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.
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.
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.
Cmc's score of 36 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CMC reported total carbon emissions of approximately 3,676,558,000 kg CO2e, comprising 1,056,191,000 kg CO2e from Scope 1, 1,232,430,000 kg CO2e from Scope 2, and 1,387,937,000 kg CO2e from Scope 3 emissions. This marks a slight decrease from 2022, where total emissions were about 3,830,834,000 kg CO2e. Over the years, CMC has shown fluctuations in its emissions. For instance, in 2019, total emissions peaked at approximately 3,857,837,000 kg CO2e, with Scope 1 emissions at 1,048,006,000 kg CO2e, Scope 2 at 1,500,431,000 kg CO2e, and Scope 3 at 1,309,400,000 kg CO2e. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any climate pledges, indicating a potential area for improvement in their climate commitments. CMC's emissions intensity has varied, with the most recent data indicating an intensity of about 680 kg CO2e per tonne across all scopes. The company continues to operate within the steel sector, which is known for its significant carbon footprint, highlighting the importance of effective emissions management strategies.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 not participating in any 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.