BME CONSOLIDATED, also known as Bolsas y Mercados Españoles, is a leading financial services company headquartered in Spain (ES). Established in 2002, BME plays a pivotal role in the Spanish securities market, overseeing the operation of various exchanges and trading platforms across the region. Specialising in the management of stock exchanges, clearing, and settlement services, BME offers a unique blend of innovative financial solutions tailored to meet the needs of investors and issuers alike. The company has achieved significant milestones, including the integration of multiple exchanges, which has solidified its position as a key player in the European financial landscape. With a commitment to transparency and efficiency, BME CONSOLIDATED continues to enhance its core offerings, making it a trusted partner in the financial industry.
How does BME CONSOLIDATED'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.
BME CONSOLIDATED's score of 38 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BME CONSOLIDATED reported total carbon emissions of approximately 3,000,610 kg CO2e, comprising Scope 1 emissions of about 1,581,760 kg CO2e, Scope 2 emissions of about 7,310 kg CO2e, and Scope 3 emissions of approximately 1,439,300 kg CO2e. Notably, the Scope 3 emissions included significant contributions from business travel (about 459,010 kg CO2e) and fuel and energy-related activities (approximately 436,650 kg CO2e). Comparatively, in 2022, BME CONSOLIDATED's emissions were approximately 1,581,760 kg CO2e for Scope 1, 375,920 kg CO2e for Scope 2, and 1,436,090 kg CO2e for Scope 3. This indicates a stable emission profile with a slight increase in Scope 1 and Scope 2 emissions year-on-year. BME CONSOLIDATED has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action within the industry context. The emissions data is not cascaded from any parent organization, indicating that BME CONSOLIDATED is independently reporting its emissions.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 106,220 | 00,000 | 00,000 | 0,000,000 |
| Scope 2 | 1,758,830 | 0,000,000 | 000,000 | 0,000 |
| Scope 3 | 990,220 | 000,000 | 0,000,000 | 0,000,000 |
BME CONSOLIDATED's Scope 3 emissions, which increased by 0% last year and increased by approximately 45% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 47% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 39% 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.
BME CONSOLIDATED 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.
