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Services Auxiliary to Financial Intermediation
US
updated 4 days ago

State Street

Company website

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.

43

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.

31

Industry Benchmark

State Street's score of 43 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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State Street's reported carbon emissions

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 relevant scopes. State Street has set ambitious carbon reduction targets, aiming for a 46.2% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline year. This commitment underscores their dedication to mitigating climate impact and aligns with industry standards for sustainability. In previous years, State Street has also made strides in emissions reduction, having committed to a 20% decrease in greenhouse gas emissions per person by 2020 compared to a 2012 baseline. This initiative demonstrates their ongoing efforts to enhance sustainability practices. The emissions data and reduction targets are sourced directly from State Street Corporation, ensuring accuracy and relevance in their climate commitments.

Unlock detailed emissions data

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

20162018201920202021202220232025
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. State Street's primary industry is Services auxiliary to financial intermediation (67), 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 State Street 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.

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.

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

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Where does DitchCarbon data come from?

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