Bats Global Markets, Inc., commonly referred to as Bats, is a leading electronic trading platform headquartered in the United States. Founded in 2005, Bats has established itself as a significant player in the financial services industry, primarily focusing on equities, options, and foreign exchange markets. With major operational regions across North America and Europe, Bats offers innovative trading solutions that enhance market efficiency. The company is renowned for its advanced technology and competitive pricing, which have positioned it as a preferred choice for traders and investors alike. Notable achievements include its rapid growth in market share and the successful launch of various trading products, including the Bats Exchange, which has transformed the landscape of electronic trading. Bats continues to be a driving force in the evolution of market structure and trading practices.
How does Bats Global Markets, Inc.'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 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.
Bats Global Markets, Inc.'s score of 37 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bats Global Markets, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Cboe Global Markets, Inc., which may influence its climate-related initiatives and reporting. While Bats Global Markets has not established specific reduction targets or climate pledges, it is important to note that its emissions data and performance metrics are cascaded from its parent organisation, Cboe Global Markets, Inc. This relationship may provide a framework for future climate commitments and emissions reduction strategies. As of now, Bats Global Markets has not publicly committed to any specific science-based targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised climate frameworks. The lack of detailed emissions data and reduction targets suggests that the company may still be in the early stages of developing its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,829,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 000,000 | 
| Scope 2 | 6,885,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 | 
Bats Global Markets, Inc.'s Scope 3 emissions, which increased by 4% last year and increased by approximately 4% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.
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.
Bats Global Markets, Inc. 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.