LAZARD
Lazard Ltd, commonly referred to as Lazard, is a leading financial advisory and asset management firm headquartered in the United States. Established in 1848, Lazard has built a formidable reputation in the global financial services industry, with significant operations in major financial centres including London, New York, and Hong Kong. The firm primarily focuses on providing strategic financial advice, mergers and acquisitions (M&A) advisory, and asset management services. Lazard distinguishes itself through its deep industry expertise and a client-centric approach, catering to a diverse clientele ranging from corporations to governments. With a rich history marked by key milestones, Lazard has consistently maintained a strong market position, recognised for its innovative solutions and commitment to excellence in financial advisory services.
DitchCarbon Score
How does LAZARD'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.
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.
Industry Benchmark
LAZARD's score of 33 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LAZARD's reported carbon emissions
In 2023, LAZARD reported total carbon emissions of approximately 25.1 million tonnes CO2e. This figure includes 1.27 million tonnes from Scope 1 emissions, 5.05 million tonnes from Scope 2, and a significant 18.8 million tonnes from Scope 3 emissions. Over the years, LAZARD has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 21.6 million tonnes CO2e, with Scope 1 at 1.29 million tonnes, Scope 2 at 5.23 million tonnes, and Scope 3 at 15.12 million tonnes. The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Overall, while LAZARD's emissions data reflects a complex landscape of carbon output, the lack of defined reduction strategies suggests an opportunity for the firm to enhance its climate commitments in alignment with industry standards.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,491,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,673,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 5,919,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
LAZARD is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
