In 2025, State Street 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).
State Street has also provided a category-level breakdown for 5 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 | 7,503a | 7,205a | 10,403a | |
Total Scope 2 | ||||
Market-Based | 3,690a | 5,075a | 5,772a | |
Location-Based | 51,652a | 52,474a | 54,568a | |
Total Scope 3 | 316,353a | 309,888a | 303,881b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.5373a | 0.5577a | 0.8709a |
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In 2025, the total operational greenhouse gas (GHG) emissions of State Street amounted to 59,155 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 State Street decreased by 0.88%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of State Street were 7,503 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, State Street's Scope 1 emissions have decreased by 42.58%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), State Street's Scope 1 emissions increased by 4.14%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, State Street reported Scope 2 greenhouse gas (GHG) emissions of 3,690 tCO₂e using the market-based method and 51,652 tCO₂e using the location-based method.a
Since 2019, State Street's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 37.88%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2024), State Street's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that State Street's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2025, State Street reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, State Street reported 316,353 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 State Street includes a breakdown across 4 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, State Street reported total Scope 3 emissions of 316,353 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 2019, State Street's Scope 3 emissions have increased by 248.13%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2024), State Street's Scope 3 emissions remained relatively stable, indicating that State Street's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, State Street 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.
In 2025, the largest contributors to State Street's Scope 3 emissions were:a
In 2025, State Street reported Scope 1 greenhouse gas (GHG) emissions of 7,503 tCO₂e and total revenues of USD 13,964 millions. This translates into an emissions intensity of 0.54 tCO₂e per millions USD.a
In 2025, State Street reported a Scope 1 emissions intensity of 0.54 tCO₂e per millions USD. Compared to the peer group median of 0.12, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, State Street ranked 21 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places State Street among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2025, State Street reported a total carbon footprint of 375,508 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.61% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to State Street's total carbon footprint was Scope 3 emissions, accounting for 84.25% of the company's total carbon footprint, followed by Scope 2 emissions at 13.76%.a