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.
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.
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.
State Street Bank and Trust Company's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
State Street Bank and Trust Company, headquartered in the US, currently does not have publicly available data on its carbon emissions, as there are no reported figures for emissions in kg CO2e. Additionally, there are no specified reduction targets or climate pledges outlined in their initiatives. In the context of the financial services industry, many institutions are increasingly committing to sustainability and carbon reduction strategies. However, without specific data or commitments from State Street Bank and Trust Company, it is unclear how they are addressing climate change or their carbon footprint. As the industry evolves, it is anticipated that State Street will align with broader climate goals and potentially establish measurable targets in the future.
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 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.