StepStone Group Inc., a prominent player in the investment management industry, is headquartered in the United States. Founded in 2007, the firm has established itself as a leader in private markets, specialising in private equity, real estate, infrastructure, and credit. With a global presence, StepStone operates across key regions including North America, Europe, and Asia-Pacific, providing tailored investment solutions to institutional clients. The company is renowned for its comprehensive research capabilities and innovative approach to portfolio construction, which sets it apart in a competitive landscape. StepStone's commitment to delivering superior risk-adjusted returns has earned it a strong market position, with notable achievements in fund performance and client satisfaction. As a trusted partner, StepStone Group continues to shape the future of private market investing.
How does StepStone Group Inc.'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.
StepStone Group Inc.'s score of 32 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, StepStone Group Inc. reported total carbon emissions of approximately 16,813,000 kg CO2e. This figure includes Scope 2 emissions of about 313,000 kg CO2e and significant Scope 3 emissions, which accounted for approximately 16,500,000 kg CO2e. Notably, the company had no reported Scope 1 emissions. Comparatively, in 2021, StepStone's total emissions were about 6,838,000 kg CO2e, with Scope 2 emissions at approximately 485,000 kg CO2e and Scope 3 emissions around 6,353,000 kg CO2e. This indicates a substantial increase in total emissions from 2021 to 2022. StepStone has set a near-term reduction target for its Scope 2 emissions, aiming to decrease them from 485,000 kg CO2e in 2021 to 313,000 kg CO2e in 2022, representing a reduction of about 35.4%. This commitment reflects the company's focus on improving its energy efficiency and reducing its carbon footprint in line with industry standards. Overall, while StepStone Group Inc. has made strides in setting reduction targets, the significant rise in total emissions from 2021 to 2022 highlights the ongoing challenges in managing carbon outputs, particularly in Scope 3 emissions, which are often the most difficult to control.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 485,000 | 000,000 |
Scope 3 | 6,353,000 | 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.
StepStone Group Inc. 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.