Apex Group Sustainability Profile
Apex Group Ltd., commonly referred to as Apex, is a leading global financial services provider headquartered in Bermuda (BM). Founded in 2003, the company has rapidly expanded its operations across key regions, including Europe, North America, and Asia-Pacific. Apex operates within the financial services industry, specialising in fund administration, financial reporting, and corporate services. With a commitment to innovation, Apex offers a unique suite of services designed to enhance operational efficiency for clients. The firm has achieved significant milestones, including strategic acquisitions that have bolstered its market position. Recognised for its comprehensive solutions and client-centric approach, Apex Group continues to set industry standards, making it a preferred partner for asset managers and institutional investors worldwide.
DitchCarbon Score
How does Apex 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 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.
Industry Benchmark
Apex Group's score of 22 is lower than 82% 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
Apex Group's reported carbon emissions
In 2021, Apex Group, headquartered in BM, reported total carbon emissions of approximately 10,000,000 kg CO2e. This figure includes 2,620,000 kg CO2e from Scope 1 emissions, 6,500,000 kg CO2e from Scope 2 emissions, and 7,561,420 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions breakdown reveals significant contributions from purchased goods and services (6,300,000 kg CO2e) and business travel (1,200,000 kg CO2e). Despite the substantial emissions figures, Apex Group has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded any emissions data from a parent organization, indicating that the reported figures are solely from Apex Group Ltd. Apex Group's emissions per employee stand at about 1,400 kg CO2e, and emissions per million units of revenue are approximately 0.000012 kg CO2e. These metrics provide insight into the company's operational efficiency concerning carbon output. Overall, while Apex Group has made strides in transparency regarding its emissions, further details on reduction strategies and commitments would enhance its climate action profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | |
|---|---|
| Scope 1 | 2,620,000 |
| Scope 2 | 6,500,000 |
| Scope 3 | 7,561,420 |
How Carbon Intensive is Apex Group's Industry?
How Carbon Intensive is Apex Group's Location?
Apex Group's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
Top Scope 3 Categories
Apex Group'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.
Apex Group 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.
