Public Profile

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.

32

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.

26

Industry Benchmark

Lazard Asset Management's score of 32 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

Let us know if this data was useful to you

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 around 8,219,000 kg CO2e, 2020 at approximately 9,684,000 kg CO2e, and 2019 at about 22,435,000 kg CO2e. The data shows a trend of decreasing emissions, particularly in Scope 1 and Scope 2 categories, although Scope 3 emissions remain a significant portion of their total emissions. Despite these reductions, Lazard has not publicly committed to specific science-based targets or reduction initiatives. Their climate commitments appear to be focused on ongoing monitoring and reporting of emissions rather than formalised reduction targets.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lazard Asset Management'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.

Location emissions intensity

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 Lazard Asset Management is in US, which has a low grid carbon intensity relative to other regions.

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 participating in any of the initiatives that 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.

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

Similar Organizations

Abrdn Holdings Limited

GB
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago
DitchCarbon Score

Franklin Resources

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

JPMorgan Chase & Co

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Lord, Abbett & Co. LLC

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Alliancebernstein

US
Services auxiliary to financial intermediation (67)
Updated 3 days ago

Massachusetts Financial Services Company

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago
DitchCarbon Score

Where does DitchCarbon data come from?

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