Bloomberg Impact Report 2020

Evolving strategies for an evolving world

Bloomberg L.P. has over 20,000 employees based in 167 locations around the world, with primary offices in the United States, the United Kingdom, Germany, Japan, China, Hong Kong (SAR), Singapore, Australia, Brazil, India and the United Arab Emirates.

Their 2020 Impact report features content from their organization and their subsidiaries and affiliates describing business, environmental and social issues that have a direct and significant impact on the company, their employees and their strategic partners — as well as issues that the company has a unique opportunity to influence. Bloomberg is committed to reaching net-zero carbon emissions by 2025, and is making steady progress. They believe every step they take in that direction benefits their business.

Helped to close 60% of the United States’ coal-fired power plants
50% of their electricity is from renewable sources
Achieved 7% reduction in energy intensity in buildings
Saw 2% improvement in energy efficiency in data centers
2% of magazine paper made from recycled content
78% of office/print shop paper made from recycled content
Developing a 2.55MW solar project at their offices in Princeton, New Jersey
75% of employees sit in an environmentally certified office space
40% increase in climate-related news stories since 2019
Provides ESG data on more than 11,700 companies in 100+ countries

159M kWh

of renewable energy secured from nine on- and off-site solar and wind sites

76%

of total waste diverted from landfill

If we seize the opportunities in front of us, and find ways to work together, we can ensure that the United Nations’ COP26 climate summit in November is a success — and continue to accelerate global progress towards a 100% clean energy economy.

Michael Bloomberg

CEO

Bloomberg is reducing their emissions in line with a 1.5°C future. Their key activities include: obtaining electricity from renewable sources, finding and maintaining energy efficiencies in data centers and offices, diverting waste from landfill and eliminating use of non-renewable, non-recyclable and non-reusable materials.

This year, Bloomberg reached two important milestones in their long-standing work to fuel global progress towards clean energy and away from fossil fuels. To continue leading sustainability education and efforts, Bloomberg also provides data, news, insights and expertise to investors, policymakers and citizens seeking to address climate challenges.

READ FULL REPORT