Lazard Ltd, commonly known as Lazard, is a leading financial advisory and asset management firm headquartered in the United States. Established in 1848, Lazard has built a formidable reputation in the investment banking sector, with major operational regions spanning North America, Europe, and Asia. The firm excels in providing strategic financial advice, mergers and acquisitions (M&A) services, and asset management solutions, distinguishing itself through its deep industry expertise and global reach. Lazard's unique approach combines local insights with a worldwide perspective, enabling clients to navigate complex financial landscapes effectively. With a storied history and a commitment to excellence, Lazard has achieved notable milestones, solidifying its position as a trusted advisor to corporations, governments, and institutions worldwide.
How does LAZARD'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 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.
LAZARD's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, LAZARD reported total carbon emissions of approximately 25,125,000 kg CO2e. This figure includes 1,269,000 kg CO2e from Scope 1 emissions, 5,052,000 kg CO2e from Scope 2 emissions, and a significant 18,804,000 kg CO2e from Scope 3 emissions. Compared to 2022, where total emissions were about 21,634,000 kg CO2e, this represents an increase in emissions. Over the past few years, LAZARD's emissions have fluctuated, with 2021 recording total emissions of approximately 8,219,000 kg CO2e, and 2020 at about 9,684,000 kg CO2e. The highest emissions in the past five years were noted in 2019, with approximately 22,435,000 kg CO2e. Despite these figures, there are currently no specific reduction targets or initiatives disclosed by LAZARD, such as Science-Based Targets Initiative (SBTi) commitments or documented climate pledges. This lack of defined reduction strategies may reflect broader industry challenges in addressing climate change effectively. Overall, LAZARD's emissions data highlights the need for enhanced climate commitments and strategies to reduce their carbon footprint in alignment with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 1,491,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 6,673,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
LAZARD 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.