State Street Corp 2023 SR
The report highlights State Street's sustainability progress in 2023, focusing on its roles as a corporation, investment manager, and investment servicer. The company achieved a 31% reduction in carbon emissions and a 45% reduction in water usage compared to its 2019 baseline. State Street managed approximately $650 billion in ESG assets and allocated $365.8 million to green and social projects under its Sustainability Bond Framework. The report details advancements in diversity, equity, and inclusion, noting that 33% of board members are female and 25% are racially diverse. Additionally, the company expanded its proxy voting choice program and enhanced its climate risk management framework in alignment with TCFD recommendations.
Company: State Street Corp
Sector: Financials
Country: United States
Year: 2023
Type: SR
Pages: 125
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State Street Corp
Sustainability Report
The report highlights State Street's sustainability progress in 2023, focusing on its roles as a corporation, investment manager, and investment servicer. The company achieved a 31% reduction in carbon emissions and a 45% reduction in water usage compared to its 2019 baseline. State Street managed approximately $650 billion in ESG assets and allocated $365.8 million to green and social projects under its Sustainability Bond Framework. The report details advancements in diversity, equity, and inclusion, noting that 33% of board members are female and 25% are racially diverse. Additionally, the company expanded its proxy voting choice program and enhanced its climate risk management framework in alignment with TCFD recommendations.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 25, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees