MarketAxess Corporation, a leading electronic trading platform, is headquartered in the United States and operates extensively across major financial markets globally. Founded in 2000, the company has revolutionised the fixed-income trading landscape, providing innovative solutions for institutional investors and dealers. Specialising in the electronic trading of corporate bonds, municipal bonds, and other fixed-income securities, MarketAxess offers unique services such as its Open Trading platform, which enhances liquidity and price transparency. The firm has established a strong market position, consistently ranking as a top venue for bond trading, and has achieved significant milestones, including the introduction of advanced analytics and data services. With a commitment to improving market efficiency, MarketAxess continues to set industry standards, making it a pivotal player in the evolving landscape of fixed-income trading.
How does MarketAxess Corporation'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.
MarketAxess Corporation's score of 53 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MarketAxess Corporation, headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of MarketAxess Holdings Inc., which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or climate pledges from MarketAxess Corporation. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. Given the lack of direct emissions data, it is important to note that MarketAxess Corporation's climate commitments may be informed by broader industry standards and practices, particularly those set by its parent company, MarketAxess Holdings Inc. However, without specific figures or targets, it is challenging to assess the company's environmental impact or progress towards sustainability goals. In summary, while MarketAxess Corporation is part of a larger corporate family that may have climate initiatives, it currently lacks publicly available emissions data and defined reduction targets.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 172,300 | 000,000 | 000,000 |
| Scope 2 | 608,250 | 000,000 | 000,000 |
| Scope 3 | 1,786,900 | 00,000,000 | 00,000,000 |
MarketAxess Corporation's Scope 3 emissions, which increased by 4% last year and increased by approximately 743% since 2022, 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 81% 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.
MarketAxess Corporation 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.
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