State Street Global Advisors (SSGA), a leading investment management firm headquartered in the United States, has been a pivotal player in the financial services industry since its founding in 1978. With a strong presence in major operational regions including North America, Europe, and Asia-Pacific, SSGA offers a diverse range of investment solutions tailored to meet the needs of institutional investors. Specialising in asset management, SSGA is renowned for its innovative exchange-traded funds (ETFs) and index strategies, which leverage advanced technology and data analytics. The firm’s commitment to responsible investing and sustainability sets it apart in a competitive market. As a subsidiary of State Street Corporation, SSGA has consistently achieved notable milestones, including being one of the largest asset managers globally, with a robust portfolio that underscores its market leadership and expertise.
How does State Street Global Advisors'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 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.
State Street Global Advisors's score of 18 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, State Street Global Advisors has not disclosed specific carbon emissions data. However, their previous emissions data indicates a significant reduction trend in their carbon footprint over the years. In 2020, the company reported emissions of approximately 7,420,000 kg CO2e for Scope 1, 67,049,000 kg CO2e for Scope 2, and 37,488,000 kg CO2e for Scope 3. This represents a notable decrease from 2017, when emissions were about 9,680,000 kg CO2e (Scope 1), 90,185,000 kg CO2e (Scope 2), and 96,283,000 kg CO2e (Scope 3). The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The trend in their emissions data suggests a proactive approach to reducing their carbon footprint, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Scope 1 | 9,680,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 90,185,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 96,283,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 Global Advisors is committed to some 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.