Fitch Ratings, Ltd. Sustainability Profile
Fitch Ratings, Ltd., a leading global credit rating agency, is headquartered in London, GB. Established in 1914, Fitch has built a strong reputation in the financial services industry, providing credit ratings, research, and risk analysis across various sectors. With a presence in key markets including North America, Europe, and Asia-Pacific, Fitch serves a diverse clientele, including corporations, financial institutions, and government entities. Fitch's core offerings include credit ratings that assess the creditworthiness of issuers and debt instruments, as well as comprehensive research and analytical services. What sets Fitch apart is its commitment to transparency and rigorous methodologies, ensuring clients receive reliable insights. As a prominent player in the credit rating landscape, Fitch Ratings continues to uphold its position through innovative solutions and a deep understanding of market dynamics.
DitchCarbon Score
How does Fitch Ratings, Ltd.'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 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.
Industry Benchmark
Fitch Ratings, Ltd.'s score of 34 is higher than 56% 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 Ratings, Ltd., headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of Fitch Group, Inc., any performance metrics would be inherited from this parent organization. Notably, emissions data may also be influenced by the Hearst Corporation, which is at a cascade level of 2 in relation to Fitch Ratings. While there are no documented reduction targets or climate pledges from Fitch Ratings, Ltd., the company is part of a broader corporate family that may engage in sustainability initiatives. However, specific details regarding these initiatives or any commitments to the Science Based Targets initiative (SBTi) are not provided. In summary, Fitch Ratings, Ltd. has not disclosed specific emissions figures or reduction targets, and its climate commitments remain unclear within the context of its corporate structure.
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| 2023 | |
|---|---|
| Scope 1 | 776,000 |
| Scope 2 | 3,717,000 |
| Scope 3 | 42,392,000 |
How Carbon Intensive is Fitch Ratings, Ltd.'s Industry?
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Fitch Ratings, Ltd.'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 Ratings, Ltd. 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.
