Tradeweb Markets
Tradeweb Markets Inc., headquartered in the United States, is a leading global operator of electronic marketplaces for fixed income, derivatives, and ETFs. Founded in 1996, Tradeweb has established itself as a pioneer in the financial technology sector, facilitating efficient trading solutions for institutional investors, dealers, and retail clients across major operational regions, including North America, Europe, and Asia. The company offers a diverse range of core products and services, including its innovative trading platforms that enhance liquidity and transparency in the markets. Tradeweb's unique approach to electronic trading has positioned it as a key player in the industry, with notable achievements such as its successful IPO in 2019. With a commitment to advancing market structure and technology, Tradeweb continues to redefine the trading landscape, making it a trusted partner for market participants worldwide.
DitchCarbon Score
How does Tradeweb Markets'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 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.
Industry Benchmark
Tradeweb Markets's score of 43 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tradeweb Markets's reported carbon emissions
In 2023, Tradeweb Markets reported significant carbon emissions, with total Scope 3 emissions reaching approximately 18,300,000 kg CO2e. The company also disclosed Scope 2 emissions, which were not quantified for the market-based approach. In 2022, their Scope 2 emissions in the US were about 2,341,000 kg CO2e, while globally, they reported Scope 2 emissions of approximately 2,614,000 kg CO2e. In 2021, Tradeweb's total global emissions amounted to about 3,556,000 kg CO2e, with Scope 1 emissions at approximately 19,000 kg CO2e and Scope 2 emissions at around 2,417,000 kg CO2e. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Tradeweb's emissions intensity per $ million revenue has shown a decrease, with values of 0.0204 in 2021, 0.0166 in 2022, and 0.0137 in 2023, reflecting a commitment to improving efficiency despite increasing revenue. The company continues to monitor and report its emissions, aligning with industry standards for transparency in climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 19,000 | 00,000 | - |
| Scope 2 | 2,417,000 | 0,000,000 | - |
| Scope 3 | 840,000 | 00,000,000 | 00,000,000 |
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.
Tradeweb Markets is not committed to any reduction initiatives 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.
