Cboe Exchange, Inc., commonly referred to as Cboe, is a leading global exchange operator headquartered in the United States. Established in 1973, Cboe has significantly shaped the financial landscape, particularly in options and futures trading. With major operational regions across North America, Europe, and Asia, the company has become a pivotal player in the derivatives market. Cboe is renowned for its innovative trading solutions, including the Cboe Volatility Index (VIX), which measures market expectations of near-term volatility. This unique offering, alongside a diverse range of equity options and exchange-traded products, positions Cboe as a market leader. The exchange's commitment to technology and customer service has earned it numerous accolades, solidifying its reputation as a trusted venue for traders and investors worldwide.
How does Cboe Exchange, Inc.'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.
Cboe Exchange, Inc.'s score of 37 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cboe Exchange, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Cboe Global Markets, Inc., which may influence its climate commitments and reporting practices. While Cboe Exchange, Inc. has not established specific reduction targets or initiatives, it is important to note that it inherits its climate-related data and performance metrics from its parent company, Cboe Global Markets, Inc. This relationship may provide a framework for future climate commitments and emissions reporting. As of now, Cboe Exchange, Inc. has not publicly committed to any specific climate pledges or initiatives, such as those outlined by the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The lack of detailed emissions data and reduction targets suggests that the company may still be in the early stages of developing its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
Cboe Exchange, Inc.'s Scope 3 emissions, which increased by 4% last year and increased by approximately 4% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 64% 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.
Cboe Exchange, Inc. 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.