State Street Explainer Series
Carbon Credits in 5
Working to slow the effects of global warming means changing behavior. When it comes to managing our own carbon footprint, we’re making smart decisions that are good for the environment and our own business.
See what we're doing at State Street to manage our own carbon footprint:
In 2012, we set aggressive sustainability targets to achieve by the year 2020. Our goal: decrease carbon emissions by 20 percent per employee.
UN Global Compact
In 2014, we became a signatory to the United National Global Compact – a global initiative uniting organizations to help build prosperous societies. This includes a commitment to undertake initiatives that promote greater environmental responsibility.
For us, it’s important that we work with partners and suppliers who share our values. Wherever possible, we choose to work with suppliers who offer products and services that will reduce our overall environmental footprint as part of our Environmentally Preferable Purchasing Program (EPPP).
Helping Clients Meet Their Goals
Our clients are increasingly asking for better coordinated environmental, social and governance (ESG) financial solutions. As the demand and the opportunities grow, we’re helping our clients work to offset their carbon footprint and we’re taking steps to exceed our own goals.