Public Profile

Axess

Axess Group, commonly referred to as Axess, is a prominent player in the financial technology sector, headquartered in Norway. Founded in 2000, the company has established itself as a leader in providing innovative solutions for the fixed income market, particularly through its flagship platform, MarketAxess. This platform revolutionises the way institutional investors trade bonds, offering unique features such as enhanced liquidity and real-time pricing. With a strong operational presence across Europe and North America, Axess has achieved significant milestones, including the introduction of advanced trading technologies that streamline the bond trading process. The company is recognised for its commitment to transparency and efficiency, positioning itself as a trusted partner for investment firms seeking to optimise their trading strategies. Through its cutting-edge services, Axess continues to shape the future of fixed income trading.

DitchCarbon Score

How does Axess'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.

16

Industry Average

Mean score of companies in the Crude Oil Extraction 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.

0

Industry Benchmark

Axess's score of 16 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Axess's reported carbon emissions

In 2023, Axess reported total carbon emissions of approximately 8,200,000 kg CO2e, comprising 20,400 kg CO2e from Scope 1, 640,000 kg CO2e from Scope 2, and 8,879,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services (approximately 12,162,000 kg CO2e), business travel (about 990,000 kg CO2e), and employee commuting (approximately 890,000 kg CO2e). In 2022, Axess's total emissions were about 8,240,000 kg CO2e, with Scope 1 emissions at 172,300 kg CO2e, Scope 2 emissions at approximately 608,251 kg CO2e, and Scope 3 emissions reaching 8,240,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Overall, Axess's emissions data reflects a commitment to transparency in reporting, although further details on reduction strategies and targets would enhance their climate action narrative.

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2017202020222023
Scope 1
-
-
000,000
00,000
Scope 2
-
-
000,000
000,000
Scope 3
4,798,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Axess's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Axess is headquartered in NO, which has a rank of very low, indicating very low grid carbon 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.

Axess 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers