Public Profile

BME CONSOLIDATED

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.

DitchCarbon Score

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.

46

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.

3

Industry Benchmark

BME CONSOLIDATED's score of 46 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

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BME CONSOLIDATED's reported carbon emissions

In 2023, BME CONSOLIDATED reported total carbon emissions of approximately 3,188,570 kg CO2e, comprising 1,585,760 kg CO2e from Scope 1, 7,310 kg CO2e from Scope 2, and 1,439,300 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions included significant contributions from business travel (459,010 kg CO2e) and fuel and energy-related activities (436,650 kg CO2e). Comparatively, in 2022, BME's emissions were about 1,617,890 kg CO2e, with Scope 1 emissions at 61,800 kg CO2e, Scope 2 at 375,920 kg CO2e, and Scope 3 at 1,436,090 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023, particularly in Scope 1. BME has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030, starting from a baseline year of 2024. Additionally, the company has committed to a long-term target of reducing total emissions across all scopes by 90% by 2050. In the near term, BME aims to reduce its carbon footprint by over 25% by 2025 and by 45% by 2030, using 2021 as the baseline year for these reductions. These commitments reflect BME's proactive approach to addressing climate change and reducing its overall carbon footprint, aligning with industry standards for sustainability and emissions reduction.

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2017201820192020202120222023
Scope 1
81,140
000,000
-
00,000
00,000,000
00,000
0,000,000
Scope 2
2,534,610
0,000,000
0,000,000
0,000,000
0,000,000
000,000
0,000
Scope 3
802,800
000,000
000,000
0,000,000
00,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BME CONSOLIDATED's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low 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. This request for BME CONSOLIDATED is in ES, which has a low grid carbon intensity relative to other regions.

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.

BME CONSOLIDATED 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

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