State Street Global Advisors
State Street Global Advisors (SSGA), a leading investment management firm headquartered in the United States, has been a pivotal player in the financial services industry since its founding in 1978. With a strong presence in major operational regions including North America, Europe, and Asia-Pacific, SSGA offers a diverse range of investment solutions tailored to meet the needs of institutional investors. Specialising in asset management, SSGA is renowned for its innovative exchange-traded funds (ETFs) and index strategies, which leverage advanced technology and data analytics. The firm’s commitment to responsible investing and sustainability sets it apart in a competitive market. As a subsidiary of State Street Corporation, SSGA has consistently achieved notable milestones, including being one of the largest asset managers globally, with a robust portfolio that underscores its market leadership and expertise.
DitchCarbon Score
How does State Street Global Advisors'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.
Industry Average
Mean score of companies in the Services Auxiliary to 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.
Industry Benchmark
State Street Global Advisors's score of 24 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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State Street Global Advisors's reported carbon emissions
In 2023, State Street Global Advisors has not disclosed specific carbon emissions data, including Scope 1, 2, or 3 emissions. However, the company has reported a weighted average carbon intensity for Scope 3 emissions at approximately 0.0007062 kg CO2e per USD of revenue. This figure indicates their engagement in assessing the carbon footprint associated with their investment activities. Over the years, State Street has shown a trend in greenhouse gas (GHG) emissions intensity ratios, with values of 2.64 in 2017, 2.21 in 2018, 2.02 in 2019, and 1.85 in 2020. This suggests a gradual reduction in emissions intensity, although specific reduction targets or commitments have not been disclosed. Currently, State Street Global Advisors has not established any formal reduction initiatives or climate pledges, nor have they set Science Based Targets Initiative (SBTi) reduction targets. The absence of detailed emissions data and reduction commitments highlights an opportunity for the firm to enhance transparency and accountability in its climate strategy.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
State Street Global Advisors 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.
