Lazard Asset Management, a prominent player in the global investment landscape, is headquartered in the United States, with significant operations across Europe, Asia, and other key markets. Founded in 1848, the firm has established a rich history of providing innovative investment solutions, focusing on equity, fixed income, and alternative strategies. Lazard's unique approach combines deep local insights with a global perspective, enabling clients to navigate complex financial environments effectively. The firm is renowned for its commitment to active management and its ability to deliver tailored investment strategies that align with client objectives. With a strong market position, Lazard Asset Management has garnered recognition for its performance and client-centric philosophy, making it a trusted partner for institutional and individual investors alike.
How does Lazard Asset Management'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 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.
Lazard Asset Management's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Lazard Asset Management reported total carbon emissions of approximately 810,000,000 kg CO2e, with significant contributions from Scope 3 emissions, particularly from business travel, which accounted for about 691,000,000 kg CO2e. The previous year, 2023, saw total emissions of approximately 861,000 kg CO2e, with Scope 3 business travel emissions at about 737,000 kg CO2e. Lazard has set ambitious climate commitments, aiming for carbon neutrality in Scope 1 and 2 emissions by 2030, and Scope 3 emissions by 2050. These targets include the use of offsets and are part of their broader strategy to achieve net zero emissions by 2050 across all scopes. This commitment is reinforced by their participation in the Net Zero Asset Managers initiative, which aligns with their goal of supporting net zero greenhouse gas emissions by or before 2050. The emissions data for Lazard Asset Management is cascaded from its parent company, Lazard Asset Management LLC, reflecting a corporate family relationship. The company is actively engaging with other firms to drive organic decarbonisation and investing in technology solutions that facilitate the energy transition.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | - | - |
Scope 3 | 15,116,000 | 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.
Lazard Asset Management 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.