Public Profile

Tmx

Tmx, officially known as Tmx Group, is a leading provider of technology solutions headquartered in California. Founded in 2010, the company has established a strong presence in the financial services and data management sectors, with significant operations across North America and Europe. Tmx specialises in delivering innovative software solutions that streamline operations and enhance data analytics for businesses. Their core offerings include advanced trading platforms and comprehensive risk management tools, which are distinguished by their user-friendly interfaces and robust functionality. Recognised for its commitment to excellence, Tmx has achieved notable milestones, including strategic partnerships and industry awards, solidifying its position as a trusted leader in the technology landscape. With a focus on continuous improvement and customer satisfaction, Tmx remains at the forefront of the evolving tech industry.

DitchCarbon Score

How does Tmx'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.

28

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.

3

Industry Benchmark

Tmx's score of 28 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

Tmx's reported carbon emissions

In 2023, TMX reported total carbon emissions of approximately 6,944,000 kg CO2e, with significant contributions from Scope 3 emissions, including 2,518,000 kg CO2e from purchased goods and services and 1,157,000 kg CO2e from employee commuting. Scope 2 emissions accounted for about 998,000 kg CO2e. Over the years, TMX has shown fluctuations in its emissions, with Scope 2 emissions peaking at 855,000 kg CO2e in 2020 and Scope 3 emissions reaching a high of 2,846,000 kg CO2e in 2022. The company has not disclosed specific reduction targets or initiatives, indicating a need for further commitment to climate action. Despite the absence of formal reduction targets, TMX's emissions data reflects its ongoing efforts to monitor and report on its carbon footprint, aligning with industry standards for transparency in climate commitments.

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20192020202120222023
Scope 1
-
-
-
-
-
Scope 2
829,000
000,000
000,000
000,000
000,000
Scope 3
2,698,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tmx's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Tmx is headquartered in CA, which has a rank of low, indicating low grid carbon 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.

Tmx 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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DitchCarbon Score

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