Cmc
CMC, or CMC Markets, is a leading global provider of online trading services, headquartered in the United States. Established in 1989, the company has grown to become a prominent player in the financial services industry, specialising in contracts for difference (CFDs) and spread betting. With a strong presence in major operational regions including Europe, Asia, and Australia, CMC Markets offers a diverse range of trading products, including forex, indices, commodities, and shares. What sets CMC apart is its cutting-edge trading platform, which combines advanced technology with user-friendly features, catering to both novice and experienced traders. The company has achieved significant milestones, including multiple awards for its innovative trading solutions and exceptional customer service. CMC Markets continues to solidify its market position as a trusted name in online trading, renowned for its commitment to transparency and client education.
DitchCarbon Score
How does Cmc'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 Precious Metal Reprocessing 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
Cmc's score of 47 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cmc's reported carbon emissions
In 2023, Commercial Metals Company (CMC) reported total carbon emissions of approximately 3,676,558,000 kg CO2e. This figure includes Scope 1 emissions of about 1,056,191,000 kg CO2e, Scope 2 emissions of around 1,232,430,000 kg CO2e, and Scope 3 emissions totalling approximately 1,387,937,000 kg CO2e. The total emissions for 2022 were slightly higher at about 3,830,834,000 kg CO2e, indicating a reduction in emissions year-on-year. CMC has set ambitious climate commitments, aiming to achieve a 20% reduction in Scope 1 and 2 emissions intensity by 2030, using a 2019 baseline. This goal is part of a broader strategy to increase renewable energy usage by 12 percentage points and reduce overall consumption intensity by 5%. Additionally, CMC is participating in the U.S. Department of Energy’s Better Buildings, Better Plants Initiative, with a target to reduce absolute energy use by 25% by 2023, based on a 2012 baseline. Looking towards the long term, CMC has committed to achieving net zero emissions by 2050, encompassing both Scope 1 and Scope 2 emissions. The company’s emissions data is independently reported and does not cascade from any parent organisation, ensuring transparency in its climate commitments and performance.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 148,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Cmc is participating in some 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.
