Cboe

Cboe's commitment to environmental responsibility includes ambitious net-zero emissions targets. The company aims to achieve net-zero emissions across its operations and material Scope 3 emissions by 2050. Cboe has also announced an interim reduction goal for Scope 1 and 2 emissions.

In 2023, Cboe reported total global emissions of approximately 36.7 million kg CO2e. This comprised Scope 1 emissions of about 384,000 kg CO2e, Scope 2 (market-based) emissions of approximately 3.3 million kg CO2e, and Scope 3 emissions totalling about 32.9 million kg CO2e. The largest contributors to Scope 3 emissions in 2023 were purchased goods and services (approximately 21.3 million kg CO2e) and business travel (about 5.2 million kg CO2e).

For 2022, Cboe's total global emissions were approximately 32.5 million kg CO2e. This breakdown included Scope 1 emissions of around 25,000 kg CO2e, Scope 2 (market-based) emissions of approximately 838,000 kg CO2e, and Scope 3 emissions amounting to about 31.6 million kg CO2e.

Previous years' data shows:

• 2021: Total Scope 1 and 2 (market-based) emissions were approximately 6.5 million kg CO2e. Scope 3 data was not fully disclosed for this year, with purchased goods and services being a missing data point.
• 2020: Total Scope 1 and 2 (market-based) emissions reached approximately 11.3 million kg CO2e. Scope 3 data was not fully disclosed.
• 2019: Total Scope 1 and 2 (market-based) emissions were about 12.4 million kg CO2e. Scope 3 data was not fully disclosed.
• 2018: Total Scope 1 and 2 (market-based) emissions were approximately 8.7 million kg CO2e. Scope 3 data was not fully disclosed.

As a company providing financial intermediation services, except insurance and pension funding services (NAICS 65), Cboe operates within a sector where indirect emissions (Scope 3) often constitute the majority of its carbon footprint. Its reporting demonstrates a growing focus on tracking and managing these wider impacts.