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 33 is higher than 83% 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, with Scope 1 emissions accounting for about 607,500 kg CO2e and Scope 2 emissions at approximately 270,900 kg CO2e (market-based). This marks a reduction from 2022, where total emissions were about 919,400 kg CO2e, including Scope 1 emissions of approximately 628,800 kg CO2e and Scope 2 emissions of about 290,600 kg CO2e (market-based). In 2021, the company's total emissions were approximately 962,700 kg CO2e, with Scope 1 emissions at about 487,500 kg CO2e and Scope 2 emissions reaching approximately 475,200 kg CO2e (market-based). Despite these reductions, Flatexdegiro has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company continues to monitor its emissions across disclosed scopes, focusing on improving its environmental impact in the financial services sector.
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| 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.
