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State Street Corporation, commonly referred to as State Street, is a leading provider of services auxiliary to financial intermediation, headquartered in the United States. Founded in 1792, the company has established a strong presence in major financial hubs, including Boston, London, and Hong Kong.
Specialising in investment servicing, investment management, and research and trading, State Street offers a unique suite of products designed to meet the diverse needs of institutional investors. The firm is renowned for its innovative technology solutions and commitment to operational excellence, positioning it as a trusted partner in the financial services industry.
With a rich history and a focus on sustainability, State Street has achieved significant milestones, including its role as a pioneer in ESG investing. Today, it stands as a formidable player in the global financial landscape, serving clients across various sectors with a dedication to enhancing investment outcomes.
+25 vs industry average
State Street’s score of 62 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
The Services Auxiliary to Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
State Street's latest reported emissions data shows approximately 107,881,710 kg CO2e for Scope 1 emissions, 23,740,380 kg CO2e for Scope 2 emissions, and 1,218,695,180 kg CO2e for Scope 3 emissions in 2026. In 2025, the company reported total emissions of approximately 34,734,470 kg CO2e, comprising about 8,022,940 kg CO2e in Scope 1, 717,860 kg CO2e in Scope 2, and 26,011,490 kg CO2e in Scope 3.
For 2024, State Street's Scope 1 emissions were approximately 4,813,000 kg CO2e, and Scope 2 (location-based) emissions were about 51,651,000 kg CO2e. Scope 3 emissions for 2024 included approximately 11,183,000 kg CO2e from business travel, 44,085,000 kg CO2e from employee commute, 238,530,000 kg CO2e from purchased goods and services, 136,000 kg CO2e from waste generated in operations, and 15,735,000 kg CO2e from fuel and energy-related activities.
In terms of climate commitments, State Street has set a near-term absolute reduction target for Scope 1 emissions of 46.2% by 2030, against a 2019 baseline. A similar near-term absolute reduction target of 46.2% by 2030 has been set for Scope 2 emissions, also against a 2019 baseline. Furthermore, the company previously committed to decreasing its Scope 1 and Scope 2 greenhouse gas emissions by 20% per person by 2020, compared to a 2012 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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