Financial Services / Banking

Scottish Mortgage Investment Trust sustainability score: 26/100

Scottish Mortgage Investment Trust is a UK-listed closed-end investment company founded in 1909 and headquartered in Edinburgh.

Is this your business? Add your evidence →

Pending reviewMixed evidence· 8 src

Scottish Mortgage is a listed investment trust with negligible operational footprint but material financed emissions exposure through ~100 portfolio companies. It publishes partial portfolio-level climate data via TCFD but has no entity-specific emissions targets. Its manager withdrew from net-zero initiatives in 2024, and the Trust explicitly states ESG is secondary to returns.

Scottish Mortgage Investment Trust scores 26/100 (Significant gaps) 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 Scottish Mortgage Investment Trust joint 710th of 847 companies scored, and joint 44th of 51 in Financial Services / Banking.

At a glance

Scottish Mortgage Investment Trust's strongest and weakest areas

Strongest
  • Its record on controversies5/10
  • Its effect on water4/10
Weakest
  • Emissions from its own operations2/10
  • Whether its emissions are falling2/10
See all ten questions ↓
Scottish Mortgage Investment Trust in context

How does Scottish Mortgage Investment Trust compare with other financial services / banking companies?

Where Scottish Mortgage Investment Trust sits among financial services / banking peers.

Among the 51 major financial services / banking brands we've scored, Scottish Mortgage Investment Trust is tied =44th of 51, with 1 other.

=44/51
Scottish Mortgage Investment Trust's rank
37
Industry average
20
Industry low
65
Industry high
See all 51 in Financial Services / Banking →
What would raise this score

Where Scottish Mortgage Investment Trust lost the most points

Its three lowest-scoring questions, and what the evidence didn't show.

  1. Emissions from its own operations2/10

    Trust has no employees and no substantive operations; Baillie Gifford performs all functions.

  2. Whether its emissions are falling2/10

    TCFD report provides point-in-time portfolio metrics but no year-on-year absolute reduction trend.

  3. Its climate targets2/10

    No SBTi registration or validated science-based target confirmed.

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.

For Scottish Mortgage Investment Trust

Is this your company?

  • 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 →
Fees pay for the review, never the result.
The ten questions

What is Scottish Mortgage Investment Trust doing well, and where does it fall short?

Strongest on Controversies & Red Flags and Water Impact (5/10, 4/10). Weakest on Carbon Footprint — Operations and Emissions Trajectory (2/10, 2/10).

Method and evidence

How we worked this out

The formula and all 8 sources.

About Scottish Mortgage Investment Trust

Scottish Mortgage Investment Trust is a UK-listed closed-end investment company founded in 1909 and headquartered in Edinburgh. It manages a globally diversified portfolio of ~100 public and private growth companies across technology, healthcare, and consumer sectors. The Trust is externally managed by Baillie Gifford and has no employees or direct operations.

Founded
—
Headquarters
United Kingdom
Employees
~0 (externally managed; no direct employees)
Annual revenue
~£14–15B AUM (investment trust, not a revenue-generating company in the conventional sense)
Company website ↗
THE SUNDAY RUNDOWN

Which companies moved this week, and why.

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.