ION Group, headquartered in the United States, is a leading provider of technology solutions for the financial services industry. Founded in 1999, the company has established a strong presence in major operational regions, including Europe and Asia, delivering innovative software and data solutions that enhance trading, risk management, and analytics. Specialising in areas such as trading technology, market data, and risk management, ION Group's core products are distinguished by their ability to integrate seamlessly with existing systems, providing clients with enhanced operational efficiency. The company has achieved significant milestones, including strategic acquisitions that have expanded its product offerings and market reach. With a robust market position, ION Group is recognised for its commitment to innovation and excellence, making it a trusted partner for financial institutions worldwide.
How does ION Group'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 Services Auxiliary to 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.
ION Group's score of 17 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2020, ION Group reported total carbon emissions of approximately 12,604 kg CO2e from its operations in Greece, with emissions broken down into Scope 1 (2,203 kg CO2e), Scope 2 (9,149 kg CO2e), and Scope 3 (1,252 kg CO2e). This represents a slight decrease from 2019, when total emissions were about 14,683 kg CO2e, with Scope 1 at 2,146 kg CO2e, Scope 2 at 11,002 kg CO2e, and Scope 3 at 1,535 kg CO2e. The company has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organisation. ION Group's emissions intensity for 2020 was reported at about 700 kg CO2e per tonne of product, a decrease from 730 kg CO2e per tonne in 2019 and 830 kg CO2e per tonne in 2018. While ION Group has not set formal science-based targets or climate pledges, it is essential for the organisation to consider establishing such commitments to align with industry standards and contribute to global climate goals.
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.
ION Group 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.
