Fitch Group
Fitch Group, a leading global provider of credit ratings, commentary, and research, is headquartered in the United States. Founded in 1914, the company has established a strong presence in key operational regions, including Europe and Asia-Pacific. Fitch Group operates primarily within the financial services industry, with its core business areas encompassing Fitch Ratings, Fitch Solutions, and Fitch Learning. The company is renowned for its comprehensive credit ratings and analytical services, which are distinguished by their rigorous methodologies and deep market insights. As a key player in the credit rating sector, Fitch Group has achieved notable milestones, including its role in shaping global financial markets and regulatory frameworks. With a commitment to transparency and integrity, Fitch Group continues to uphold its reputation as a trusted source of financial intelligence.
DitchCarbon Score
How does Fitch Group'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 Business Services 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
Fitch Group's score of 31 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fitch Group's reported carbon emissions
In 2023, Fitch Group reported total carbon emissions of approximately 46,886,000 kg CO2e. This figure includes Scope 1 emissions of about 776,000 kg CO2e, Scope 2 emissions of approximately 4,494,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 42,392,000 kg CO2e. Fitch Group has set ambitious climate commitments, aiming to achieve Net Zero emissions by 2040. This long-term strategy encompasses all scopes of emissions and reflects their dedication to sustainability. Additionally, they are working towards reducing greenhouse gas emissions intensity by 30%, although specific numerical targets for this initiative have not been disclosed. The company has also established a carbon intensity metric, reporting emissions of about 0.000023 kg CO2e per USD million in revenue and approximately 10,000 kg CO2e per average full-time employee. These metrics indicate their ongoing efforts to monitor and manage their carbon footprint effectively.
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| 2023 | |
|---|---|
| Scope 1 | 776,000 |
| Scope 2 | 3,717,000 |
| Scope 3 | 42,392,000 |
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.
Fitch Group 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.
