Lazard Asset Management
Lazard Asset Management, a prominent player in the global investment landscape, is headquartered in the United States, with significant operations across Europe, Asia, and other key markets. Founded in 1848, the firm has established a rich history of providing innovative investment solutions, focusing on equity, fixed income, and alternative strategies. Lazard's unique approach combines deep local insights with a global perspective, enabling clients to navigate complex financial environments effectively. The firm is renowned for its commitment to active management and its ability to deliver tailored investment strategies that align with client objectives. With a strong market position, Lazard Asset Management has garnered recognition for its performance and client-centric philosophy, making it a trusted partner for institutional and individual investors alike.
DitchCarbon Score
How does Lazard Asset Management'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 Asset Management's score of 32 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lazard Asset Management's reported carbon emissions
In 2023, Lazard Asset Management reported total carbon emissions of approximately 861,000 kg CO2e. This figure includes 24,000 kg CO2e from Scope 1 emissions, 100,000 kg CO2e from Scope 2 emissions, and 737,000 kg CO2e from Scope 3 emissions. Over the years, Lazard has demonstrated a significant reduction in emissions. For instance, in 2022, their total emissions were about 21,634,000 kg CO2e, which indicates a substantial decrease in emissions by approximately 20,773,000 kg CO2e from 2022 to 2023. In previous years, their emissions were notably higher, with 2021 reporting 8,219,000 kg CO2e, 2020 at 9,684,000 kg CO2e, and 2019 at 22,435,000 kg CO2e. The trend shows a consistent effort towards reducing their carbon footprint, particularly in Scope 1 and Scope 2 emissions. Despite the positive trajectory in emissions reduction, Lazard has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or similar frameworks. Their climate commitments remain vague, with no documented reduction targets available. Overall, Lazard Asset Management's recent emissions data reflects a proactive approach to climate responsibility, aligning with industry standards for sustainability and carbon management.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,541,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 00,000 |
| Scope 2 | 6,617,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 000,000 |
| Scope 3 | 28,597,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 Asset Management 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.
