Message from Mike
Michael R. Bloomberg, Founder, Bloomberg L.P. and Bloomberg Philanthropies
An unprecedented opportunity
As 2019 came to a close, a period of enormous upheaval was just beginning. The coronavirus pandemic has brought about the most severe economic downturn the world has seen in many years, but it can also be a turning point that propels us forward – including in the fight against climate change.
As governments in every region pursue policies to get their economies back on solid footing, we have an unprecedented opportunity to make smart investments that accelerate our transition to a 100 percent clean energy economy and lay the foundation for strong and sustainable growth in the years ahead.
The need for speed.
While sustainable finance is entering into the mainstream, it’s not happening fast enough. Here’s how Bloomberg is helping to lead efforts to rapidly scale up participation in a sustainable, low-carbon economy.
Products
Critical transparency into sustainability.
Structural and systemic shifts such as climate change, resource scarcity, regulatory pressures and new perspectives on the value of human capital and diversity increasingly pose material business risks and opportunities for issuers and investors globally. As investors, policymakers and citizens seek out more information on sustainability, Bloomberg is providing new and expanded data sets, analysis and news.
We provide timely, reliable and actionable information on sustainability-related financial risks and opportunities for leading business, finance and policy professionals.
We deliver highly interconnected proprietary environmental, social and governance (ESG) products that leverage key Bloomberg areas of expertise across Financial Products, Global Data, Bloomberg Intelligence and BloombergNEF.
Key activities
Develop stronger sustainable finance products
Make ESG data more relevant for business
Be the indispensable guide to climate change
Sustainable finance on the Terminal
News & media
We cover the critical environmental and social issues that are reshaping the global economy.
Notable 2019 stories
Tesla Model 3 Survey: 5,000 Tesla Owners Told Us What Elon Musk Got Right and Wrong
An Energy Breakthrough Could Store Solar Power for Decades
America’s Great Climate Exodus Is Starting in the Florida Keys
What Happened When I Bought a House With Solar Panels
Towing an Iceberg: One Captain’s Plan to Bring Drinking Water to 4 Million People
Read more about our sustainable finance products in our 2019 Impact Report.
Operations
Efficiency and resiliency in a changing world.
As a company with nearly 20,000 employees located in 172 locations globally, including data centers, reducing our energy-related carbon emissions is critical to reducing our overall environmental impact. Bloomberg’s energy strategy is comprehensive, focusing on reducing total energy consumption, implementing energy efficiency projects at our facilities, building new facilities to LEED/BREEAM environmental standards and developing both on- and off-site renewable energy projects.
Bloomberg strives to decouple company growth from environmental impact while increasing operational efficiency and resiliency.
Key activities
Reduce our emissions
Increase renewable energy use
Invest in energy-efficient buildings
Improve operational resilience
Measure relationship between environmental & economic performance
Emissions by activity
Energy consumption dominates Bloomberg’s emissions profile, accounting for 44.6% of our market-based CO₂e emissions and 56.1% of location-based CO₂e emissions.
Renewable energy
Bloomberg is a member of RE100, a global initiative of influential businesses committed to using 100% renewable electricity. We have pledged to obtain 100% of our electricity from renewable sources by 2025. In 2019, 48.5% of our energy came from wind and solar projects in six U.S. states.
To date, our renewable projects have generated 216,566 megawatt hours of energy.
Read more about our sustainable operations in our 2019 Impact Report.
People
Global reach.
Local impact.
To shape the future and drive breakthrough performance, we rely on creative, collaborative employees with diverse experiences and a global outlook. We inspire our workforce by providing opportunities to make a difference and by supporting their personal growth.
We engage our employees in addressing social and environmental issues that are relevant to the business and the communities in which we work.
Key activities
Invest in our employees
Embrace diversity & inclusion
Give back to our communities
Supporting sustainable communities
Bloomberg’s Corporate Philanthropy program harnesses the skills and resources of our employees to create lasting impact. In 2019, 12,915 employees took part in our Best of Bloomberg corporate volunteer program in 80 cities around the world.
Activating every employee’s potential
Bloomberg invests in data-driven initiatives to increase diversity and inclusion, recruiting underrepresented employees and ensuring those groups are represented in leadership roles. We leverage the strengths of all of our employees, developing their talent to help everyone fulfill their potential – and deliver innovative solutions to our clients.
Read more about our people initiatives in our 2019 Impact Report.
Beyond Bloomberg
To extend the conversations around our sustainability data, analysis and news, we host live events with changemakers around the world.
Supplements & downloads
Dive into the details.
Download our full 2019 Impact Report and explore Bloomberg’s GRI and SASB disclosures, supplements, policies and past Impact Reports.
