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.
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.
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.
Fitch, Inc.'s score of 28 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 its carbon footprint. Notably, Fitch has set a long-term target to achieve a 33% reduction in total Scope 3 emissions by 2030, with a significant investment of USD 2 billion to support this initiative. Additionally, AT&T Inc., a related entity, has established a Science-Based Target (SBT) to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 26% by 2030, using 2015 as the base year. This commitment reflects a broader industry trend towards accountability and sustainability in emissions management. Fitch's climate initiatives demonstrate a proactive approach to addressing climate change, aligning with global efforts to mitigate environmental impact.
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.
Fitch, Inc. 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.