Abu Dhabi Securities Exchange Sustainability Profile
The Abu Dhabi Securities Exchange (ADX), headquartered in Abu Dhabi, United Arab Emirates (AE), is a leading financial market established in 2000. As a pivotal player in the Middle Eastern financial landscape, ADX facilitates the trading of securities, including equities, bonds, and exchange-traded funds, catering primarily to local and international investors. With a commitment to transparency and innovation, ADX has introduced various initiatives, such as the implementation of advanced trading technologies and regulatory frameworks that enhance market efficiency. The exchange has achieved significant milestones, including the launch of its market index and the introduction of new financial products, solidifying its position as a key hub for investment in the region. ADX continues to play a crucial role in the growth of the UAE's economy, promoting sustainable investment opportunities and fostering a vibrant trading environment.
DitchCarbon Score
How does Abu Dhabi Securities Exchange'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
Abu Dhabi Securities Exchange's score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Abu Dhabi Securities Exchange's reported carbon emissions
In 2023, the Abu Dhabi Securities Exchange (ADX) reported total carbon emissions of approximately 517,000 kg CO2e. This figure includes 5,000 kg CO2e from Scope 1 emissions and 512,000 kg CO2e from Scope 2 emissions. Notably, the Scope 3 emissions data is also reported at 512,000 kg CO2e, indicating a comprehensive approach to emissions tracking. Comparatively, in 2022, ADX's total emissions were about 581,820 kg CO2e, with Scope 1 emissions at 14,840 kg CO2e and Scope 2 emissions at 566,900 kg CO2e. This reflects a reduction in total emissions of approximately 64,820 kg CO2e from 2022 to 2023. Despite these figures, ADX has not set specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded data from any parent organization. The exchange's emissions data is self-reported and does not include any commitments to the Science Based Targets initiative (SBTi) or other climate pledges. Overall, while ADX has made strides in emissions reporting, further commitments and reduction strategies may be necessary to enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,000 | 00,000 | 0,000 |
| Scope 2 | 66,430 | 000,000 | 000,000 |
| Scope 3 | 66,430 | 000,000 | 000,000 |
How Carbon Intensive is Abu Dhabi Securities Exchange's Industry?
How Carbon Intensive is Abu Dhabi Securities Exchange's Location?
Abu Dhabi Securities Exchange's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Abu Dhabi Securities Exchange has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
