Lazard Frères & Co. LLC, commonly known as Lazard, is a prominent financial advisory and asset management firm headquartered in the United States. Established in 1848, Lazard has built a distinguished reputation in the investment banking sector, with major operational regions across North America, Europe, and Asia. The firm specialises in mergers and acquisitions, restructuring, and capital raising, offering unique insights and tailored solutions to its clients. Lazard's commitment to independent advice and its global reach set it apart in a competitive landscape. With a legacy of over 175 years, Lazard has achieved notable milestones, including advising on some of the largest transactions in history. Its strong market position is underscored by a diverse client base, ranging from governments to multinational corporations, making it a trusted partner in navigating complex financial challenges.
How does Lazard Freres & Co. LLC'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.
Lazard Freres & Co. LLC's score of 25 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lazard Freres & Co. LLC, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Lazard Group LLC, which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or climate pledges from Lazard Freres & Co. LLC, emissions data may be inherited from its parent company, Lazard, Inc., at a cascade level of four. This means that any climate commitments or emissions data would need to be sourced from the higher levels of the corporate structure. As of now, Lazard Freres & Co. LLC has not established specific science-based targets or initiatives to reduce emissions, nor has it publicly committed to any climate pledges. The lack of reported emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 1,533,000 | 0,000,000 | 0,000,000 |
Scope 2 | 6,515,000 | 0,000,000 | 0,000,000 |
Scope 3 | 16,195,000 | 00,000,000 | 00,000,000 |
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.
Lazard Freres & Co. LLC is not participating in any 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.