Marex Group plc, commonly referred to as Marex, is a leading global financial services firm headquartered in Great Britain. Established in 2006, the company has rapidly expanded its operations across key financial markets, including Europe, North America, and Asia. Specialising in commodities, Marex offers a diverse range of services, including brokerage, risk management, and market-making, tailored to meet the needs of institutional clients. With a strong focus on innovation and client service, Marex distinguishes itself through its deep market expertise and advanced trading technology. The firm has achieved significant milestones, positioning itself as a trusted partner in the financial sector. Recognised for its robust market presence, Marex continues to enhance its offerings, solidifying its reputation as a premier player in the global commodities market.
How does Marex Group plc'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.
Marex Group plc's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Marex Group plc reported total carbon emissions of approximately 53,100 kg CO2e from Scope 2, 600 kg CO2e from Scope 1, and 490 kg CO2e from Scope 3. This reflects a significant reduction in emissions compared to 2021, where they recorded 42,900 kg CO2e in Scope 2, 1,090 kg CO2e in Scope 1, and 1,310 kg CO2e in Scope 3. The company has demonstrated a commitment to reducing its carbon footprint, achieving a notable decrease in Scope 1 emissions by about 45% and Scope 3 emissions by approximately 63% from 2021 to 2022. For 2023, while specific emissions data is not available, Marex Group has reported an intensity ratio of 760 kg CO2e per full-time equivalent (FTE) for Scope 1 and 2 emissions. However, there are currently no documented reduction targets or climate pledges from the company, indicating a potential area for future commitment in climate action. Overall, Marex Group plc is actively working towards reducing its carbon emissions, aligning with industry standards for sustainability and climate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 1,090 | 000 |
Scope 2 | 42,900 | 00,000 |
Scope 3 | 1,310 | 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.
Marex Group plc 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.