Bloomberg Continues Progress Towards Net Zero Emissions by 2025, According to Annual Impact Report

Bloomberg Leading Efforts to Mobilize the Markets to Fight Climate Change and Bring Transparency to Climate Risk Data
Apr 29, 2021 12:30 PM ET
Bloomberg Impact Report 2020

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April 29, 2021 /3BL Media/ - Bloomberg LP continues to make progress towards its commitment to net-zero emissions by 2025, according to the company’s 2020 Impact Report. As a member of the UN’s Race to Zero campaign, Bloomberg’s ambitious emissions reduction targets are now officially validated by the Science Based Targets initiative (SBTi), the leading global body that assesses the scientifically soundness of private sector climate action.

The Impact Report outlines how Bloomberg is leading efforts to mobilize markets to fight climate change and bring transparency to climate risk data to better understand how climate can impact businesses and economies. Given the global ramifications of the COVID-19 pandemic, the report in particular illustrates Bloomberg’s support for communities and businesses in need throughout the pandemic.

“Despite the enormous challenges of the COVID-19 pandemic, the world is well-positioned to take great steps forward in the fight against climate change,” said Michael R. Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies. “The year ahead can set the stage for a decade of transformational change - but only if we act boldly and urgently. Bloomberg is determined to help lead the way, and this report outlines the progress we’re making.” Read his letter here.

View Bloomberg's 2020 Impact Report.