Harrison Street

Harrison Street, a financial intermediation services firm headquartered in the US, has reported its carbon emissions and outlined climate commitments. For the reporting year 2024, the company recorded total emissions of approximately 2.84 billion kg CO2e. This includes Scope 1 emissions of about 1,000 kg CO2e and Scope 2 emissions of approximately 293.3 million kg CO2e (market-based). Scope 3 emissions for 2024 were around 276.3 million kg CO2e, with business travel accounting for 759,000 kg CO2e, employee commute for 246,000 kg CO2e, and waste generated in operations at 1,005 kg CO2e.

In 2023, Harrison Street's total emissions were approximately 417.8 million kg CO2e, comprising Scope 1 emissions of 900 kg CO2e, Scope 2 emissions of about 274.3 million kg CO2e (market-based), and Scope 3 emissions of approximately 101.2 million kg CO2e.

The firm has set a significant climate target: to reduce its emissions by 70% by 2025, using a 2020 baseline. This target applies to total Scope 3 emissions and all scopes. As of the latest reporting, Harrison Street had achieved a 43% firmwide carbon reduction compared to its 2020 baseline.

Previous years' emissions data (2022, 2021) also show Scope 1, 2, and 3 emissions figures. For instance, in 2022, total emissions were approximately 485.6 million kg CO2e, with Scope 1 at about 1,000 kg CO2e, Scope 2 at roughly 236.4 million kg CO2e (market-based), and Scope 3 at approximately 153.8 million kg CO2e. In 2021, total emissions were around 187.8 million kg CO2e, with Scope 1 at 2,100 kg CO2e, Scope 2 at approximately 197 million kg CO2e (market-based), and Scope 3 at about 112.3 million kg CO2e.

Harrison Street's reporting indicates that certain Scope 3 categories, such as purchased goods and services, are missing from their disclosed data. The company's climate commitments are not cascaded from a parent organisation, and the provided data suggests direct reporting.