Cboe
Cboe Global Markets, commonly referred to as Cboe, is a leading exchange operator headquartered in the United States. Founded in 1973, Cboe has established itself as a pivotal player in the financial services industry, primarily focusing on options, equities, and exchange-traded products. With major operational regions spanning North America, Europe, and Asia, Cboe offers a diverse range of trading solutions. Cboe is renowned for its innovative products, including the Cboe Volatility Index (VIX), which has become a benchmark for market volatility. The company has achieved significant milestones, such as the introduction of the first listed options in the US. As a market leader, Cboe continues to enhance its offerings, providing unique trading experiences that cater to a global clientele.
DitchCarbon Score
How does Cboe'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
Cboe's score of 17 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cboe's reported carbon emissions
In 2023, Cboe reported total carbon emissions of approximately 33,949,000 kg CO2e, comprising 384,000 kg CO2e from Scope 1, 3,317,000 kg CO2e from Scope 2, and 32,949,000 kg CO2e from Scope 3 emissions. This marks a significant commitment to transparency in their carbon footprint, particularly in Scope 3, which includes emissions from purchased goods and services, business travel, and employee commuting. Cboe has set an ambitious target to achieve net zero emissions by 2050, encompassing all scopes of emissions. This long-term commitment reflects their dedication to responsible operations and aligns with industry standards for climate action. In previous years, Cboe's emissions have shown fluctuations, with total emissions of about 24,220,000 kg CO2e in 2018, decreasing to approximately 20,154,000 kg CO2e in 2019, and further to around 17,325,000 kg CO2e in 2020. By 2021, emissions were reported at about 6,526,000 kg CO2e, indicating a notable reduction in Scope 1 and 2 emissions. However, the increase in Scope 3 emissions in 2022 and 2023 highlights the ongoing challenges in managing indirect emissions. Cboe's commitment to achieving net zero by 2050 positions them as a proactive player in the financial services sector, addressing climate change through measurable targets and a focus on sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 |
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.
Cboe 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.
