Public Profile

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.

33

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.

26

Industry Benchmark

Flatexdegiro's score of 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

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Flatexdegiro's reported carbon emissions

In 2023, Flatexdegiro reported total carbon emissions of approximately 878,400 kg CO2e, with Scope 1 emissions accounting for about 607,500 kg CO2e and Scope 2 emissions at approximately 270,900 kg CO2e (market-based). The previous year, 2022, saw total emissions of about 919,400 kg CO2e, with Scope 1 emissions at approximately 628,800 kg CO2e and Scope 2 emissions at about 290,600 kg CO2e (market-based). In 2021, the company recorded total emissions of around 962,700 kg CO2e, with Scope 1 emissions of about 487,500 kg CO2e. Flatexdegiro has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of defined reduction strategies suggests a need for further development in their sustainability efforts. The company operates within the financial services sector, where increasing attention to carbon emissions and climate action is becoming essential for maintaining competitive advantage and meeting stakeholder expectations.

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202120222023
Scope 1
487,500
000,000
000,000
Scope 2
475,200
000,000
000,000
Scope 3
-
000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Flatexdegiro's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Flatexdegiro is in DE, which has a medium grid carbon intensity relative to other regions.

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 participating in any of the initiatives that 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.

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

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Where does DitchCarbon data come from?

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