Ideanomics
Ideanomics, a prominent player in the financial technology and electric vehicle sectors, is headquartered in the United States. Founded in 2017, the company has rapidly evolved, focusing on innovative solutions that drive the adoption of electric vehicles and sustainable energy. With significant operations in North America and Asia, Ideanomics is dedicated to transforming traditional industries through its unique blend of fintech services and electric vehicle initiatives. The company offers a range of core products, including electric vehicle financing and fleet management solutions, distinguished by their integration of advanced technology and sustainability principles. Ideanomics has positioned itself as a leader in the market, achieving notable milestones such as strategic partnerships and expansions that enhance its competitive edge. With a commitment to fostering a greener future, Ideanomics continues to make significant strides in the evolving landscape of clean energy and transportation.
DitchCarbon Score
How does Ideanomics'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.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing 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.
Industry Benchmark
Ideanomics's score of 15 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ideanomics's reported carbon emissions
In 2021, Ideanomics reported total carbon emissions of approximately 4,420 kg CO2e, comprising 350 kg CO2e from Scope 2 emissions and 4,070 kg CO2e from Scope 3 emissions. The Scope 2 emissions primarily stem from electricity use, including heating and cooling, while the Scope 3 emissions are attributed to the remote workforce. For the previous year, 2020, Ideanomics disclosed Scope 3 emissions of about 1,330 kg CO2e, with no data available for Scope 1 and Scope 2 emissions. This indicates a significant increase in emissions from 2020 to 2021, particularly in Scope 3, which rose by approximately 3,740 kg CO2e. Currently, Ideanomics has not established any specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The company does not inherit emissions data from a parent organisation, as it operates independently in this regard. Overall, while Ideanomics has made strides in reporting its emissions, the absence of reduction commitments highlights an area for potential improvement in its climate strategy.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | 000 |
| Scope 3 | 1,330 | 0,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Ideanomics 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.
