Intermediate Capital Group is a London-based alternative asset manager founded in 1989, deploying private capital across private debt, credit, structured capital, private equity secondaries, and real assets.
Is this your business? Add your evidence →
ICG has delivered measurable operational decarbonisation—85% Scope 1+2 reduction, SBTi-validated targets, 100% renewable electricity—but material financed emissions lack absolute quantification. Nature, water, and waste disclosure remain minimal. Strong governance and clean controversy record offset weak supply-chain transparency.
Intermediate Capital scores 41/100 (Below expectations) on SINK's independent climate assessment, scored from public data only. Fees pay for the review, never the result. Last verified August 2026.
That places Intermediate Capital joint 343rd of 847 companies scored, and joint 13th of 51 in Financial Services / Banking.
Where Intermediate Capital sits among financial services / banking peers.
Among the 51 major financial services / banking brands we've scored, Intermediate Capital is tied =13th of 51, with 1 other.
Its three lowest-scoring questions, and what the evidence didn't show.
No formal TNFD disclosure, quantified biodiversity footprint, deforestation commitment, or Finance for Biodiversity Pledge membership identified in available sources.
No detailed circular economy programme, measurable waste targets, or comprehensive supplier sustainability requirements confirmed in public sources.
Absolute financed emissions in tonnes not found in public disclosures; methodology and coverage are intensity-focused rather than absolute-tonnes-based.
A score changes when the evidence does. We use new published evidence at the next rescore. Evidence that isn't public can count through an evidence review.
Use this score in tenders
Send the link, or the one-page score sheet. It links back to this page and every source. Free.
Open the score sheet →Add your evidence, £99
Scored low because little is published? Send us your evidence. A person reviews it and your score reflects what you really do. Done within 5 working days.
Evidence review →Go tender-ready, £495 a year
A yearly rescore, a check of up to 25 key suppliers and a score badge for your website (coming soon).
Get in touch →Strongest on Transparency & Accountability and Controversies & Red Flags (8/10, 8/10). Weakest on Nature & Biodiversity Impact and Resource Use & Waste (4/10, 4/10).
The 3 companies in the sector scoring nearest above Intermediate Capital.
Halifax's parent, Lloyds Banking Group, reports comprehensive operational emissions and 100% renewable electricity, but financed emissions dwarf these efforts at 32.8 MtCO2e.
See the breakdown →Schroders has decarbonised operations rapidly—56% Scope 1 cuts since 2019, 100% renewable electricity achieved—but its core financed-emissions footprint remains unabated.
See the breakdown →Starling Bank reports low operational emissions but excludes financed emissions entirely—the material impact for any lender.
See the breakdown →The formula and all 12 sources.
Same ten questions for every company. No private weighting.
SINK = (0.3 × Base + 0.7 × Performance) × Scale12 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
“the Group has already achieved our Scope 1 and 2 science-based target (SBT)”
“Our measured emissions equated to carbon intensity of 0.13 tCO2e/employee or 0.09 tCO2e/£m revenue.”
“Total Scope 1 & 2 (market-based) GHG emissions (tCO2e) ICG SBT linear trajectory 1.5 degree aligned trajectory”
“GHG emissions data and portfolio company specific financial data are as at 31 December 2024”
“The Group's net zero commitment is supported by two ambitious emissions reduction targets by 2030, which have been approved and validated by the Science Based Targets initiative (SBTi).”
“While our own operational emissions have negligible impact compared to those of our investments, we recognise our responsibility to ensure our own business operations are fully accounted for.”
“The SBTi's Target Dashboard lists companies and financial institutions that have set science-based targets, or have committed to developing targets.”
“Covering 100% of AUM, policy requires us to consider the implications of climate-related risk”
“It covers sustainability in both our investments (see 'Investing Sustainably') and within our own operations”
“ICG's 2023 ESG Risk Rating places it in the top 98th percentile among Asset Management and Custody Services companies assessed by Sustainalytics”
“rankings for financial institutions assessed under the LobbyMap platform appear in the table below”
“CDP Climate Change Score 2022 Leadership A- (2021: Management, B)”
If you believe a source has been misread or a newer version exists, submit a challenge.
Intermediate Capital Group is a London-based alternative asset manager founded in 1989, deploying private capital across private debt, credit, structured capital, private equity secondaries, and real assets. AUM approximately $66 billion. A specialist in European and Asia Pacific markets, ICG is publicly listed and operates through approximately 966 employees across multiple offices globally.
One email, every Sunday. Score changes, new research, the stories behind the numbers. Free.
No spam. Unsubscribe in one click.
Checking a company?
Search free →Asked to prove you're sustainable?
Get your business scored, free →Been scored?
See what's behind your number →Fees pay for the review, never the result.