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New Zealand's Exchange (NZX), headquartered in Wellington, NZ, is a leading player in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding (65). Established in 2002, NZX has evolved significantly, becoming a pivotal platform for capital markets in New Zealand.
NZX offers a range of core services, including securities trading, market data, and clearing services, distinguished by its commitment to transparency and efficiency. The exchange plays a crucial role in facilitating investment opportunities and fostering economic growth within the region.
With a strong market position, NZX has achieved notable milestones, including the introduction of innovative trading technologies and a diverse array of listed companies, enhancing its reputation as a trusted financial intermediary.
-4 vs industry average
New Zealands Exchange’s score of 33 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
NZX, headquartered in NZ and operating in Financial intermediation services, except insurance and pension funding services, reported total emissions of approximately 279,700 kg CO2e in 2023.
Breaking this down by scope:
In 2022, NZX's total emissions were approximately 119,800 kg CO2e. This included 8,800 kg CO2e for Scope 1, 51,500 kg CO2e for Scope 2 (purchased electricity), and approximately 59,000 kg CO2e for Scope 3, comprising 15,000 kg CO2e from employee commute, 7,300 kg CO2e from waste generated in operations, 10,400 kg CO2e from fuel and energy related activities, and 26,600 kg CO2e from upstream transportation and distribution.
For 2021, NZX's total emissions were approximately 80,900 kg CO2e. This consisted of 4,200 kg CO2e for Scope 1, 39,800 kg CO2e for Scope 2 (purchased electricity), and approximately 36,900 kg CO2e for Scope 3, which included 26,500 kg CO2e from employee commute, 1,900 kg CO2e from waste generated in operations, 8,500 kg CO2e from fuel and energy related activities, and 0 kg CO2e from upstream transportation and distribution.
No emissions data was provided for 2019.
NZX has not disclosed specific reduction targets, such as those validated by the Science Based Targets initiative (SBTi), nor has it made a climate pledge. Emissions performance data is directly reported by NZX Limited.
No climate goals have been disclosed for New Zealands Exchange yet.
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