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Blackstone, officially known as The Blackstone Group Inc., is a leading global investment firm headquartered in the United States. Founded in 1985, the company has established itself within the services auxiliary to financial intermediation sector, primarily focusing on private equity, real estate, and credit. With a strong presence in major financial hubs, including New York and London, Blackstone has consistently been at the forefront of innovative investment strategies.
The firm is renowned for its unique approach to asset management, leveraging extensive market insights and a robust network to deliver exceptional returns. Blackstone's notable achievements include being one of the largest alternative investment firms globally, with a diverse portfolio that spans various industries. Its commitment to excellence and strategic growth has solidified its position as a market leader in the financial services sector.
+14 vs industry average
Blackstone’s score of 51 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Blackstone, a US-headquartered firm in Services auxiliary to financial intermediation, reported approximately 12.1 million kg CO2e in market-based Scope 1 and 2 emissions for 2025. Their Scope 1 emissions were about 590,000 kg CO2e, and market-based Scope 2 emissions were around 11.5 million kg CO2e. Key Scope 3 categories included about 15.2 million kg CO2e from business travel, approximately 6.0 million kg CO2e from employee commuting, around 44,000 kg CO2e from upstream leased assets, and roughly 602,000 kg CO2e from waste generated in operations.
For 2024, Blackstone's market-based Scope 1 and 2 emissions were approximately 13.3 million kg CO2e, with Scope 1 emissions at about 466,000 kg CO2e and market-based Scope 2 emissions at around 12.8 million kg CO2e. Their Scope 3 emissions included about 13.0 million kg CO2e from business travel, approximately 6.0 million kg CO2e from employee commuting, around 36,000 kg CO2e from upstream leased assets, and roughly 662,000 kg CO2e from waste generated in operations.
Blackstone has committed to achieving net zero emissions by 2050 for Scope 1 and Scope 2. They also have a near-term absolute reduction target to decrease Scope 1 and Scope 2 carbon emissions for new assets, where they control energy usage, by 15% in aggregate over the first three years of ownership, starting from 2021 and aiming for completion by 2024. This data is directly from Blackstone Inc.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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