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OrganisationsFitch Group
Fitch Group logo

Fitch Group

Business ServicesUnited States
Last verified 8 months agofitch.group

Fitch Group, a prominent player in the Other Business Services sector, is headquartered in the United States and operates globally, with significant presence in Europe and Asia. Founded in 1913, Fitch Group has established itself as a leader in credit ratings, research, and risk analysis, primarily through its flagship entity, Fitch Ratings.

The company offers a range of services, including credit ratings, research, and analytics, which are distinguished by their rigorous methodologies and comprehensive market insights. Fitch Group's commitment to transparency and integrity has solidified its reputation, making it a trusted source for investors and financial institutions worldwide. With a strong market position, Fitch Group continues to achieve notable milestones, reinforcing its status as a key player in the financial services industry.

62
DitchCarbon score

+30 vs industry average

Fitch Group’s score of 62 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Business Services has below-average carbon intensity

Industry performance

0.078
20192025

The Business Services industry has increased its overall emissions by 24% since 2019

Emissions trajectory 2020 – 2028

00.0M00.0M00M00.0M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Fitch Group's reported carbon emissions

Fitch Group, headquartered in the US and operating in "Other business services (74)", has reported its carbon emissions for recent years. In 2025, their total emissions were approximately 41.4 billion kg CO2e. This figure comprises approximately 249,000 kg CO2e for Scope 1, and around 2.06 million kg CO2e for Scope 2 (market-based). Scope 3 emissions accounted for the vast majority, approximately 39.1 billion kg CO2e. Key contributors to their Scope 3 emissions include purchased goods and services (around 19.6 billion kg CO2e) and business travel (about 13.7 billion kg CO2e).

In 2024, Fitch Group's total emissions were approximately 41.9 billion kg CO2e, with Scope 1 emissions around 401,000 kg CO2e and Scope 2 (market-based) at about 3.17 million kg CO2e. Scope 3 emissions for 2024 were approximately 38.4 billion kg CO2e.

For 2023, total emissions were reported at approximately 46.9 billion kg CO2e. This included Scope 1 emissions of roughly 776,000 kg CO2e and Scope 2 (market-based) emissions of around 3.72 million kg CO2e. Scope 3 emissions for 2023 were approximately 42.4 billion kg CO2e. Data for specific Scope 3 categories such as purchased goods and services, business travel, and employee commute were noted as missing for the 2023 reporting year.

Fitch Group has set a long-term commitment to become Net Zero by 2040, with this strategy established in 2023. This ambitious target encompasses all scopes of emissions.

Emissions data for Fitch Group is cascaded from its parent organisation, Fitch Group, Inc. The company also reports that its CDP disclosures are sourced from Hearst Corporation.

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Fitch Group’s Climate Goals (2030 & 2050)

1 goal

2040

n, set an environmental strategy, published our carbon footp…

n, set an environmental strategy, published our carbon footprint data, and are working towards becoming Net Zero by 2040.

Behind target0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

7 of 15 categories disclosed
Purchased Goods & Services50%
Business Travel35%
Employee Commuting8%
Capital Goods2%
Fuel & Energy Activities2%
Upstream Transportation & Distribution2%
Waste Generated in Operations1%
Purchased Goods & Services50%
Business Travel35%
Employee Commuting8%
Capital Goods2%
Fuel & Energy Activities2%
Upstream Transportation & Distribution2%
Waste Generated in Operations1%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

Inherited from Hearst Corporation
See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Fitch Group logoFitch Group
USBusiness Services
8 months ago
62
Bloomberg Lp logoBloomberg Lp
USMedia Production
4 days ago
100
View
Verisk Analytics logoVerisk Analytics
USResearch Services
6 days ago
76
View
IHS Markit Ltd. logoIHS Markit Ltd.
GBComputer Services
2 days ago
75
View
IHS Markit Economics & Country Risk, Inc. logoIHS Markit Economics & Country Risk, Inc.
USResearch Services
3 months ago
73
View
Equifax logoEquifax
USBusiness Services
1 month ago
69
View
Fidelity Information Services, LLC logoFidelity Information Services, LLC
USComputer Services
3 months ago
52
View

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Ditchcarbonv260708.2
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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Platform

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Use Case

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  • Sustainable Sourcing: A Strategy for Decarbonisation
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