Cboe Global Markets, commonly referred to as Cboe, is a leading exchange operator headquartered in the United States. Founded in 1973, Cboe has established itself as a pivotal player in the financial services industry, primarily focusing on options, equities, and exchange-traded products. With major operational regions spanning North America, Europe, and Asia, Cboe offers a diverse range of trading solutions. Cboe is renowned for its innovative products, including the Cboe Volatility Index (VIX), which has become a benchmark for market volatility. The company has achieved significant milestones, such as the introduction of the first listed options in the US. As a market leader, Cboe continues to enhance its offerings, providing unique trading experiences that cater to a global clientele.
How does Cboe'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.
Cboe's score of 37 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cboe's carbon emissions data for 2023 indicates a total of approximately 33,949,000 kg CO2e, comprising 384,000 kg CO2e from Scope 1, 3,317,000 kg CO2e from Scope 2, and 32,949,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, which includes significant Scope 3 emissions primarily from purchased goods and services. In 2022, Cboe reported total emissions of about 31,585,000 kg CO2e, with Scope 1 emissions at 25,000 kg CO2e, Scope 2 emissions at approximately 838,000 kg CO2e, and Scope 3 emissions reaching about 31,585,000 kg CO2e. This trend highlights the company's focus on addressing its broader environmental impact. Cboe has set a long-term goal to achieve net zero emissions by 2050, demonstrating its commitment to sustainability across all scopes of emissions. This ambitious target aligns with industry standards and reflects a proactive approach to climate change mitigation. The company continues to engage in initiatives aimed at reducing its carbon footprint and enhancing its environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 1,829,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 000,000 |
Scope 2 | 6,885,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 |
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.
Cboe 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.