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.
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.
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.
Abu Dhabi Securities Exchange's score of 30 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. The Scope 3 emissions were also reported at 512,000 kg CO2e, indicating a significant impact from indirect emissions. In 2022, ADX's total emissions were about 437,000 kg CO2e, with Scope 1 emissions at 12,000 kg CO2e and Scope 2 emissions at 425,000 kg CO2e. The Scope 3 emissions for that year matched the Scope 2 total, highlighting the exchange's reliance on indirect emissions. The 2021 data showed a total of approximately 73,000 kg CO2e, with Scope 1 emissions at 7,000 kg CO2e and Scope 2 emissions at 66,430 kg CO2e, alongside Scope 3 emissions also at 66,430 kg CO2e. In 2020, ADX's emissions peaked at about 3,018,000 kg CO2e, with Scope 1 emissions contributing 566,900 kg CO2e and Scope 2 emissions at 78,780 kg CO2e. Despite these figures, ADX has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The exchange's commitment to sustainability is evident, but further details on their climate strategies and pledges are currently unavailable.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 566,900 | 0,000 | 00,000 | 0,000 |
Scope 2 | 78,780 | 00,000 | 000,000 | 000,000 |
Scope 3 | - | 00,000 | 000,000 | 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.
Abu Dhabi Securities Exchange 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.