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.
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.
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.
Blackstone's score of 38 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Blackstone reported total carbon emissions of approximately 13,228,000 kg CO2e, comprising Scope 1 emissions of about 445,000 kg CO2e, Scope 2 emissions (market-based) of approximately 12,783,000 kg CO2e, and Scope 3 emissions of about 15,559,000 kg CO2e. The Scope 3 emissions included significant contributions from business travel (about 12,559,000 kg CO2e) and employee commuting (approximately 3,765,000 kg CO2e). Over the years, Blackstone has demonstrated a commitment to reducing its carbon footprint. In 2022, the total emissions were reported at approximately 11,250,000 kg CO2e, indicating a notable increase in 2023. However, specific reduction targets or initiatives have not been disclosed, and there are no documented climate pledges or SBTi (Science Based Targets initiative) reduction targets available. The company has consistently reported emissions across all three scopes, highlighting its awareness of the environmental impact of its operations. Blackstone's emissions data reflects its ongoing efforts to monitor and manage its carbon footprint, although further details on specific reduction strategies would enhance its climate commitment narrative.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 274,000 | 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 |
Scope 3 | 15,890,000 | 0,000,000 | 0,000,000 | 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.
Blackstone is not committed to any reduction initiatives 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.