Pershing LLC, a leading provider of financial services, is headquartered in the United States and operates extensively across North America and Europe. Founded in 1939, the firm has established itself as a key player in the financial services industry, particularly in clearing and custody solutions for broker-dealers and investment advisors. Pershing offers a comprehensive suite of services, including trade execution, risk management, and technology solutions, which are tailored to meet the diverse needs of its clients. Its commitment to innovation and client service has positioned it as a trusted partner in the financial sector. Notably, Pershing has received accolades for its operational excellence and has consistently ranked among the top firms in its field, underscoring its significant market presence and reputation for reliability.
How does Pershing LLC'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.
Pershing LLC's score of 64 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pershing LLC, headquartered in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is a current subsidiary of The Bank of New York Mellon Corporation, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Pershing LLC, it is important to note that emissions data and performance metrics may be inherited from its parent company. The Bank of New York Mellon Corporation, at a cascade level of 2, is responsible for any relevant climate initiatives and disclosures that may impact Pershing's environmental strategy. As a part of the financial services industry, Pershing LLC is likely to align with broader corporate sustainability trends, including potential commitments to reduce carbon emissions and enhance climate resilience. However, without specific data or targets, the company's individual climate commitments remain unclear.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 9,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 107,972,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 19,700,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Pershing LLC's Scope 3 emissions, which increased by 646% last year and increased by approximately 144% since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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.
Pershing LLC 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.