State Street Global Advisors
State Street Global Advisors (SSGA), a leading investment management firm headquartered in the United States, has been a pivotal player in the financial services industry since its founding in 1978. With a strong presence in major operational regions including North America, Europe, and Asia-Pacific, SSGA offers a diverse range of investment solutions tailored to meet the needs of institutional investors. Specialising in asset management, SSGA is renowned for its innovative exchange-traded funds (ETFs) and index strategies, which leverage advanced technology and data analytics. The firm’s commitment to responsible investing and sustainability sets it apart in a competitive market. As a subsidiary of State Street Corporation, SSGA has consistently achieved notable milestones, including being one of the largest asset managers globally, with a robust portfolio that underscores its market leadership and expertise.
DitchCarbon Score
How does State Street Global Advisors'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.
Industry Average
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.
Industry Benchmark
State Street Global Advisors's score of 30 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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State Street Global Advisors's reported carbon emissions
In 2023, State Street Global Advisors, headquartered in the US, reported no specific carbon emissions data, indicating a lack of disclosed Scope 1, 2, or 3 emissions figures. However, the organisation has set ambitious climate commitments aimed at reducing financed carbon emissions intensity. They aim to achieve a 50% reduction in Scope 1 and 2 carbon emissions intensity by 2030, using 2019 as the baseline. This target is part of their near-term strategy and applies at the portfolio level. Additionally, State Street Global Advisors has committed to increasing assets under management (AUM) invested in carbon-intensive sectors that are either achieving net zero or aligned with net zero to 100% by 2040. This long-term goal reflects their commitment to sustainable investment practices. The emissions data and climate initiatives are cascaded from their parent company, State Street Corporation, which influences their overall sustainability strategy. Despite the absence of specific emissions figures, these commitments demonstrate State Street Global Advisors' proactive approach to addressing climate change and reducing their carbon footprint in the financial sector.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Global Advisors 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.
