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 53 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bloomberg LP reported significant carbon emissions, totalling approximately 122,540,000 kg CO2e across all scopes. This includes 12,254,000 kg CO2e from Scope 1, 50,981,000 kg CO2e from Scope 2, and 86,197,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, using 2018 as the baseline year. Bloomberg's near-term targets include an 80% reduction in absolute Scope 1 and 2 emissions by 2030 and a 30% reduction in Scope 3 emissions by the same year. Additionally, the company plans to increase its annual sourcing of renewable electricity from 17% in 2018 to 100% by 2025. Long-term, Bloomberg aims to achieve a 90% reduction in both Scope 1 and 2 emissions by 2040, as well as a 90% reduction in Scope 3 emissions. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Bloomberg's commitment to sustainability reflects its proactive approach to addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2018 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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.