State Street Corporation, commonly referred to as State Street, is a leading financial services provider headquartered in the United States. Founded in 1792, the company has established itself as a key player in the investment management and servicing industry, with significant operations across North America, Europe, and Asia. Specialising in asset management, investment research, and servicing solutions, State Street offers a unique blend of innovative technology and deep industry expertise. Its core products include investment management services, custodial services, and data analytics, which cater to a diverse clientele, including institutional investors and corporations. With a strong market position, State Street is recognised for its commitment to sustainability and responsible investing, making notable strides in environmental, social, and governance (ESG) practices. The company continues to evolve, leveraging its extensive experience to meet the dynamic needs of the global financial landscape.
How does State Street'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 Services Auxiliary to 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.
State Street's score of 46 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2025, State Street reported total carbon emissions of approximately 34,734,470 kg CO2e, comprising 8,022,940 kg CO2e from Scope 1, 717,860 kg CO2e from Scope 2, and a significant 26,011,490 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, including all three scopes. State Street has set ambitious reduction targets, aiming to decrease financed Scope 1 and 2 carbon emissions intensity by 50% by 2030, relative to a 2019 baseline. This target is part of a broader commitment to reduce absolute carbon emissions by 46.2% for both Scope 1 and Scope 2 by 2030, also based on 2019 levels. Additionally, the firm plans to increase its assets under management (AUM) in carbon-intensive sectors that are achieving or aligned with net zero to 100% by 2040. Historically, State Street committed to a 20% reduction in greenhouse gas emissions per person by 2020, compared to a 2012 baseline. This commitment demonstrates a long-standing dedication to sustainability and climate action. Overall, State Street's emissions data and reduction initiatives highlight its proactive stance in addressing climate change and its commitment to achieving significant emissions reductions in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 8,240,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 92,300,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 |
Scope 3 | 87,000,000 | 00,000,000 | - | - | - | - | 000,000,000 | 00,000,000 |
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.
State Street 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.