Blackstone Inc

Common Name
Blackstone
Country
United States
Sector
Financial Services
Industry
Asset Management
Employees
4,895
Ticker
BX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Blackstone Inc. is a leading global investment firm specializing in alternative asset management. Renowned for its innovative strategies and expansive reach across various markets, Blackstone focuses ...

Blackstone's GHG Emissions Data Preview

In 2024, Blackstone completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Blackstone has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Blackstone’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Blackstone’s data sources below and access millions more through our Disclosure Search.

a. Blackstone's Sustainability Report 2024
a. Blackstone's Sustainability Report 2024

Insights into Blackstone's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Blackstone amounted to 13,140 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Blackstone decreased by 0.17%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Blackstone's Scope 1 Emissions Over Time

2019202020212022202320240150300450600tCO2e+2%-3%+99%-18%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Blackstone's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Blackstone were 466 metric tons of CO₂ equivalent (tCO₂e). a

Has Blackstone reduced its Scope 1 emissions over time?

Since 2019, Blackstone's Scope 1 emissions have increased by 70.07%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Blackstone's Scope 1 emissions increased by 4.72%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Blackstone's Scope 2 emissions?

In 2024, Blackstone reported Scope 2 greenhouse gas (GHG) emissions of 12,818 tCO₂e using the market-based method and 12,674 tCO₂e using the location-based method. a

Has Blackstone reduced its Scope 2 emissions over time?

Since 2019, Blackstone's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 57.38%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Blackstone's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Blackstone 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Blackstone use for Scope 2 reporting?

In 2024, Blackstone reported its Scope 2 emissions using the market-based method and using the location-based method. a

Blackstone's Scope 2 Emissions Over Time

20192020202120222023202403.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Blackstone's Value Chain Emissions

In 2024, Blackstone reported 19,722 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Blackstone includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Blackstone's Scope 3 Emissions Over Time

20192020202120222023202405 k10 k15 k20 ktCO2e-73%+96%+103%+6%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Blackstone's Scope 3 emissions?

In 2024, Blackstone reported total Scope 3 emissions of 19,722 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Blackstone reduced its Scope 3 emissions over time?

Since 2019, Blackstone's Scope 3 emissions have increased by 18.58%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Blackstone's Scope 3 emissions remained relatively stable, indicating that Blackstone 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Blackstone disclose?

In 2024, Blackstone reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Blackstone's Scope 3 emissions?

In 2024, the largest contributors to Blackstone's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 13,048 tCO₂e (66.16%)
  • Employee Commuting (Cat. 7): 5,976 tCO₂e (30.3%)
  • Waste Generated in Operations (Cat. 5): 662 tCO₂e (3.36%)

Blackstone's Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(3.4%)Business Travel(Cat. 6)(66.2%)Employee Commuting(Cat. 7)(30.3%)

Insights into Blackstone’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Blackstone reported Scope 1 greenhouse gas (GHG) emissions of 466 tCO₂e and total revenues of USD 10,939 millions. This translates into an emissions intensity of 0.04 tCO₂e per millions USD. a

Blackstone's Scope 1 Emissions Intensity Compared to Peers

5202002,00020,000Scope 1 Emissions (tCO2e)1005002,00020,00050,000Revenues (Millions of USD)ATEAAres ManagementYear: 2023Scope 1: 47 tCO2eRevenue: $M 5,000Scope 1 Intensity: 0.01 tCO2e/$MBlue Owl CapitalYear: 2024Scope 1: 6 tCO2eRevenue: $M 2,308Scope 1 Intensity: 0.00 tCO2e/$MInvescoYear: 2024Scope 1: 585 tCO2eRevenue: $M 6,068Scope 1 Intensity: 0.10 tCO2e/$MPrincipal Financial GroupYear: 2024Scope 1: 5,015 tCO2eRevenue: $M 16,130Scope 1 Intensity: 0.31 tCO2e/$MAAArtisan PartnersYear: 2024Scope 1: 106 tCO2eRevenue: $M 1,112Scope 1 Intensity: 0.10 tCO2e/$MSEI InvestmentsYear: 2023Scope 1: 117 tCO2eRevenue: $M 1,921Scope 1 Intensity: 0.06 tCO2e/$MTTTPGYear: 2023Scope 1: 287 tCO2eRevenue: $M 1,817Scope 1 Intensity: 0.16 tCO2e/$MApollo Global ManagementYear: 2024Scope 1: 1,231 tCO2eRevenue: $M 26,136Scope 1 Intensity: 0.05 tCO2e/$MInteractive Brokers GroupYear: 2023Scope 1: 170 tCO2eRevenue: $M 7,788Scope 1 Intensity: 0.02 tCO2e/$MCarlyle GroupYear: 2024Scope 1: 975 tCO2eRevenue: $M 3,402Scope 1 Intensity: 0.29 tCO2e/$MIntercontinental ExchangeYear: 2024Scope 1: 5,212 tCO2eRevenue: $M 11,760Scope 1 Intensity: 0.44 tCO2e/$MMoody'sYear: 2024Scope 1: 641 tCO2eRevenue: $M 7,091Scope 1 Intensity: 0.09 tCO2e/$MEEEquitable HoldingsYear: 2024Scope 1: 1,548 tCO2eRevenue: $M 12,434Scope 1 Intensity: 0.12 tCO2e/$MKKR & CoYear: 2022Scope 1: 786 tCO2eRevenue: $M 5,567Scope 1 Intensity: 0.14 tCO2e/$MRaymond James FinancialYear: 2022Scope 1: 392 tCO2eRevenue: $M 10,859Scope 1 Intensity: 0.04 tCO2e/$MAAAllianceBernstein HoldingYear: 2024Scope 1: 278 tCO2eRevenue: $M 462Scope 1 Intensity: 0.60 tCO2e/$MNorthern TrustYear: 2021Scope 1: 1,797 tCO2eRevenue: $M 6,464Scope 1 Intensity: 0.28 tCO2e/$MBlackRockYear: 2023Scope 1: 6,689 tCO2eRevenue: $M 17,861Scope 1 Intensity: 0.37 tCO2e/$MAmeriprise FinancialYear: 2023Scope 1: 5,534 tCO2eRevenue: $M 15,536Scope 1 Intensity: 0.36 tCO2e/$MAres CapitalYear: 2021Scope 1: 47 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.03 tCO2e/$MT Rowe Price GroupYear: 2024Scope 1: 1,845 tCO2eRevenue: $M 7,093Scope 1 Intensity: 0.26 tCO2e/$MAffiliated Managers GroupYear: 2022Scope 1: 601 tCO2eRevenue: $M 2,329Scope 1 Intensity: 0.26 tCO2e/$MState StreetYear: 2024Scope 1: 4,813 tCO2eRevenue: $M 12,917Scope 1 Intensity: 0.37 tCO2e/$MBROOKFIELD ASSET MANAGEMENTYear: 2024Scope 1: 322 tCO2eRevenue: $M 482Scope 1 Intensity: 0.67 tCO2e/$MBlackstoneYear: 2024Scope 1: 466 tCO2eRevenue: $M 10,939Scope 1 Intensity: 0.04 tCO2e/$M

How does Blackstone's GHG emissions intensity compare to its peers?

In 2024, Blackstone reported a Scope 1 emissions intensity of 0.04 tCO₂e per millions USD. Compared to the peer group median of 0.15 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Blackstone rank on GHG emissions intensity within its industry?

In 2024, Blackstone ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Blackstone is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Blackstone's Total Carbon Footprint

In 2024, Blackstone reported a total carbon footprint of 32,862 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.54% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Blackstone's total carbon footprint was Scope 3 emissions, accounting for 60.01% of the company's total carbon footprint, followed by Scope 2 emissions at 38.57%. a

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