Flatexdegiro

Flatexdegiro's reported carbon emissions

Flatexdegiro, headquartered in Germany and operating in financial intermediation services (excluding insurance and pension funding), has disclosed its carbon emissions and climate commitments. For the financial year 2024, Flatexdegiro reported total absolute emissions of approximately 4,967,600 kg CO2e. This figure encompasses Scope 1 emissions of about 406,100 kg CO2e and Scope 2 emissions of approximately 445,400 kg CO2e, with market-based Scope 2 emissions at about 25,100 kg CO2e. Scope 3 emissions for the same period were reported at approximately 4,116,100 kg CO2e, with significant contributions from employee commuting (around 1,874,300 kg CO2e) and capital goods (about 1,003,300 kg CO2e). In 2023, total absolute emissions were approximately 4,522,400 kg CO2e. This included Scope 1 emissions of about 415,600 kg CO2e and Scope 2 emissions of around 421,600 kg CO2e (market-based Scope 2 emissions were approximately 25,600 kg CO2e). Scope 3 emissions amounted to approximately 3,685,200 kg CO2e, with employee commuting being a major contributor (around 1,902,000 kg CO2e). For 2022, Scope 1 and Scope 2 emissions combined totalled approximately 919,400 kg CO2e, with Scope 1 emissions at about 430,200 kg CO2e and Scope 2 at approximately 489,200 kg CO2e. Flatexdegiro has set a significant climate target: to reduce Scope 1 and Scope 2 emissions by 70% across all locations by 2030, with a baseline year of 2021. This commitment underscores their dedication to decarbonisation and environmental sustainability.