Markit Ltd. Sustainability Profile
Markit Ltd., a leading provider of financial information services, is headquartered in Great Britain and operates extensively across Europe, North America, and Asia. Founded in 2003, the company has established itself as a key player in the financial services industry, offering innovative solutions that enhance transparency and efficiency in global markets. Markit Ltd. specialises in data and analytics, credit risk management, and trade processing, with unique offerings such as its comprehensive pricing and valuation services. The company has achieved significant milestones, including the development of industry-standard benchmarks and indices that are widely used by financial institutions. With a strong market position, Markit Ltd. is recognised for its commitment to quality and innovation, making it a trusted partner for clients seeking to navigate the complexities of the financial landscape.
DitchCarbon Score
How does Markit Ltd.'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.
Industry Average
Mean score of companies in the Computer Services 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.
Industry Benchmark
Markit Ltd.'s score of 91 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Markit Ltd., headquartered in Great Britain, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The company is a current subsidiary of S&P Global Inc., which means that any climate commitments or emissions data may be inherited from its parent organization. As part of its corporate family relationship, Markit Ltd. aligns with the climate initiatives and targets set by S&P Global Inc. This includes participation in various sustainability frameworks, although specific reduction targets or achievements for Markit Ltd. itself have not been disclosed. The lack of direct emissions data suggests that Markit Ltd. may be in the process of developing its own climate strategy or reporting framework. However, it is important to note that the company is part of a larger entity that is actively engaged in climate action, which may influence its future commitments and performance in reducing carbon emissions.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,046,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 27,305,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 42,740,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Markit Ltd.'s Industry?
How Carbon Intensive is Markit Ltd.'s Location?
Markit Ltd.'s Scope 3 Categories Breakdown
Markit Ltd.'s Scope 3 emissions, which increased by 29% last year and increased by approximately 946% 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 76% of Scope 3 emissions.
Top Scope 3 Categories
Markit Ltd.'s Climate Goals (2030 & 2050)
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.
Markit Ltd. 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.
