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.
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.
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.
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.
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, indicating a substantial decrease in emissions by approximately 20,773,000 kg CO2e from 2022 to 2023. Lazard's emissions data reveals a consistent commitment to transparency, as they disclose emissions across all three scopes. However, there are currently no specific reduction targets or initiatives outlined in their reports. The firm continues to engage with climate-related financial disclosures, reflecting an ongoing commitment to sustainability and climate responsibility.
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 |
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.