State Street

Sustainability Report and Carbon Intensity Rankings

Is State Street doing their part?

Their DitchCarbon score is 53

State Street has a DitchCarbon Score of 53, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon they emit relative to their size and output. A higher score would suggest better performance in reducing carbon intensity and enhancing sustainability efforts.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

State Street is a company in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

State Street, located in the United States, operates in a region with a low carbon intensity rating, indicating a relatively smaller carbon footprint for energy use. This suggests that the company’s sustainability efforts are positively influenced by the country’s lower reliance on high-carbon energy sources.
2.17%

...this company is doing 2.17% better in emissions than the industry average.

State Street is a prominent financial services provider headquartered in Boston, Massachusetts, and was founded in 1792. Operating within the finance sector, the company specializes in serving institutional investors with a suite of services including investment management, research and trading, and investment servicing. State Street is dedicated to addressing the unique needs of diverse clients such as asset managers, insurance companies, pension funds, and official institutions, aiming to enhance their performance over time.

emission intelligence's platform recommendations for State Street

State Street should explore opportunities for fuel switching in transportation and operations to potentially reduce their emissions by 15%.

Bad news, State Street hasn't committed to SBTi goals yet

State Street has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global efforts to mitigate climate change.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

1. Reputation and Brand Image

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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