Public Profile

Ideanomics

Ideanomics, a prominent player in the financial technology and electric vehicle sectors, is headquartered in the United States. Founded in 2017, the company has rapidly evolved, focusing on innovative solutions that drive the adoption of electric vehicles and sustainable energy. With significant operations in North America and Asia, Ideanomics is dedicated to transforming traditional industries through its unique blend of fintech services and electric vehicle initiatives. The company offers a range of core products, including electric vehicle financing and fleet management solutions, distinguished by their integration of advanced technology and sustainability principles. Ideanomics has positioned itself as a leader in the market, achieving notable milestones such as strategic partnerships and expansions that enhance its competitive edge. With a commitment to fostering a greener future, Ideanomics continues to make significant strides in the evolving landscape of clean energy and transportation.

DitchCarbon Score

How does Ideanomics'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.

20

Industry Average

Mean score of companies in the Motor Vehicle Manufacturing 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.

2

Industry Benchmark

Ideanomics's score of 20 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

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Ideanomics's reported carbon emissions

In 2021, Ideanomics reported total carbon emissions of approximately 4,420 kg CO2e, comprising 350 kg CO2e from Scope 2 emissions and 4,070 kg CO2e from Scope 3 emissions. The Scope 2 emissions are attributed to electricity use, including heating and cooling, while the Scope 3 emissions primarily stem from their remote workforce. In 2020, the company recorded a total of about 1,330 kg CO2e in Scope 3 emissions, indicating a significant increase in emissions in 2021. Notably, Ideanomics has not disclosed any Scope 1 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. Overall, while Ideanomics has made strides in reporting their emissions, there is currently no indication of formal reduction targets or climate pledges to guide their future sustainability efforts.

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20202021
Scope 1
-
-
Scope 2
-
000
Scope 3
1,330
0,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ideanomics's primary industry is Motor vehicles, trailers and semi-trailers (34), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Ideanomics is in US, which has a low grid carbon intensity relative to other regions.

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.

Ideanomics 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers