Euroclear, officially known as Euroclear SA/NV, is a leading financial services company headquartered in Belgium (BE). Established in 1968, Euroclear has grown to become a pivotal player in the global securities industry, providing settlement and related services for a wide range of financial instruments. With major operational regions across Europe, North America, and Asia, the firm facilitates the efficient processing of transactions for clients worldwide. Euroclear's core offerings include securities settlement, custody, and collateral management, distinguished by their commitment to innovation and security. The company has achieved significant milestones, including the introduction of advanced technology solutions that enhance operational efficiency. As a trusted partner for financial institutions, Euroclear holds a strong market position, recognised for its reliability and expertise in managing complex financial transactions.
How does Euroclear'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.
Euroclear's score of 55 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Euroclear reported total carbon emissions of approximately 94,022,000 kg CO2e. This figure includes 717,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 4,085,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 92,746,000 kg CO2e, fall under Scope 3, which includes emissions from the value chain such as investments, business travel, and purchased goods and services. Euroclear has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050, using 2019 as the base year. The company targets a 55% reduction in absolute Scope 1 and 2 emissions by 2030 and a 90% reduction by 2050. Additionally, Euroclear plans to reduce absolute Scope 3 emissions by 28% by 2030 and 90% by 2050. These targets align with science-based methodologies to ensure a sustainable future and demonstrate Euroclear's commitment to addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 928,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 2,484,000 | 0,000,000 | 000,000 | 000,000 |
Scope 3 | 66,153,000 | 000,000,000 | 00,000,000 | 00,000,000 |
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.
Euroclear is not committed to any reduction initiatives 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.