Forex Capital Markets LLC, commonly known as FXCM, is a leading online foreign exchange and CFD broker headquartered in the United States. Established in 1999, FXCM has grown to become a prominent player in the forex trading industry, serving clients across major operational regions including Europe, Asia, and Australia. Specialising in providing innovative trading solutions, FXCM offers a range of core products and services, including forex trading, CFDs, and spread betting. What sets FXCM apart is its commitment to transparency and customer education, empowering traders with advanced tools and resources. With a strong market position, FXCM has achieved notable milestones, including regulatory approvals in multiple jurisdictions, solidifying its reputation as a trusted broker in the competitive forex landscape.
How does Forex Capital Markets LLC'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.
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.
Forex Capital Markets LLC's score of 31 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Forex Capital Markets LLC, headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Jefferies Financial Group Inc., which may influence its climate commitments and reporting practices. As of now, Forex Capital Markets LLC has not established any documented reduction targets or climate pledges. The lack of specific emissions data suggests that the company may be in the early stages of developing its sustainability strategy or may rely on the broader initiatives of its parent company. Given its affiliation with Jefferies Financial Group Inc., emissions data and climate initiatives may be cascaded from this parent organisation. However, no specific targets or initiatives from Jefferies have been detailed in relation to Forex Capital Markets LLC. In summary, while Forex Capital Markets LLC has not disclosed any emissions data or reduction commitments, its relationship with Jefferies Financial Group Inc. may play a role in shaping its future climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,321,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,369,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000 |
| Scope 3 | 40,318,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Forex Capital Markets LLC's Scope 3 emissions, which increased by 28% last year and increased by approximately 586% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 46% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Forex Capital Markets LLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.