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OrganisationsState Street Global Advisors
State Street Global Advisors logo

State Street Global Advisors

Services Auxiliary to Financial IntermediationUnited States
Last verified 10 months agossga.com

State Street Global Advisors (SSGA) is a leading provider of investment management and financial services, headquartered in the United States. As a prominent player within the industry of services auxiliary to financial intermediation, SSGA specialises in offering a wide range of asset management solutions to institutional and individual clients worldwide. Since its founding in 1978, the firm has established a strong market presence, recognised for its innovative index and active investment strategies.

With a focus on transparency, risk management, and client-centric solutions, SSGA’s core offerings include ETFs, mutual funds, and customised investment portfolios. Its global footprint spans major financial centres, enabling it to deliver tailored services across North America, Europe, and Asia. Notable for its leadership in passive investing and sustainable finance, State Street Global Advisors continues to shape the future of asset management through industry expertise and a commitment to excellence.

38
DitchCarbon score

+2 vs industry average

State Street Global Advisors’s score of 38 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2029

000.0M000.0M000.0M000.0M0

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2020202120222023202420252026202720282029

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

State Street Global Advisors's reported carbon emissions

State Street Global Advisors (SSGA), an organisation in the Services auxiliary to financial intermediation (67) industry headquartered in the US, has provided carbon emissions data across multiple scopes.

For the reporting year 2026, SSGA reported total Scope 1 emissions of approximately 387,140 kg CO2e, Scope 2 emissions of about 2,582,280 kg CO2e, and Scope 3 emissions of approximately 9,579,710 kg CO2e.

In 2025, SSGA's emissions were considerably higher: Scope 1 emissions stood at approximately 37,025,080 kg CO2e, Scope 2 emissions at about 18,743,980 kg CO2e, and Scope 3 emissions at approximately 292,247,130 kg CO2e.

Looking at historical data, in 2020, total emissions were reported as approximately 111,956,000 kg CO2e, with Scope 1 at about 7,420,000 kg CO2e, Scope 2 at approximately 67,049,000 kg CO2e, and Scope 3 at about 37,488,000 kg CO2e. In 2019, total emissions were approximately 175,543,000 kg CO2e, comprising Scope 1 of about 8,943,000 kg CO2e, Scope 2 of approximately 75,728,000 kg CO2e, and Scope 3 of about 90,872,000 kg CO2e. Emissions in 2018 were around 184,380,000 kg CO2e (Scope 1: 9,814,000 kg CO2e, Scope 2: 78,678,000 kg CO2e, Scope 3: 95,888,000 kg CO2e), and in 2017, total emissions were approximately 196,148,000 kg CO2e (Scope 1: 9,680,000 kg CO2e, Scope 2: 90,185,000 kg CO2e, Scope 3: 96,283,000 kg CO2e).

SSGA has established several climate commitments. Notably, they aim to reduce financed Scope 1 and 2 carbon emissions intensity by 50% by 2030, using 2019 as the baseline for portfolio-level intensity. Furthermore, SSGA is committed to increasing Assets Under Management (AUM) invested in material sectors (carbon-intensive sectors) that are either achieving net zero or aligned with net zero to 100% by 2040.

It's important to note that some of SSGA's data, including performance data, is inherited from its corporate family, specifically State Street Global Advisors, Inc. Additionally, their CDP reporting stems from State Street Corporation.

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State Street Global Advisors’s Climate Goals (2030 & 2050)

3 goals

2040

Increase AUM invested in assets in material sectors (carbon-…

Increase AUM invested in assets in material sectors (carbon-intensive sectors) that are (i) achieving net zero or (ii) aligned to net zero t…

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
State Street Global Advisors logoState Street Global Advisors
USServices Auxiliary to Financial Intermediation
10 months ago
38
Amundi S.A. logoAmundi S.A.
FRFinancial Intermediation
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Dws logoDws
DEFinancial Intermediation
2 hours ago
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Allianz Asset Management of America L.P. logoAllianz Asset Management of America L.P.
USFinancial Intermediation
52 minutes ago
51
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JPMorgan Chase & Co logoJPMorgan Chase & Co
USFinancial Intermediation
2 hours ago
47
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Goldman Sachs Asset Management, L.P. logoGoldman Sachs Asset Management, L.P.
USFinancial Intermediation
1 hour ago
46
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Morgan Stanley Investment Management Inc. logoMorgan Stanley Investment Management Inc.
USFinancial Intermediation
55 minutes ago
43
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