Apex Group
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 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Apex Group's reported carbon emissions
In 2021, Apex Group reported total carbon emissions of approximately 7,756,420 kg CO2e, with emissions distributed across various scopes: 2,620,000 kg CO2e from Scope 1, 6,500,000 kg CO2e from Scope 2, and 7,561,420 kg CO2e from Scope 3. Notably, Scope 3 emissions included significant contributions from business travel (1,200,000 kg CO2e) and purchased goods and services (6,300,000 kg CO2e). Despite the substantial emissions figures, Apex Group has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company does not appear to have cascaded any emissions data from a parent organization, as all reported figures are directly attributed to Apex Group Ltd. The absence of formal climate pledges or SBTi targets indicates a potential area for improvement in their sustainability strategy. As the company continues to navigate its climate commitments, it may benefit from establishing clear reduction goals and initiatives to enhance its environmental performance.
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| 2021 | |
|---|---|
| Scope 1 | 2,620,000 |
| Scope 2 | 6,500,000 |
| Scope 3 | 7,561,420 |
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.
Apex 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.
