Low-carbon economy

We are conscious of the impact of climate change on our stakeholders and business.

We are committed to limiting and reducing the direct and indirect impact of our operations, products and services, and want to act as the catalyst for funding innovation and support the transition towards a low carbon economy.


Operational management priorities

Clear emission reduction pathway

  • -30% operational GHG emissions by 2030 (vs 2018)
  • 100% electricity from renewable sources by 2025

Net-zero operational emissions by 2030

  • Compensation for scope 1, 2 and 3 emissions through a balanced portfolio of certified carbon offsets
  • Shift from offsetting operational GHG emissions towards active carbon removal

Facts and figures at a glance 

For more information and data, please refer to our Sustainability Report

Total Group GHG Emissions
(in tco2eq)


Greenhouse gas emissions are presented as extrapolated, market-based and in tonnes of carbon dioxide equivalent (tco2eq)

Total Group Reported GHG EMissions


Total group reported market-based greenhouse gas emissions

Total energY Consumption
(in MWH)


Internal carbon pricing

By introducing our own internal carbon price (ICP), we place a monetary value on greenhouse gas emissions and aim to influence employee behaviour to limit them.

The ICP generates a financial support stream, to develop further small-scale carbon-reduction opportunities.

Greenhouse gas emissions data tables

Greenhouse gas emissions 2021 breakdown
Greenhouse gas emissions in tCO2eq 2021
Direct emissions
(Scope 1) 

Natural gas 148.7
Biogas 0.7
Other fuel 52.7
Owned vehicles 193.9
  Fugitive emissions & refrigerant gas 3.4
Total Scope 1 398.6
Indirect emissions (Scope 2) Electricity (location-based) 2,130,6
Electricity (market-based) 600.9
Heat consumption 269.4
District cooling 9.2
Company owned cars (electric cars) 1
Total Scope 2 (Location-based) 2,410.20
Total Scope 2 (Market-based) 880.5
Indirect emissions from Travel (Scope 3) Flights 2,039.80
Rail 40.2


Hotel stays 92
Employee-owned cars 34.2
Total Emissions – Travel 2,405.00
Other emissions (Scope 3) Couriers 19.9
Materials 89
Recycling & disposal 16.9
Remote working 1,509.30
Water 9.2
Company leased vehicles 235.8
IT equipment and server use (location-based) 1,431.60
IT equipment and server use (market-based) 1,434.10
Electricity Transmission and Distribution Losses (location-based) 170
Electricity Transmission and Distribution Losses (market-based) 169.9
Upstream emissions (location-based) 1,135.00
Upstream emissions (market-based) 1,132.20
Total emissions – Other (location-based) 4,616.70
Total emissions – Other (market-based) 4,616.30
Total Scope 3 (location-based) 7,021.60
Total Scope 3 (market-based) 7,021.30
Total Scope 1, 2 & 3 (location-based) 9,830.40
Total Scope 1, 2 & 3 (market-based) 8,300.40





Greenhouse gas emissions per full-time equivalent
Emissions tCO2eq/FTE Location-based
  2021 2021
Total group emissions, all scopes, extrapolated 10,388.40 8,771.50
tCO2eq/FTE, all scopes, extrapolated 2.77 2.34
Energy use
Energy use in MWh 2021
Bioenergy 3,392.20
District cooling 79
Electricity 13,816.30
Heat/Steam 1,465.20
Natural gas 830
Other fuel 214.4
Total energy consumed 19,797.00
MWh/FTE 5.29

Products and services

The integration of considerations about the environmental impact of our products and services is key to ensuring sustainability is at the heart of our business strategy.

Philanthropic partnership

R&Co4Generations is Rothschild & Co’s platform for supporting social and environmental causes, locally and globally. Find out more about our global flagship partnership with an environmental focus.

2020 Response to the Carbon Disclosure Project

Rothschild & Co has reported to CDP's climate change questionnaire since 2018. In 2020, the group achieved an "A-" rating, improving on the "B" rating we received the previous year. 

Sustainability Report 2021

More detailed information about governance, facts & figures, and performance targets.