also changed its methodology for estimating emissions from employee commuting and remote working. The company has reported its greenhouse gas emissions using a location-based methodology that reflects the average emissions intensity of grids on which energy consumption occurs.

In 2022, the company reported Scope 1 emissions at 699.8 tCO2e and Scope 2 emissions for market based and location based at 903 tCO2e and 2,876 tones CO₂ equivalent respectively. Scope 3 emissions (category 6 — business travel) were reported at 16,428 tCO2e. The company's greenhouse gas emissions reporting includes Scope 1 and 2 emissions and Scope 3 emissions relating to business travel, water supply and wastewater treatment, materials use, resources disposal and recycling, electricity transmission and distribution losses, employee commuting, remote working, IT equipment and server use, hotel night stays, and upstream or well-to-tank emissions. Rothschild aims to demonstrate its commitment to transparent disclosure and public accountability for its business' impact on its stakeholders. The company has identified provisions in the United Kingdom for operational environmental risk, pertaining to the Streamlined Energy and Carbon Reporting (SERC) scheme. A considerable number of its clients have either implemented or are currently devising climate strategies focused on offering carbon reduction solutions and achieving decarbonization across their businesses and operations.

In 2022, Rothschild,reported a significant greenhouse gas (GHG) emissions reduction. It achieved 100% compensation of operational GHG emissions, with carbon removal solutions covering 33% of the emissions. Moreover, the company successfully reduced GHG emissions by 40% compared to 2018. Additionally, Rothschild sourced 92% of its electricity from renewable sources, further contributing to their environmental efforts. Furthermore, they achieved a commendable recycling rate of 47% in the same year, highlighting their dedication to responsible waste management and sustainable practices.

In conclusion, Rothschild has taken significant steps to reduce emissions, including investments in sustainable initiatives and revising emission estimation methodologies. In 2022, Rothschild reported lower energy consumption and an increased recycling rate, reflecting their commitment to sustainability and environmental responsibility.

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.