Ditchcarbon
  • Contact
  1. Organizations
  2. Federal Reserve Bank of New York
Public Profile
Financial Intermediation
US
updated a month ago

Federal Reserve Bank of New York Sustainability Profile

Company website

The Federal Reserve Bank of New York, often referred to as the New York Fed, is a pivotal institution in the United States' financial landscape. Established in 1914, it serves as one of the twelve regional banks of the Federal Reserve System, with its headquarters located in New York City. The New York Fed plays a crucial role in the implementation of monetary policy, financial supervision, and the provision of financial services. Operating primarily in the banking and finance industry, the New York Fed is renowned for its unique position in managing the nation’s monetary policy and overseeing the largest financial institutions. Its core services include conducting economic research, facilitating payment systems, and acting as a fiscal agent for the U.S. government. With a strong market position, the New York Fed is recognised for its influential role in global finance and its commitment to maintaining economic stability.

DitchCarbon Score

How does Federal Reserve Bank of New York'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.

23

Industry Average

Mean score of companies in the Financial Intermediation 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.

29

Industry Benchmark

Federal Reserve Bank of New York's score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

33%

Let us know if this data was useful to you

Federal Reserve Bank of New York's reported carbon emissions

In 2020, the Federal Reserve Bank of New York reported a weighted average carbon intensity of approximately 0.0002022 kg CO2e per USD of revenue, with an average CO2 emissions per capita of about 11,800 kg CO2e. This data reflects the bank's global emissions profile, although specific Scope 1, 2, and 3 emissions data were not disclosed. Over the years, the bank's carbon intensity has shown a slight increase, with values of approximately 0.0002194 kg CO2e per USD in 2019 and 0.0002306 kg CO2e per USD in 2018. The average CO2 emissions per capita also increased from about 13,400 kg CO2e in 2019 to approximately 14,100 kg CO2e in 2018. Currently, the Federal Reserve Bank of New York has not established any specific reduction targets or climate pledges, nor does it inherit emissions data from a parent organisation. The absence of documented reduction initiatives indicates a need for further commitment to climate action within the financial sector.

How Carbon Intensive is Federal Reserve Bank of New York's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Federal Reserve Bank of New York's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Federal Reserve Bank of New York's Location?

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. This request for Federal Reserve Bank of New York is in US, which has a low grid carbon intensity relative to other regions.

Federal Reserve Bank of New York's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Federal Reserve Bank of New York has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Federal Reserve Bank of New York's Emissions with Industry Peers

Government National Mortgage Association

US
•
Funds, trusts, and financial vehicles
Updated about 10 hours ago

International Monetary Fund

US
•
Services auxiliary to financial intermediation (67)
Updated 6 days ago

Orchid Island Capital, Inc.

US
•
Real estate services (70)
Updated 10 days ago

Freddie Mac

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Bank Of England

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Federal Reserve Bank of Chicago

US
•
Services auxiliary to financial intermediation (67)
Updated 4 days ago

Let us know if this data was useful to you

Where does DitchCarbon data come from?

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

Ditchcarbon
v251030.3
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy