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.
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.
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.
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.
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 net-zero target across its value chain by 2040, based on a 2018 baseline. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 80% by 2030 and Scope 3 emissions by 30% within the same timeframe. Furthermore, Bloomberg aims to achieve a 90% reduction in absolute Scope 1, 2, and 3 emissions by 2040. These targets are validated by the Science Based Targets initiative (SBTi) and reflect Bloomberg's commitment to sustainable practices within the software and services sector. The data reported is cascaded from the parent organization, Bloomberg L.P., ensuring consistency and accountability in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.
Bloomberg Lp is participating in some of the initiatives that 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.
