Fitch, Inc. Sustainability Profile
Fitch, Inc., a prominent player in the global credit rating industry, is headquartered in the United States and operates extensively across major financial markets worldwide. Founded in 1914, Fitch has established itself as a trusted provider of credit ratings, research, and risk analysis, catering to a diverse clientele that includes corporations, financial institutions, and governments. The company is renowned for its comprehensive suite of services, which includes credit ratings, research, and analytical tools that empower clients to make informed financial decisions. Fitch's commitment to transparency and rigorous methodologies sets it apart in a competitive landscape. With a strong market position, Fitch has achieved notable milestones, including recognition as one of the "Big Three" credit rating agencies, alongside Moody's and S&P Global.
DitchCarbon Score
How does Fitch, 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.
Industry Average
Mean score of companies in the Business Services 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
Fitch, Inc.'s score of 28 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fitch, Inc.'s reported carbon emissions
Fitch, Inc., headquartered in the US, currently does not report any specific carbon emissions data. However, the company is actively engaged in climate commitments aimed at reducing greenhouse gas emissions. Notably, AT&T Inc., a related entity, has set a Science-Based Target (SBT) to achieve a 26% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2015 as the base year. This commitment reflects a proactive approach to mitigating climate impact. Additionally, Vale S.A., another associated organisation, has announced a significant initiative to allocate USD 2 billion towards achieving a 33% reduction in both direct and indirect emissions by 2030. This target encompasses Scope 3 emissions, indicating a comprehensive strategy to address the full spectrum of emissions associated with their operations. While Fitch, Inc. does not currently disclose its own emissions data, these initiatives from related organisations highlight a commitment to sustainability and climate action within its corporate family.
How Carbon Intensive is Fitch, Inc.'s Industry?
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Fitch, Inc.'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.
Fitch, 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.
