State Street
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
State Street's score of 53 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
State Street's reported carbon emissions
In 2023, State Street reported total carbon emissions of approximately 346,177,200 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 346,177,200 kg CO2e. Scope 1 emissions were approximately 54,038,600 kg CO2e, while Scope 2 emissions totalled about 42,153,500 kg CO2e. Over the previous years, State Street has shown a trend of decreasing emissions. For instance, in 2022, total emissions were about 95,725,000 kg CO2e, down from approximately 111,956,000 kg CO2e in 2020. This reduction reflects a commitment to improving their carbon footprint, although specific reduction targets or initiatives have not been disclosed. State Street's emissions data indicates a focus on transparency, as they have reported emissions across all three scopes (1, 2, and 3). However, there are currently no documented reduction targets or climate pledges available, suggesting that while they are tracking emissions, they may need to establish more formal commitments to climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 9,814,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 78,678,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
| Scope 3 | 95,888,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
State Street 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.
