Blackstone

Blackstone's carbon footprint for 2024 was approximately 13.75 million kg CO2e. This figure includes Scope 1 and Scope 2 emissions, which totalled approximately 13.28 million kg CO2e (market-based). Scope 3 emissions in 2024 were approximately 468,000 kg CO2e, primarily from business travel (approximately 13.05 million kg CO2e) and employee commute (approximately 5.98 million kg CO2e).

In 2023, Blackstone's total emissions were approximately 13.67 million kg CO2e, with Scope 1 and 2 emissions at approximately 13.23 million kg CO2e (market-based) and Scope 3 emissions at approximately 446,000 kg CO2e.

Blackstone has set a long-term commitment to achieve net zero emissions by 2050, covering both Scope 1 and Scope 2 emissions. Previously, Link Logistics, an operator of logistics real estate assets and a part of Blackstone's portfolio, had committed to achieving carbon-neutral operations by 2025 for both Scope 1 and Scope 2. Additionally, an Emissions Reduction Program was implemented in January 2021, aiming to reduce Scope 1 and Scope 2 carbon emissions by 15% in aggregate over the first three years of ownership for new assets where Blackstone controls energy usage.

The company's reported emissions data for 2020 to 2024 spans Scope 1, 2, and 3 emissions. Key Scope 3 categories reported include business travel, employee commute, upstream leased assets, and waste generated in operations. There is a noted missing data point for scope 3/purchased goods and services across these reporting years. Blackstone Inc. is the source organisation for the cascaded data, with a cascade level of 0.