Public Profile

Multi Commodity Exchange of India Limited

The Multi Commodity Exchange of India Limited (MCX) is a leading commodity exchange headquartered in Mumbai, India. Established in 2003, MCX has become a pivotal player in the Indian financial landscape, facilitating trading in a diverse range of commodities, including metals, energy, and agricultural products. With a focus on providing a transparent and efficient trading platform, MCX offers unique services such as futures trading and risk management solutions, catering to both institutional and retail investors. The exchange has achieved significant milestones, including being the first exchange in India to launch options trading in commodities. Recognised for its robust market position, MCX continues to innovate and expand its offerings, solidifying its reputation as a trusted hub for commodity trading in India and beyond.

DitchCarbon Score

How does Multi Commodity Exchange of India Limited'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.

23

Industry Average

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.

26

Industry Benchmark

Multi Commodity Exchange of India Limited's score of 23 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

Let us know if this data was useful to you

Multi Commodity Exchange of India Limited's reported carbon emissions

In 2023, the Multi Commodity Exchange of India Limited (MCX) reported total carbon emissions of approximately 2,113,000 kg CO2e, comprising 1,173,000 kg CO2e from Scope 1 and 941,000 kg CO2e from Scope 2 emissions. This data reflects a consistent emission profile compared to 2022, where the same levels of emissions were recorded. Despite the stable emissions figures, MCX has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. The absence of defined climate commitments or science-based targets indicates a potential area for improvement in their sustainability strategy. As a key player in the commodities market, MCX's emissions profile is significant within the industry context, highlighting the importance of adopting robust climate action plans to align with global sustainability goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20222023
Scope 1
1,173,000
0,000,000
Scope 2
941,000
000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Multi Commodity Exchange of India Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very 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 Multi Commodity Exchange of India Limited is in IN, which has a very high 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.

Multi Commodity Exchange of India Limited is participating in some 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

Similar Organizations

Miami International Holdings, Inc.

US
Computer and related services (72)
Updated 1 day ago

Dalian Commodity Exchange

CN
Services auxiliary to financial intermediation (67)
Updated 1 day ago

Cboe

US
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

BSEIndia

IN
Other business services (74)
Updated 1 day ago

Korea Exchange

KR
Services auxiliary to financial intermediation (67)
Updated 1 day ago

Where does DitchCarbon data come from?

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