Bloomberg Lp Sustainability Profile
Bloomberg L.P., a leading global financial services, software, and media company, is headquartered in New York City, USA. Founded in 1981 by Michael Bloomberg, the firm has established itself as a cornerstone of the financial industry, particularly through its Bloomberg Terminal, which provides real-time data, analytics, and trading tools to professionals worldwide. With a strong presence in major financial hubs across North America, Europe, and Asia, Bloomberg L.P. serves a diverse clientele, including investment banks, asset managers, and corporations. The company is renowned for its innovative solutions in financial data and analytics, which set it apart from competitors. Notable achievements include its significant market share in financial information services and its influential role in shaping financial journalism through Bloomberg News.
DitchCarbon Score
How does Bloomberg Lp'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 Media Production 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
Bloomberg Lp's score of 85 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bloomberg Lp's reported carbon emissions
In 2024, Bloomberg L.P. reported total carbon emissions of approximately 131,159,000 kg CO2e. This figure includes 7,236,000 kg CO2e from Scope 1 emissions, 44,279,000 kg CO2e from Scope 2 emissions, and 79,643,000 kg CO2e from Scope 3 emissions. Notably, business travel accounted for about 59,431,000 kg CO2e of the Scope 3 total. Comparatively, in 2023, Bloomberg's total emissions were approximately 139,973,000 kg CO2e, with Scope 1 emissions at 6,649,000 kg CO2e, Scope 2 emissions at 51,147,000 kg CO2e, and Scope 3 emissions at 82,177,000 kg CO2e. This indicates a reduction in total emissions from 2023 to 2024. Bloomberg has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and 2 emissions by 2040, based on a 2018 baseline. Additionally, the company targets a 30% reduction in absolute Scope 3 emissions by 2030. Bloomberg is also committed to achieving net-zero emissions across its value chain by 2040. The company has made significant strides towards these goals, including a commitment to increase its sourcing of renewable electricity from 17% in 2018 to 100% by 2025. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Bloomberg's dedication to addressing climate change and reducing its carbon footprint.
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| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,815,000 | 0,000,000 | 0,000,000 | - | - | - | - | - | - | - | - | 0,000,000 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 102,046,000 | 000,000,000 | 00,000,000 | - | - | - | - | - | - | - | - | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 38,986,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Bloomberg Lp's Industry?
How Carbon Intensive is Bloomberg Lp's Location?
Bloomberg Lp's Scope 3 Categories Breakdown
Bloomberg Lp's Scope 3 emissions, which decreased by 3% last year and increased by approximately 104% since 2007, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 61% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 75% of Scope 3 emissions.
Top Scope 3 Categories
Bloomberg Lp'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.
Bloomberg Lp has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Bloomberg Lp's sustainability data and climate commitments