Public Profile

Bloomberg Lp

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.

49

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.

3

Industry Benchmark

Bloomberg Lp's score of 49 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Bloomberg Lp's reported carbon emissions

In 2023, Bloomberg LP reported significant carbon emissions, totalling approximately 12254,000 kg CO2e for Scope 1, 50981,000 kg CO2e for Scope 2, and 86197,000 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their environmental impact, with a total of about 149432,000 kg CO2e across all scopes. Bloomberg has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2040, using 2018 as the baseline year. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 80% by 2030 and to increase its sourcing of renewable electricity from 17% in 2018 to 100% by 2025. Additionally, Bloomberg aims to cut absolute Scope 3 emissions by 30% by 2030. Long-term goals include a further reduction of 90% in absolute Scope 1 and 2 emissions by 2040, alongside a similar 90% reduction in Scope 3 emissions. These targets align with the science-based criteria necessary to limit global warming to 1.5°C, demonstrating Bloomberg's commitment to sustainable practices and climate leadership.

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200720082009201020112012201320142015201620182020202120222023
Scope 1
6,085,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
0,000,000
00,000,000
0,000,000
0,000,000
00,000,000
0,000,000
0,000,000
0,000,000
00,000,000
Scope 2
102,084,000
000,000,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
39,367,000
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bloomberg Lp's primary industry is Printed matter and recorded media (22), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Bloomberg Lp is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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 committed to some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers