Shearman & Sterling LLP, a prominent global law firm, is headquartered in the United States, with significant operations across Europe, Asia, and the Middle East. Founded in 1873, the firm has established itself as a leader in the legal industry, specialising in areas such as mergers and acquisitions, capital markets, and financial services. Renowned for its commitment to client service and innovative legal solutions, Shearman & Sterling offers a unique blend of expertise and global reach. The firm has achieved notable milestones, including recognition for its work in complex cross-border transactions and regulatory matters. With a strong market position, Shearman & Sterling continues to be a trusted advisor to clients worldwide, delivering exceptional legal counsel that meets the demands of an ever-evolving business landscape.
How does Shearman & Sterling'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 Other 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.
Shearman & Sterling's score of 3 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Shearman & Sterling has not disclosed specific carbon emissions figures for recent years, including 2020 and beyond. The most recent emissions data available is from 2019, where the firm reported a Scope 1 and 2 intensity of approximately 75.0 kg CO2e per unit of output. The firm has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) nor has it made any specific climate pledges. This lack of disclosed reduction initiatives suggests that Shearman & Sterling may still be in the early stages of formalising its climate commitments. In the context of the legal industry, many firms are increasingly recognising the importance of addressing climate change and are setting ambitious targets to reduce their carbon footprints. However, without specific data or commitments from Shearman & Sterling, it remains unclear how they plan to align with these industry trends.
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.
Shearman & Sterling 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.