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 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cboe reported total carbon emissions of approximately 33,490,000 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 marked a notable increase in emissions compared to previous years, particularly in Scope 3, which includes significant contributions from purchased goods and services. Cboe has set a long-term commitment to achieve net zero emissions by 2050, encompassing all scopes of emissions. This ambitious target reflects the company's dedication to operating responsibly and addressing climate change. The organisation's emissions data indicates a trend of fluctuating emissions over the years, with a peak in Scope 3 emissions in 2022 at approximately 31,585,000 kg CO2e. Overall, Cboe's climate commitments and emissions data highlight its ongoing efforts to reduce its carbon footprint while navigating the complexities of its operational impact on the environment.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2018 | 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.