State Street Corp

Common Name
State Street
Country
United States
Sector
Financial Services
Industry
Asset Management
Employees
52,014
Ticker
STT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
State Street Corporation is a global financial services and bank holding company recognized for its pivotal role in supporting institutional investors. Established in 1792, State Street has evolved in...

State Street's Climate Target Data Preview

As of 2023, State Street has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into State Street ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into State Street's Greenhouse Gas Emissions Pathways

As of 2023, State Street has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does State Street have a target to reduce the emissions from its operations?

As of 2023, State Street has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

State Street's most ambitious operational target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 84,671 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, State Street is ahead of schedule on its operational emissions reduction target, having achieved 67.06% of the planned reduction.

State Street's Operational (Scope 1+2) Emissions Pathway

201920232030025 k50 k75 k100 kBaselineCurrent (-31%)Target 2030 (-46%)
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