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Public Profile
Financial Intermediation
US
updated 9 months ago

Fitch Solutions, Inc. Sustainability Profile

Company website

Fitch Solutions, Inc., a prominent player in the financial services industry, is headquartered in the United States. Founded in 2011, the company has rapidly established itself as a trusted provider of credit ratings, research, and risk analysis, serving clients across various sectors globally. With a strong focus on delivering insightful data and analytics, Fitch Solutions offers unique products such as credit risk assessments and macroeconomic forecasts, which are essential for informed decision-making. The firm operates extensively in North America, Europe, and Asia-Pacific, positioning itself as a leader in the market. Notable achievements include its comprehensive suite of solutions that cater to the needs of financial institutions, corporations, and government entities. By leveraging its deep industry expertise and innovative technology, Fitch Solutions continues to enhance its reputation as a reliable source of financial intelligence.

DitchCarbon Score

How does Fitch Solutions, 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.

31

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.

32

Industry Benchmark

Fitch Solutions, Inc.'s score of 31 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Fitch Solutions, Inc.'s reported carbon emissions

Inherited from Fitch Group, Inc.

Fitch Solutions, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Fitch Group, Inc., which may influence its climate-related initiatives and commitments. While there are no documented reduction targets or climate pledges from Fitch Solutions, it is important to note that emissions data may be inherited from its parent company, Hearst Corporation, at a cascade level of 2. This means that any climate commitments or emissions data relevant to Fitch Solutions could be derived from Hearst Corporation's sustainability efforts. As of now, Fitch Solutions has not established specific science-based targets or initiatives under the Science Based Targets initiative (SBTi) or other recognised frameworks. The lack of reported emissions data and reduction targets suggests that the company may still be in the early stages of formalising its climate commitments. In summary, while Fitch Solutions, Inc. does not currently provide specific emissions data or reduction targets, its relationship with Fitch Group, Inc. and Hearst Corporation may play a role in shaping its future climate strategies.

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2023
Scope 1
776,000
Scope 2
3,717,000
Scope 3
42,392,000

How Carbon Intensive is Fitch Solutions, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fitch Solutions, Inc.'s primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Fitch Solutions, Inc.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Fitch Solutions, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Fitch Solutions, 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 Solutions, 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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