State Street Corporation, commonly referred to as State Street, is a leading financial services provider headquartered in the United States. Founded in 1792, the company has established itself as a key player in the investment management and servicing industry, with significant operations across North America, Europe, and Asia. Specialising in asset management, investment research, and servicing solutions, State Street offers a unique blend of innovative technology and deep industry expertise. Its core products include investment management services, custodial services, and data analytics, which cater to a diverse clientele, including institutional investors and corporations. With a strong market position, State Street is recognised for its commitment to sustainability and responsible investing, making notable strides in environmental, social, and governance (ESG) practices. The company continues to evolve, leveraging its extensive experience to meet the dynamic needs of the global financial landscape.
How does State Street's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
State Street's score of 46 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2025, State Street reported total carbon emissions of approximately 34,734,470 kg CO2e, with emissions distributed across various scopes: 8,022,940 kg CO2e (Scope 1), 717,860 kg CO2e (Scope 2), and a significant 26,011,490 kg CO2e (Scope 3). This data highlights the company's ongoing commitment to addressing its carbon footprint. State Street has set ambitious reduction targets, aiming to decrease financed Scope 1 and 2 carbon emissions intensity by 50% by 2030, relative to a 2019 baseline. Additionally, the company plans to increase its assets under management (AUM) in carbon-intensive sectors that are achieving or aligned with net zero to 100% by 2040. For absolute emissions, State Street targets a reduction of 46.2% by 2030, also based on 2019 levels. In previous years, State Street has made strides in emissions reduction, including a commitment to decrease greenhouse gas emissions by 20% per person by 2020 compared to a 2012 baseline. The company continues to focus on enhancing its sustainability practices and reducing its overall environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 8,240,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 92,300,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 |
Scope 3 | 87,000,000 | 00,000,000 | - | - | - | - | 000,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
State Street is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.