Cmc Sustainability Profile
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 60 is higher than 100% 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 2024, Commercial Metals Company (CMC) reported total carbon emissions of approximately 3.87 billion kg CO2e. This figure includes Scope 1 emissions of about 1.04 billion kg CO2e, Scope 2 emissions of approximately 1.22 billion kg CO2e, and Scope 3 emissions of around 1.62 billion kg CO2e. The total emissions for 2023 were slightly lower at approximately 3.68 billion kg CO2e, with Scope 1 at about 1.06 billion kg CO2e, Scope 2 at around 1.23 billion kg CO2e, and Scope 3 at approximately 1.39 billion kg CO2e. CMC has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions intensity by 20% by 2030, using a 2019 baseline. Additionally, the company is focused on increasing its renewable energy usage by 12 percentage points and reducing its overall energy consumption intensity by 5% within the same timeframe. CMC is also participating in the U.S. Department of Energy’s Better Buildings, Better Plants Initiative, with a goal to reduce absolute energy use by 25% by 2023 based on a 2012 baseline. Looking towards the future, CMC has established a long-term goal of achieving net zero emissions by 2050, demonstrating its commitment to sustainability and climate action.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 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 | 0,000,000,000 |
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Cmc's Climate Goals (2030 & 2050)
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.
Cmc has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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