Bloomberg Lp

Bloomberg Lp's reported carbon emissions

In 2024, Bloomberg L.P. reported total carbon emissions of approximately 131.2 million kg CO2e, comprising 7.2 million kg CO2e from Scope 1, 44.3 million kg CO2e from Scope 2, and 79.6 million kg CO2e from Scope 3 emissions. This represents a slight decrease from 2023, where total emissions were approximately 140.0 million kg CO2e. The company has set ambitious targets to reduce its emissions significantly, aiming for an 80% reduction in absolute Scope 1 and 2 emissions by 2030 and a 30% reduction in Scope 3 emissions by the same year, both from a 2018 baseline. Bloomberg is committed to achieving net-zero greenhouse gas emissions across its value chain by 2040. This commitment includes a long-term target of reducing absolute Scope 1, 2, and 3 emissions by 90% by 2040. The company also plans to increase its annual sourcing of renewable electricity from 17% in 2018 to 100% by 2025. These targets are part of Bloomberg's broader sustainability strategy, which is aligned with the Science Based Targets initiative (SBTi) and reflects its commitment to addressing climate change. The emissions data and reduction targets are cascaded from its parent organization, Bloomberg L.P., ensuring a unified approach to sustainability across its operations.