Northstar Sustainability Profile
Northstar, also known as Northstar Financial Services, is a prominent player in the financial services industry, headquartered in the United States. Founded in 2000, the company has established itself as a leader in providing innovative investment solutions and wealth management services, primarily serving clients across North America. With a focus on tailored financial strategies, Northstar offers a range of core products, including investment advisory services, retirement planning, and asset management. What sets Northstar apart is its commitment to personalised service and a client-centric approach, ensuring that each solution is aligned with individual financial goals. Recognised for its excellence, Northstar has achieved significant milestones, including numerous industry awards and a strong market position. The company continues to expand its operational reach, solidifying its reputation as a trusted partner in navigating the complexities of financial planning.
DitchCarbon Score
How does Northstar'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 Business Services 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
Northstar's score of 25 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Northstar's reported carbon emissions
In 2022, Northstar Group Services, Inc. reported significant carbon emissions, totalling approximately 322,910,000 kg CO2e for Scope 1 and about 478,687,000 kg CO2e for Scope 2. This data reflects the company's direct and indirect emissions from its operations, with no reported Scope 3 emissions. Currently, Northstar has not established specific reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of reduction commitments indicates a potential area for future improvement in their climate strategy. As a company headquartered in the US, Northstar's emissions data is not cascaded from any parent organisation, ensuring that the figures represent its own operational impact. The company is positioned within an industry increasingly focused on sustainability, highlighting the importance of developing robust climate commitments to align with global climate goals.
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| 2022 | |
|---|---|
| Scope 1 | 322,910,000 |
| Scope 2 | 478,687,000 |
| Scope 3 | - |
How Carbon Intensive is Northstar's Industry?
How Carbon Intensive is Northstar's Location?
Northstar's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Northstar has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
