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Public Profile
Financial Intermediation
US
updated 11 days ago

State Street Bank and Trust Company

Company website

State Street Bank and Trust Company, often referred to simply as State Street, is a leading financial services provider headquartered in the United States. Established in 1792, the bank has a rich history and has evolved into a key player in the investment management and servicing industry, with significant operations across North America, Europe, and Asia. Specialising in asset management, investment servicing, and financial data analytics, State Street offers a unique blend of innovative solutions tailored to institutional investors. Its core products include investment management services, custody, and fund administration, distinguished by a commitment to technology and client-centric strategies. Recognised for its strong market position, State Street consistently ranks among the largest asset managers globally, reflecting its dedication to excellence and a robust portfolio of services that cater to a diverse clientele.

DitchCarbon Score

How does State Street Bank and Trust Company'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.

23

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.

28

Industry Benchmark

State Street Bank and Trust Company's score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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State Street Bank and Trust Company's reported carbon emissions

State Street Bank and Trust Company, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The organisation is a current subsidiary and does not inherit emissions data from a parent company. In terms of climate commitments, there are no documented reduction targets or initiatives outlined in the provided information. This suggests that State Street Bank and Trust Company may not have established specific goals for reducing its carbon footprint or participating in recognised climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As a financial institution, State Street Bank and Trust Company operates within an industry increasingly focused on sustainability and climate action. However, without specific emissions data or reduction targets, it is challenging to assess their current impact or commitment to addressing climate change.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. State Street Bank and Trust Company'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 State Street Bank and Trust Company 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 Bank and Trust Company 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?

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

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