New Zealand's Exchange (NZX), headquartered in Wellington, NZ, is a leading financial market operator in the Asia-Pacific region. Established in 2002, NZX has evolved into a pivotal player in the securities and derivatives markets, facilitating capital raising and investment opportunities across various sectors. NZX offers a diverse range of services, including equity and debt listings, market data, and trading solutions, distinguished by its commitment to transparency and innovation. The exchange plays a crucial role in supporting New Zealand's economy, connecting investors with local businesses and fostering growth. With a strong market position, NZX has achieved significant milestones, including the introduction of new trading platforms and sustainability initiatives, reinforcing its reputation as a trusted marketplace for investors and issuers alike.
How does New Zealands Exchange's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
New Zealands Exchange's score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, New Zealand's Exchange (NZX) reported total carbon emissions of approximately 186,900 kg CO2e. This figure includes 2,600 kg CO2e from Scope 1 emissions and 184,300 kg CO2e from Scope 3 emissions, which encompass employee commuting (182,600 kg CO2e), waste generated in operations (28,500 kg CO2e), fuel and energy-related activities (11,700 kg CO2e), and upstream transportation and distribution (3,900 kg CO2e). Comparatively, in 2022, NZX's emissions were about 88,800 kg CO2e, with 8,800 kg CO2e from Scope 1 and 80,000 kg CO2e from Scope 3. The 2021 data showed total emissions of approximately 43,600 kg CO2e, with 4,200 kg CO2e from Scope 1 and 39,400 kg CO2e from Scope 3. Despite these figures, NZX has not established specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. Overall, NZX's emissions data reflects a growing awareness of carbon impact, but the lack of formal commitments indicates potential areas for improvement in their climate action efforts.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 4,200 | 0,000 | 0,000 |
Scope 2 | - | - | - |
Scope 3 | 36,900 | 00,000 | 000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
New Zealands Exchange is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.