Flatexdegiro
Flatexdegiro, a leading online brokerage firm, is headquartered in Germany and operates extensively across Europe. Founded in 2006, the company has rapidly established itself in the financial services industry, particularly in the areas of stock trading and investment solutions. Flatexdegiro is renowned for its innovative trading platform, which offers low-cost trading options and a user-friendly interface, making it accessible for both novice and experienced investors. With a commitment to transparency and efficiency, Flatexdegiro has achieved significant milestones, including the merger of Flatex and Degiro in 2020, which solidified its position as a major player in the European market. The firm’s core offerings include commission-free trading and a diverse range of investment products, setting it apart from traditional brokers. As a result, Flatexdegiro continues to attract a growing customer base, reinforcing its reputation as a trusted choice for online trading in Europe.
DitchCarbon Score
How does Flatexdegiro'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
Flatexdegiro's score of 16 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Flatexdegiro's reported carbon emissions
In 2023, Flatexdegiro reported total carbon emissions of approximately 878,400 kg CO2e. This figure includes about 607,500 kg CO2e from Scope 1 emissions and approximately 27,900 kg CO2e from Scope 2 emissions, with market-based Scope 2 emissions accounting for about 270,900 kg CO2e. In 2022, the company's total emissions were about 919,400 kg CO2e, comprising approximately 628,800 kg CO2e from Scope 1 and about 290,600 kg CO2e from market-based Scope 2 emissions. The previous year, 2021, saw total emissions of around 962,700 kg CO2e, with Scope 1 emissions at about 487,500 kg CO2e and market-based Scope 2 emissions at approximately 475,200 kg CO2e. Flatexdegiro has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. Overall, the company is actively monitoring its emissions across various scopes, but further commitments may enhance its climate action efforts.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 487,500 | 000,000 | 000,000 |
| Scope 2 | 475,200 | 000,000 | 000,000 |
| Scope 3 | - | 000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Flatexdegiro is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
