Bloomberg Impact Report 2020

Bloomberg Impact Report 2020

New York, 28 April 2021 – 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.

The Impact Report is third party verified, and is in accordance with the CDP climate change questionnaire, as well as the GRI (Global Reporting Initiative) and SASB (Sustainability Accounting Standards Board) frameworks. As in previous years, the report integrates the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The 2020 Impact Report can be viewed and downloaded at www.bloomberg.com/impact, along with the GRI Content Index and SASB Disclosures.

Content from this campaign

Bloomberg's Commitment to SDG 12: Responsible Production & Consumption
Originally posted on bloomberg.com. Most of the products we consume daily are produced in a non-sustainable way. They require fossil fuels, resulting in greenhouse gas emissions and chemicals that create waste, posing biohazard. Inefficiencies in...
Jul 8, 2021 1:15 PM ET
Bloomberg Advances SDG 7, Committing to Affordable, Clean Energy
Originally posted on bloomberg.com.  For the first time, Bloomberg has incorporated the UN Sustainable Development Goals (SDGs), which set forth an ambitious plan for achieving sustainable economic...
Jun 9, 2021 11:35 AM ET
#ImpactInAction: A Year of Virtual Volunteering
Originally posted on bloomberg.com/company. When it comes to supporting our local communities, Bloomberg employees like to roll up their sleeves. Bloomberg’s “Best of Bloomberg” program connects employees with causes they care about, with near-daily volunteering...
May 19, 2021 11:10 AM ET
Why 36 of Our Offices Are Leading With LEED and BREEAM
Originally posted on bloomberg.com/company. Design is a core component of our culture, and so is sustainability. Every decision we make around our building design takes into consideration operational efficiency and environmental sustainability. As of year-end 2020, Bloomberg had 35...
May 17, 2021 2:20 PM ET
Bloomberg Impact Report 2020: The Business of Resilience
Originally posted on bloomberg.com/impact.  In 2020, the COVID-19 virus infected hundreds of thousands of people globally, throwing the markets into turmoil and forcing companies — including our own — to send employees home to work remotely. We quickly recognized that one of the most significant ways...
May 13, 2021 2:45 PM ET

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