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 40 is higher than 89% 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, with emissions distributed across various scopes. Specifically, Scope 1 emissions accounted for about 445,000 kg CO2e, while Scope 2 emissions were approximately 12,783,000 kg CO2e (market-based). The majority of their emissions stemmed from Scope 3, which totalled around 12,559,000 kg CO2e, primarily driven by business travel and employee commuting. Over the years, Blackstone's emissions have fluctuated significantly. In 2022, total emissions were about 11,301,000 kg CO2e, with Scope 1 at 542,000 kg CO2e and Scope 2 at approximately 10,708,000 kg CO2e (market-based). The company has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint, nor have they committed to any science-based targets as per the latest data. Overall, while Blackstone has made strides in tracking and reporting their emissions, the absence of defined reduction targets highlights an area for potential improvement in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 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 | 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.