Bloomberg LP to Participate in NYC Carbon Challenge


Source: Bloomberg

Pledge to Reduce Emissions Ten Percent over the Next Ten Years

NEW YORK--(BUSINESS WIRE)-- Bloomberg LP today announced its commitment as an anchor participant in the New York City Carbon Challenge to Commercial Tenants. The Mayor’s Carbon Challenge is an invitation to the private sector to match New York City government’s goal to reduce its emissions by 30 percent in ten years, which is part of the broader PlaNYC goal to reduce citywide emissions 30 percent by 2030.

To meet this pledge Bloomberg LP will reduce its emissions from over 1.7 million square feet of leased property in New York City by a minimum of 10% over the next 10 years; this is in addition to the 30% abatement achieved to-date.

'Bloomberg has come a long way in reducing our carbon emissions, achieving our first goal of a 50% reduction of our global carbon footprint two years earlier than we planned,' said Dan Doctoroff, Bloomberg LP’s CEO & President. 'But we're also just getting started. We will continue to make significant strides in reducing our emissions, and we are proud to accept the Mayor’s Carbon Challenge to reduce our New York City building-based emissions by 40% as part of this important effort.'

As the leading provider of data, news and analytics for the business and financial communities, Bloomberg LP will continue to facilitate the integration of sustainability considerations into the broader economic conversation through its products and services, operations and philanthropic efforts. Since launching its sustainability program in 2007, Bloomberg LP has worked to educate employees about sustainability, reduce environmental impact and save the company money. To date, over 350 sustainability initiatives have been completed worldwide, resulting in $43 million in net savings. Bloomberg LP recognizes the environmental, social and economic impact of carbon emissions and is committed to addressing these implications through action: reducing consumption, buying renewable products and services, helping to set standards, encouraging disclosure and promoting clean technologies.

For more information on sustainability at Bloomberg LP, please visit

About Bloomberg

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to more than 310,000 subscribers globally. Bloomberg’s enterprise solutions build on the company’s core strength, leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. Through Bloomberg Law, Bloomberg Government, Bloomberg New Energy Finance and Bloomberg BNA, the company provides data, news and analytics to decision makers in industries beyond finance. And Bloomberg News, delivered through the Bloomberg Professional service, television, radio, mobile, the Internet and two magazines, Bloomberg Businessweek and Bloomberg Markets, covers the world with more than 2,300 news and multimedia professionals at 146 bureaus in 72 countries. Headquartered in New York, Bloomberg employs more than 15,000 people in 192 locations around the world.

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