In 2025, Lazard 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).
Lazard has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 23a | N/A | 1,269b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 96a | N/A | 5,052b | |
Total Scope 3 | 691a | 24,090,496a | 27,078b | |
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In 2025, the total operational greenhouse gas (GHG) emissions of Lazard amounted to 119 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 2024, the total operational greenhouse gas (GHG) emissions of Lazard increased by ∞%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Lazard were 23 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Lazard's Scope 1 emissions have decreased by 98.53%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
In 2025, Lazard reported Scope 2 greenhouse gas (GHG) emissions of 96 tCO₂e without specifying the calculation method.a
Since 2020, Lazard's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 98.36%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
In 2025, Lazard reported its Scope 2 emissions using an unspecified methodology.a
In 2025, Lazard reported 691 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 2025 disclosure of Lazard includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Lazard reported total Scope 3 emissions of 691 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
Since 2020, Lazard's Scope 3 emissions have decreased by 94.62%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2024), Lazard's Scope 3 emissions decreased by 100%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2025, Lazard reported emissions for 1 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.
In 2025, the largest contributors to Lazard's Scope 3 emissions were:a
In 2025, Lazard reported a total carbon footprint of 810 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 100% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Lazard's total carbon footprint was Scope 3 emissions, accounting for 85.31% of the company's total carbon footprint, followed by Scope 2 emissions at 11.85%.a