Flatexdegiro

Flatexdegiro, operating in financial intermediation services (excluding insurance and pension funding) with its headquarters in Germany, has reported its carbon emissions and outlined climate commitments.

For the reporting year 2024, Flatexdegiro's total reported emissions reached approximately 5.0 million kg CO2e. This comprised Scope 1 emissions of about 406,100 kg CO2e, Scope 2 emissions of around 445,400 kg CO2e (with market-based Scope 2 emissions at approximately 25,100 kg CO2e), and substantial Scope 3 emissions totalling about 4,116,100 kg CO2e. Key contributors to their Scope 3 emissions in 2024 included employee commute (approximately 1,874,300 kg CO2e) and capital goods (approximately 1,003,300 kg CO2e).

In the preceding year, 2023, the company reported total emissions of approximately 4.5 million kg CO2e. This breakdown included Scope 1 emissions of about 415,600 kg CO2e, Scope 2 emissions of roughly 421,600 kg CO2e (with market-based Scope 2 emissions at approximately 25,600 kg CO2e), and Scope 3 emissions amounting to approximately 3,685,200 kg CO2e. Employee commute was also a significant factor in 2023, contributing about 1,902,000 kg CO2e to Scope 3.

Looking further back, for 2022, Flatexdegiro disclosed Scope 1 emissions of approximately 430,200 kg CO2e and Scope 2 emissions of about 489,200 kg CO2e. Scope 3 emissions were not reported for this year. In 2021, Scope 1 emissions were reported at approximately 487,500 kg CO2e, with Scope 2 and 3 data not explicitly detailed in the provided information.

Flatexdegiro has established a significant climate commitment: to reduce its Scope 1 and Scope 2 emissions by 70% across all locations by 2030, using 2021 as a baseline year. This target demonstrates a clear objective to drive decarbonisation within its operational footprint.