Bloomberg L.P. is a leading global provider of financial data, news, and analytics. The company was founded in 1981 by Michael Bloomberg, who served as the Mayor of New York City from 2002 to 2013. Bloomberg L.P. is headquartered in New York City and has operations in over 120 countries worldwide.
Bloomberg L.P. operates in the Data & Analytics sector, providing financial data, news, and analytics to businesses and individuals around the world. The company's flagship product is the Bloomberg Terminal, a software platform that provides real-time financial data, news, and analytics to financial professionals. The Bloomberg Terminal is used by over 325,000 subscribers worldwide, including banks, investment firms, and government agencies.
In recent years, Bloomberg L.P. has become increasingly focused on decarbonisation and renewable energy. The company has set a goal to achieve net-zero carbon emissions by 2025 and has made significant investments in renewable energy projects.
One of the ways that Bloomberg L.P. is working towards decarbonisation is through its corporate energy strategy. The company has implemented a number of energy efficiency measures in its offices around the world, including the use of LED lighting, smart building controls, and energy-efficient HVAC systems. These measures have helped to reduce the company's energy consumption and carbon footprint.
Bloomberg L.P. has also implemented a corporate power purchase agreement (PPA) to support the development of renewable energy projects. A PPA is a contract between a company and a renewable energy developer, in which the company agrees to purchase a certain amount of renewable energy from the developer over a set period of time. Bloomberg L.P.'s PPA supports the development of a wind farm in South Dakota, which will generate enough renewable energy to power all of the company's operations in the United States.
In addition to its PPA, Bloomberg L.P. has also invested in renewable energy projects around the world. The company has invested in solar and wind projects in the United States, Europe, and Asia, and has committed to investing $500 million in renewable energy projects by 2025.
Bloomberg L.P. is also working to promote renewable energy and decarbonisation through its reporting and advocacy efforts. The company publishes regular reports on renewable energy and climate change, and has been a vocal advocate for policies that support the transition to a low-carbon economy.
Overall, Bloomberg L.P. is a leader in the Data & Analytics sector, providing financial data, news, and analytics to businesses and individuals around the world. The company is also a leader in the transition to a low-carbon economy, with a strong focus on decarbonisation and renewable energy. Through its corporate energy strategy, PPA, and investments in renewable energy projects, Bloomberg L.P. is helping to drive the transition to a more sustainable future.