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Financial Intermediation
US
updated 25 days ago

SSGA Funds Management, Inc.

Company website

SSGA Funds Management, Inc., commonly known as State Street Global Advisors (SSGA), is a leading investment management firm headquartered in the United States. Founded in 1978, SSGA has established itself as a key player in the asset management industry, with a strong presence in major operational regions including North America, Europe, and Asia-Pacific. Specialising in a diverse range of investment strategies, SSGA offers innovative solutions such as exchange-traded funds (ETFs), mutual funds, and customised investment strategies. Their commitment to research-driven investment approaches and risk management sets them apart in a competitive market. With over $3 trillion in assets under management, SSGA is recognised for its significant market position and notable achievements, including being one of the largest asset managers globally. The firm’s focus on responsible investing and sustainability further enhances its reputation as a forward-thinking leader in the financial services sector.

DitchCarbon Score

How does SSGA Funds Management, Inc.'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.

27

Industry Average

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.

30

Industry Benchmark

SSGA Funds Management, Inc.'s score of 27 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.

50%

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SSGA Funds Management, Inc.'s reported carbon emissions

Inherited from State Street Global Advisors, Inc.

SSGA Funds Management, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of State Street Corporation, which may influence its climate-related initiatives and commitments. While SSGA Funds Management, Inc. has not established its own reduction targets or climate pledges, it is important to note that it inherits data and initiatives from its parent company, State Street Corporation. This relationship may provide a framework for future climate commitments and emissions reporting. As part of the broader corporate family, SSGA Funds Management, Inc. may align with the sustainability goals set by State Street Global Advisors, Inc., which operates at a cascade level of 1. However, specific details regarding emissions reductions or climate strategies from these parent organisations have not been disclosed. In summary, SSGA Funds Management, Inc. currently lacks specific emissions data and reduction targets, but its affiliation with State Street Corporation suggests potential for future climate commitments and alignment with industry standards.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2025
Scope 1
37,025,080
Scope 2
18,743,980
Scope 3
292,247,130

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SSGA Funds Management, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for SSGA Funds Management, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

SSGA Funds Management, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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