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Federal Reserve Bank of New York
Financial IntermediationUnited States
Last verified 11 months agonewyorkfed.org
The **Federal Reserve Bank of New York (FRBNY)**, commonly known as the **New York Fed**, is a crucial component of the United States' central banking infrastructure. Established in 1914 and headquartered in the US, it serves the Second Federal Reserve District, playing a significant role in both domestic and international financial markets.
As a leader in **financial intermediation services**, the FRBNY is instrumental in implementing **monetary policy**, fostering **financial stability**, and supervising critical **financial institutions**. Its unique mandate includes conducting **open market operations** and operating vital **payment systems**, making it an indispensable pillar of the **Federal Reserve System** and the broader global economy.
23
DitchCarbon score
-14 vs industry average
Federal Reserve Bank of New York’s score of 23 is lower than 28% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Reported emissions
No reported emissions data is available for Federal Reserve Bank of New York yet.
Federal Reserve Bank of New York's reported carbon emissions
The Federal Reserve Bank of New York, a US-based financial intermediation services provider, currently lacks publicly available carbon emissions data. However, as a prominent institution in the financial sector, it is expected to align with broader climate commitments and contribute to sustainable practices within its industry. The organisation has not published specific emissions reduction targets or joined initiatives like the Science Based Targets initiative (SBTi) as an independent entity. Without specific data, a detailed analysis of its carbon footprint or progress towards emissions reductions is not possible at this time.
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Federal Reserve Bank of New York’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Federal Reserve Bank of New York yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Federal Reserve Bank of New York11 months ago
23
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