MarketAxess Holdings Inc., headquartered in the United States, is a leading electronic trading platform in the fixed-income market. Founded in 2000, the company has revolutionised the way institutional investors trade bonds, providing a transparent and efficient marketplace. With a strong presence in North America, Europe, and Asia, MarketAxess offers innovative solutions that enhance liquidity and streamline trading processes. The firm’s core products include its advanced trading technology and data analytics services, which are designed to optimise execution and improve price discovery. MarketAxess is recognised for its unique all-to-all trading model, allowing a diverse range of participants to connect and transact seamlessly. As a pioneer in the industry, MarketAxess has achieved significant milestones, including being the first to introduce a fully electronic platform for corporate bond trading, solidifying its position as a market leader in fixed-income trading solutions.
How does MarketAxess Holdings Inc.'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.
MarketAxess Holdings Inc.'s score of 35 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MarketAxess Holdings Inc. reported total carbon emissions of approximately 14,544,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 179,000 kg CO2e, while Scope 2 emissions totalled approximately 640,000 kg CO2e (market-based). The majority of their emissions stemmed from Scope 3, which accounted for around 13,725,000 kg CO2e, primarily from purchased goods and services (about 12,162,000 kg CO2e) and employee commuting (approximately 890,000 kg CO2e). In 2022, the company reported total emissions of about 7,000,000 kg CO2e, with Scope 1 emissions at approximately 172,300 kg CO2e, Scope 2 emissions around 608,251 kg CO2e (market-based), and Scope 3 emissions totalling about 2,000,000 kg CO2e. Despite these figures, MarketAxess has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests a need for further action in aligning with industry standards for sustainability and emissions reduction.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 172,300 | 000,000 |
Scope 2 | 608,251 | 000,000 |
Scope 3 | 1,786,900 | 00,000,000 |
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.
MarketAxess Holdings Inc. is not committed to any reduction initiatives 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.