BGC
BGC Partners, Inc., commonly referred to as BGC, is a leading global brokerage firm headquartered in New York City, with significant operations in London, Singapore, and other major financial centres. Founded in 1945, BGC has established itself in the financial services industry, specialising in inter-dealer brokerage and financial technology solutions. The company offers a diverse range of services, including voice and electronic brokerage, market data, and post-trade services, distinguished by its innovative technology and commitment to client service. BGC's unique approach to integrating advanced technology with traditional brokerage has positioned it as a key player in the market, earning recognition for its efficiency and reliability. With a strong market presence and a reputation for excellence, BGC Partners continues to achieve notable milestones, solidifying its status as a trusted partner in the financial sector.
DitchCarbon Score
How does BGC'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
BGC's score of 33 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BGC's reported carbon emissions
In 2023, BGC reported total carbon emissions of approximately 657.4 million tonnes CO2e. This figure includes 4.6 million tonnes CO2e from Scope 1 emissions, which primarily stem from direct operations, and 16.6 million tonnes CO2e from Scope 2 emissions, related to purchased electricity. The majority of their emissions, about 672.7 million tonnes CO2e, fall under Scope 3, which encompasses indirect emissions from the use of sold products, upstream transportation, and other supply chain activities. Comparatively, in 2022, BGC's total emissions were around 805 million tonnes CO2e, indicating a significant reduction of approximately 147.6 million tonnes CO2e year-on-year. This reduction reflects BGC's ongoing commitment to addressing climate change, although specific reduction targets or initiatives have not been detailed in their current reporting. BGC's climate strategy appears to focus on reducing overall emissions, particularly in Scope 3, which represents the largest portion of their carbon footprint. However, as of now, there are no publicly stated reduction targets or commitments to specific climate initiatives.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
|---|---|---|
| Scope 1 | 6,579,000 | 0,000,000 |
| Scope 2 | 10,679,000 | 00,000,000 |
| Scope 3 | 872,089,000 | 000,000,000 |
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.
BGC 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.
