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.
+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
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
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 goal2040
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.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
Inherited from Hearst CorporationThe Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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