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Flatexdegiro, a leading player in the financial intermediation services sector, is headquartered in Germany and operates extensively across Europe. Founded in 2006, the company has rapidly evolved, merging with Degiro in 2020 to enhance its market presence and service offerings. Flatexdegiro is renowned for its innovative trading platform, which provides cost-effective access to a wide range of financial instruments, including stocks, ETFs, and derivatives.
The firm distinguishes itself through its low-cost trading model and user-friendly interface, appealing to both novice and experienced investors. With a strong commitment to transparency and efficiency, Flatexdegiro has secured a prominent position in the market, serving millions of clients and achieving significant growth in assets under management. Its dedication to providing exceptional financial services continues to set it apart in the competitive landscape of financial intermediation.
+26 vs industry average
Flatexdegiro’s score of 63 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Flatexdegiro, a German financial intermediation services company, reported total emissions of about 17,726,900 kg CO2e in 2024. This includes approximately 406,100 kg CO2e from Scope 1 emissions, around 298,400 kg CO2e from market-based Scope 2 emissions (612,400 kg CO2e location-based), and roughly 17,022,400 kg CO2e from Scope 3 emissions. The company's Scope 3 emissions in 2024 were primarily driven by purchased goods and services (approximately 13,013,100 kg CO2e), employee commute (about 1,874,300 kg CO2e), and capital goods (around 1,003,300 kg CO2e).
In 2023, Flatexdegiro's total emissions were approximately 14,763,300 kg CO2e, comprising about 415,600 kg CO2e from Scope 1, roughly 309,000 kg CO2e from market-based Scope 2 emissions (606,300 kg CO2e location-based), and around 14,038,700 kg CO2e from Scope 3 emissions.
Looking back to 2022, Flatexdegiro disclosed Scope 1 emissions of approximately 430,200 kg CO2e and Scope 2 emissions of about 489,200 kg CO2e. For 2021, only Scope 1 emissions were reported, totalling approximately 487,500 kg CO2e.
Flatexdegiro has set a near-term absolute reduction target to decrease its Scope 1 and Scope 2 emissions by 70% by 2030, using 2021 as the baseline year. This commitment covers all of their locations.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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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