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Public Profile
Financial Intermediation
US
updated 7 months ago

Merrill Lynch & Co., Inc.

Company websiteClaim

Merrill Lynch & Co., Inc., commonly referred to as Merrill, is a leading financial services firm headquartered in the United States. Established in 1914, Merrill has evolved into a prominent player in the wealth management and investment banking sectors, serving clients across North America and globally. The firm offers a diverse range of services, including investment advisory, asset management, and brokerage services, distinguished by its commitment to personalised client solutions and innovative financial strategies. Merrill's strong market position is underscored by its extensive network and a reputation for excellence, making it a trusted partner for individuals and institutions alike. With a rich history of key milestones, Merrill continues to adapt and thrive in the ever-changing financial landscape.

DitchCarbon Score

How does Merrill Lynch & Co., Inc.'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.

40

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.

30

Industry Benchmark

Merrill Lynch & Co., Inc.'s score of 40 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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Merrill Lynch & Co., Inc.'s reported carbon emissions

Inherited from Bank of America Corporation

Merrill Lynch & Co., Inc., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is part of a corporate family relationship with Bank of America Corporation, from which it inherits emissions data and climate commitments. As a merged entity, Merrill Lynch's climate initiatives and performance metrics are influenced by Bank of America Corporation's sustainability strategies. However, no specific reduction targets or climate pledges have been outlined for Merrill Lynch itself. The absence of documented reduction initiatives suggests that the company may rely on broader corporate strategies established by its parent organisation. In the context of climate commitments, Merrill Lynch's performance is likely aligned with the overarching goals of Bank of America, which has made significant strides in addressing climate change. This includes participation in initiatives such as the Carbon Disclosure Project (CDP), from which it cascades relevant data. Overall, while specific emissions data for Merrill Lynch is not available, its climate commitments are expected to reflect the sustainability efforts of Bank of America Corporation, focusing on reducing carbon footprints and enhancing environmental responsibility within the financial services sector.

Unlock detailed emissions data

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

201020192020202120222023
Scope 1
106,870,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
1,644,068,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
Scope 3
1,450,834,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Merrill Lynch & Co., Inc.'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 Merrill Lynch & Co., Inc. is in US, which has a high 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.

Merrill Lynch & Co., Inc. 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

Where does DitchCarbon data come from?

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

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