Reed Smith LLP, a prominent global law firm, is headquartered in the United States, with significant operations across Europe, the Middle East, and Asia. Founded in 1877, the firm has established itself as a leader in various sectors, including financial services, healthcare, and technology. Reed Smith is renowned for its comprehensive legal services, particularly in areas such as litigation, regulatory compliance, and transactional law. The firm’s commitment to client service and innovative solutions sets it apart in a competitive market. With a strong reputation for excellence, Reed Smith has achieved notable milestones, including recognition in prestigious legal rankings and awards. Its strategic focus on industry-specific practices positions the firm as a trusted advisor to clients navigating complex legal landscapes.
How does REED SMITH'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 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.
REED SMITH's score of 32 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, REED SMITH reported total carbon emissions of approximately 1,337,000 kg CO2e. This figure represents a significant reduction from 2019, when emissions were about 3,033,000 kg CO2e. The data does not specify emissions by scope (Scope 1, 2, or 3), indicating a lack of detailed breakdown in their reporting. REED SMITH has committed to ambitious climate targets through the Declaration on Climate Action in Tourism. The firm aims to halve its emissions by 2030 and achieve net zero by 2050, encompassing all scopes of emissions. This commitment reflects a proactive approach to addressing climate change and aligns with industry standards for sustainability. The emissions data is sourced directly from REED SMITH LLP, with no cascading from a parent organisation. The firm is actively working towards its climate goals, demonstrating a commitment to reducing its environmental impact in the legal sector.
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.
REED SMITH 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.