Ditchcarbon
  • Contact
  1. Organizations
  2. Blackstone
Public Profile
Services Auxiliary to Financial Intermediation
US
updated a month ago

Blackstone Sustainability Profile

Company website

Blackstone Inc., a leading global investment firm headquartered in the United States, has established itself as a powerhouse in the alternative asset management industry since its founding in 1985. With a strong presence in major operational regions including North America, Europe, and Asia, Blackstone focuses on private equity, real estate, credit, and hedge fund investment strategies. Renowned for its innovative approach, Blackstone offers a diverse range of core services that include investment management and financial advisory. The firm is distinguished by its ability to leverage extensive market insights and a robust network to drive value for its clients. Over the years, Blackstone has achieved significant milestones, solidifying its market position as one of the largest and most respected investment firms globally, with a reputation for delivering strong returns and strategic growth.

DitchCarbon Score

How does Blackstone'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.

49

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.

32

Industry Benchmark

Blackstone's score of 49 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

Let us know if this data was useful to you

Blackstone's reported carbon emissions

In 2024, Blackstone reported total carbon emissions of approximately 13,284,000 kg CO2e, which includes 466,000 kg CO2e from Scope 1 and about 12,818,000 kg CO2e from Scope 2 emissions. The Scope 3 emissions were significant, with business travel contributing approximately 13,048,000 kg CO2e and employee commute adding about 5,976,000 kg CO2e. Comparatively, in 2023, Blackstone's total emissions were about 13,228,000 kg CO2e, with Scope 1 emissions at 445,000 kg CO2e and Scope 2 emissions at approximately 12,783,000 kg CO2e. The Scope 3 emissions for that year included around 12,559,000 kg CO2e from business travel and 5,408,000 kg CO2e from employee commute. Blackstone has set ambitious climate commitments, including a target to achieve net zero emissions by 2050. Additionally, the company initiated an Emissions Reduction Program in January 2021, aiming for a 15% reduction in Scope 1 and Scope 2 emissions for new assets under its control over the first three years of ownership, targeting completion by 2024. Link Logistics, a subsidiary of Blackstone, has also committed to achieving carbon-neutral operations by 2025, which reflects the company's broader strategy to enhance sustainability across its portfolio. Overall, Blackstone's emissions data and climate commitments underscore its proactive approach to addressing climate change and reducing its carbon footprint.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
274,000
000,000
000,000
000,000
000,000
000,000
Scope 2
7,883,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000
Scope 3
16,632,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is Blackstone's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Blackstone's primary industry is Services Auxiliary to Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Blackstone's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Blackstone is in US, which has a low grid carbon intensity relative to other regions.

Blackstone's Scope 3 Categories Breakdown

Blackstone's Scope 3 emissions, which increased by 6% last year and increased by approximately 19% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 60% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 66% of Scope 3 emissions.

Top Scope 3 Categories

2024
Business Travel
66%
Employee Commuting
30%
Waste Generated in Operations
3%
Upstream Leased Assets
<1%

Blackstone's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Blackstone has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Blackstone's Emissions with Industry Peers

State Street

US
•
Services auxiliary to financial intermediation (67)
Updated 6 days ago

Jefferies Group LLC

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 5 hours ago

Morgan Stanley

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 8 hours ago

Credit Suisse

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

Barclays PLC

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

Cohen & Steers, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 4 hours ago

Let us know if this data was useful to you

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251107.1
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy