State Street Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020

In its 2023 reporting, State Street Corporation disclosed greenhouse gas emissions of 58.4K tCO2e/year (Scope 1 & 2 LBM). By scope: Scope 1: 7.6K tCO2e/year; Scope 2: 50.9K tCO2e/year (LBM) 180 tCO2e/year (MBM); Scope 3: 281.2K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
58.4K tCO2e/year (Scope 1 & 2 LBM)
2023
💧
Water Usage
291.23 m3/year
2023
♻️
Waste
522 tons/year
2023
⚙️
Energy Use
728.3K GJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).7.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.50.9K tCO2e/year (LBM) 180 tCO2e/year (MBM)
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).281.2K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202358.4K tCO2e/year (Scope 1 & 2 LBM)
2020112.0K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Reduce carbon emissions by 46.2% by 2030
  • Reduce water consumption by 25% by 2030

🌱 ESG Focus Areas

GovernanceSocialEnvironmental

⚠️ Challenges & Risks +

  • Data limitations in measuring Scope 3 financed emissions
  • Evolving regulatory landscape for ESG reporting
  • Data privacy challenges in a hybrid work model
  • Data localization concerns

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, SASB, TCFD, UNGC
Assurance: Ernst & Young LLP (limited assurance)