Financial Services / Banking

Pershing Square sustainability score: 24/100

24/100
Significant gaps
55th of 61 in Financial Services / Banking

Better than 10% of Financial Services / Banking

Below expectations starts at 31. The highest score on SINK is 71.

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About Pershing Square

Pershing Square Holdings is a closed-end investment holding company founded in 2012 and headquartered in New York. It manages approximately $16 billion in assets through concentrated equity positions in large-cap North American companies including Alphabet, Amazon, Microsoft, and Restaurant Brands International.

More about Pershing Square

The firm operates as a financial services entity focused on equity investment and portfolio stewardship.

Founded 2012Head office New York City, United StatesStaff ~84Revenue ~$3.4B (trailing 12-month, per Morningstar/Pitchbook — unverified aggregator figure, treat with caution; NAV ~$16B)Website ↗

Read Pershing Square's own report ↗

Our verdict

Pershing Square publishes no emissions data—operational or financed—despite $16B in assets and concentrated holdings in mid-to-high-emission businesses. No climate targets exist. Governance acknowledges ESG but lacks quantified environmental accountability or disclosure.

Pershing Square scores 24/100 (Significant gaps) on SINK's independent climate assessment, scored from public data only. Scores are free. Nobody can pay to change a score, speed it up or hide it. Last verified August 2026.

That places Pershing Square joint 903rd of 1,023 companies scored, and 55th of 61 in Financial Services / Banking.

The ten questions

What is Pershing Square doing well, and where does it fall short?

Strongest on Controversies & Red Flags and Water Impact (8/10, 4/10). Weakest on Carbon Footprint: Supply Chain and Emissions Trajectory (1/10, 1/10).

What's missing

Where Pershing Square lost points

For each question that lost points, the evidence our public rubric looks for that we didn't find.

What would raise this score

  • Emissions from its supply chainAssess where its supply-chain emissions come from.
  • Whether its emissions are fallingShow its emissions are falling, even from energy bills or mileage.
  • Its climate targetsSet emissions reduction targets.

Every question that lost points

  • Emissions from its own operations2/10No emissions figures for its own operations, not even an estimate from energy bills.
  • Emissions from its supply chain1/10No assessment of where its supply-chain emissions come from.
  • Whether its emissions are falling1/10No evidence its emissions are falling, not even from energy bills or mileage.
  • How clean its energy is2/10No renewable energy tariff or major efficiency investment shown.
  • Its effect on nature3/10No assessment of its effect on nature, and no basic environmental policy.
  • How it uses materials and handles waste3/10No active waste reduction, reuse or repair shown.
  • Its effect on water4/10No measured water footprint with reduction targets.
  • Its climate targets1/10No emissions reduction targets.
  • How openly it reports3/10No published sustainability data, or no one named as responsible for it.

A score changes when the evidence does. We use new published evidence at the next rescore. Anyone can send us new evidence, free. How to send it.

The calculation

How is Pershing Square's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Financial Services / Banking sector ceiling.
50 / 100
Performance score
Sum of the ten questions, each scored 0 to 10.
28 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 50) + (0.7 × 28) = 34.6
Scale penalty
Multiplier based on total emissions. Bigger polluters lose more.
× 0.7
Final score
Rounded. Significant gaps.
24 / 100
How this score has moved

Has Pershing Square's score changed?

Pershing Square's score has been reviewed 2 times and currently stands where it started, at 24.

02550751002429 August 2026247 November 2026
  1. 24 → 247 November 2026

    Correction, 7 November 2026: removed an unsourced emissions figure. Score unchanged.

  2. Scored 2429 August 2026

    Initial public score 24 (publish-draft)

Where the evidence comes from

What evidence is Pershing Square's score based on?

10 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.

40% of them were published by Pershing Square itself; the rest come from independent sources.

[1]Self-reported
PSCM ESG Statement — February 2026

“Our interest in ESG considerations relates to how they may impact our portfolio companies and how we operate our own business.”

2026
Q1Q2Q4Q5Q6Q8Q9
View →
[2]Public record
Pershing Square Holdings — Wikipedia

“AUM: $16.1bn (2026)”

Ongoing
Q1Q3Q7
View →
[3]Public record
Pershing Square Capital Management — Wikipedia

“Number of employees: 84 (2025)”

Ongoing
Q1Q4Q7
View →
[4]Self-reported
Pershing Square Holdings — Materials & Reports

“2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014”

OngoingArchived copy from 2026-08-21: the original link no longer opens for us.
Q3Q9
View →
[5]Self-reported
Pershing Square Holdings — Portfolio

“Restaurant Brands International Inc. ... Howard Hughes Holdings, Inc. ... Amazon.com, Inc.”

Ongoing
Q5Q10
View →
[6]Self-reported
Pershing Square Holdings — About Us

“principally engaged in the business of acquiring and holding significant (but generally not controlling) positions in a concentrated number of large capitalization companies”

OngoingArchived copy from 2026-07-22: the original link no longer opens for us.
Q7
View →
[7]Third-party verified
SBTi Target Dashboard

“The dashboard shows businesses that have validated science-based targets.”

Ongoing
Q8
View →
[8]Independent source
Fintel — Pershing Square Capital Management Holdings

“top holdings are Brookfield Corporation, Amazon.com, Uber Technologies, Microsoft, and Restaurant Brands International”

Ongoing
Q2
View →
[9]Independent source
CSRWindo — Pershing Square Holdings Environmental Profile

“Waste reduction schemes implemented across offices.”

Ongoing
Q6
View →
[10]Independent source
LobbyMap — Climate Lobbying Registry

“InfluenceMap maintains the world's leading database of corporate and industry association lobbying of climate policy”

Ongoing
Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

For Pershing Square

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    Pershing Square: SINK sustainability score 24.

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Pershing Square in context

How does Pershing Square compare with other financial services / banking companies?

Where Pershing Square sits among financial services / banking peers.

Among the 61 major financial services / banking brands we've scored, Pershing Square sits 55th of 61.

55/61
Pershing Square's rank
36
Industry average
20
Industry low
65
Industry high
See all 61 in Financial Services / Banking →
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