Cleary Gottlieb Steen And Hamilton

Cleary Gottlieb Steen And Hamilton, a US-headquartered firm in the 'Other business services' sector, reported total Scope 1, 2, and 3 carbon emissions of approximately 32.1 million kg CO2e for 2024. This includes about 472,000 kg CO2e from Scope 1, approximately 268,000 kg CO2e from market-based Scope 2, and around 31.3 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions include purchased goods and services (approximately 14.96 million kg CO2e), business travel (around 8.26 million kg CO2e), and capital goods (about 6.34 million kg CO2e).

For 2023, the firm reported Scope 1 emissions of approximately 474,000 kg CO2e and market-based Scope 2 emissions of about 255,000 kg CO2e. Scope 3 data was not fully disclosed for 2023, with specific categories such as purchased goods and services, business travel, and employee commute missing.

Cleary Gottlieb Steen And Hamilton has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The firm aims to reach net-zero greenhouse gas emissions across its value chain by 2040.

Its near-term targets, from a 2022 base year, include a 75% reduction in absolute Scope 1 and 2 GHG emissions by 2030, and a 42% reduction in absolute Scope 3 GHG emissions within the same timeframe. For the long term, the firm commits to reducing absolute Scope 1 and 2 GHG emissions by 95% by 2040 from the 2022 base year, alongside a 90% reduction in absolute Scope 3 GHG emissions by 2040.