D. E. Shaw & Co., L.P., commonly referred to as D. E. Shaw, is a prominent global investment and technology development firm headquartered in the United States. Founded in 1988, the company has established itself as a leader in quantitative investing, leveraging advanced mathematical models and sophisticated algorithms to drive its investment strategies. With major operational regions across North America, Europe, and Asia, D. E. Shaw operates in the financial services industry, focusing on asset management, proprietary trading, and technology-driven solutions. The firm is renowned for its unique approach to investment, combining rigorous research with innovative technology to deliver exceptional results. D. E. Shaw's commitment to excellence has earned it a notable position in the market, consistently achieving impressive returns and maintaining a reputation for integrity and professionalism in the financial sector.
How does D. E. Shaw & Co., L.P.'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 Business Services 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.
D. E. Shaw & Co., L.P.'s score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, D. E. Shaw & Co., L.P. reported carbon emissions of approximately 6.56 kg CO2e per employee, a decrease from about 9.12 kg CO2e per employee in 2022. This data reflects the company's commitment to monitoring its carbon footprint, although specific Scope 1, 2, and 3 emissions data have not been disclosed. Currently, D. E. Shaw & Co. has not set any formal reduction targets or initiatives, nor are there any climate pledges documented. The absence of specific reduction commitments suggests that the firm may be in the early stages of developing a comprehensive climate strategy. As a financial services firm headquartered in the US, D. E. Shaw & Co. operates within an industry increasingly focused on sustainability and climate action. However, without clear targets or initiatives, the company may need to enhance its efforts to align with industry standards and expectations regarding climate commitments.
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.
D. E. Shaw & Co., L.P. 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.