Skadden, Arps, Slate, Meagher & Flom LLP, commonly known as Skadden, is a leading global law firm headquartered in New York, US. Founded in 1948, Skadden has established itself as a powerhouse in the legal industry, with a strong presence in major operational regions including Europe and Asia. The firm is renowned for its expertise in corporate law, mergers and acquisitions, and litigation, offering a unique blend of innovative legal solutions and strategic counsel. With a commitment to excellence, Skadden has achieved numerous accolades, consistently ranking among the top law firms worldwide. Its core services encompass transactional advisory, regulatory compliance, and dispute resolution, setting it apart through a client-centric approach and a deep understanding of complex legal landscapes. Skadden's impressive track record and market position underscore its reputation as a trusted advisor to leading corporations and financial institutions globally.
How does Skadden'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.
Skadden's score of 26 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Skadden, headquartered in the US, has set ambitious climate commitments aimed at significantly reducing its carbon footprint. Although specific emissions data is currently unavailable, the firm has established a target to achieve a 50% reduction in its carbon emissions across Scopes 1 and 2 by the year 2030. This commitment reflects Skadden's proactive approach to environmental sustainability, focusing on both direct emissions (Scope 1) and indirect emissions from purchased electricity (Scope 2). The reduction initiative is set to commence in 2023, demonstrating Skadden's dedication to addressing climate change and enhancing its environmental performance. As the firm progresses towards its targets, it aims to contribute positively to the broader industry efforts in mitigating carbon emissions.
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.
Skadden 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.
