Institutional Shareholder Services Inc. (ISS) is a leading provider of corporate governance and responsible investment solutions, headquartered in the United States. Founded in 1985, ISS has established itself as a pivotal player in the financial services industry, particularly in the realms of proxy advisory and ESG (Environmental, Social, and Governance) research. With a strong presence in North America, Europe, and Asia, ISS offers a suite of services that includes proxy voting recommendations, governance ratings, and ESG analytics. What sets ISS apart is its comprehensive approach to helping institutional investors navigate complex governance issues and make informed decisions. Recognised for its influential role in shaping shareholder engagement, ISS has achieved notable milestones, including the development of innovative tools that enhance transparency and accountability in corporate practices. As a trusted partner for institutional investors, ISS continues to lead the market in governance solutions, driving positive change across the investment landscape.
How does Institutional Shareholder Services'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 Business Services 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.
Institutional Shareholder Services's score of 57 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Institutional Shareholder Services (ISS), headquartered in the United States, reported total carbon emissions of approximately 8,831,000 kg CO2e. This figure includes Scope 1 emissions of about 15,000 kg CO2e, Scope 2 emissions of approximately 356,000 kg CO2e, and significant Scope 3 emissions totalling around 8,831,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (about 8,588,000 kg CO2e), employee commuting (approximately 1,476,000 kg CO2e), and business travel (around 537,000 kg CO2e). Comparatively, in 2022, ISS's total emissions were about 10,712,000 kg CO2e, with Scope 1 emissions at approximately 16,000 kg CO2e and Scope 2 emissions around 303,000 kg CO2e. The Scope 3 emissions for that year were reported at about 10,393,000 kg CO2e. ISS has committed to achieving net-zero emissions by 2050, with targets cascaded from its parent company, Institutional Shareholder Services Inc. This long-term commitment encompasses all scopes of emissions. The company is currently on track to meet its near-term targets, although specific reduction percentages have not been disclosed. Overall, ISS's climate strategy reflects a proactive approach to managing carbon emissions, aligning with industry standards and expectations for sustainability in the professional services sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000 | 00,000 |
| Scope 2 | 2,365,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 9,339,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
Institutional Shareholder Services's Scope 3 emissions, which decreased by 15% last year and decreased by approximately 5% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 97% of Scope 3 emissions.
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.
Institutional Shareholder Services has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Common questions about Institutional Shareholder Services's sustainability data and climate commitments