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 44 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Flatexdegiro's reported carbon emissions
In 2024, Flatexdegiro reported total carbon emissions of approximately 4,606,100 kg CO2e, with emissions distributed across various scopes: 406,100 kg CO2e from Scope 1, 445,400 kg CO2e from Scope 2, and a significant 4,110,100 kg CO2e from Scope 3. The Scope 2 emissions included 295,200 kg CO2e from purchased electricity. In comparison, the 2023 emissions were about 4,185,200 kg CO2e, with Scope 1 at 415,600 kg CO2e, Scope 2 at 421,600 kg CO2e, and Scope 3 at 3,685,200 kg CO2e. Flatexdegiro has set ambitious climate commitments, aiming to reduce both Scope 1 and Scope 2 emissions by 70% by 2030, starting from 2021 levels. This commitment reflects their dedication to environmental sustainability and compliance with decarbonisation standards. The company is actively working towards these targets, which are crucial for mitigating their overall carbon footprint and enhancing their corporate responsibility in the financial services sector. The emissions data is not cascaded from any parent organization, indicating that Flatexdegiro is independently reporting its carbon emissions and climate initiatives.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 487,500 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 |
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 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.
