ORX, or Operational Riskdata eXchange Association, is a leading organisation headquartered in Switzerland (CH), with significant operations across Europe and North America. Founded in 2011, ORX has established itself as a pivotal player in the operational risk management industry, providing valuable insights and data to financial institutions worldwide. The organisation is renowned for its comprehensive operational risk data exchange services, which enable members to share and analyse risk-related information effectively. ORX's unique approach to data aggregation and benchmarking sets it apart, fostering a collaborative environment that enhances risk management practices. With a strong market position, ORX has achieved notable milestones, including the development of the ORX Loss Database, which is widely regarded as a key resource for understanding operational risk trends. Through its commitment to innovation and member support, ORX continues to shape the future of operational risk management.
How does ORX'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.
ORX's score of 26 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ORX, headquartered in Switzerland (CH), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that ORX may still be in the early stages of developing its climate strategy or reporting framework. As of now, ORX does not inherit emissions data from any parent or related organisations, indicating that it operates independently in terms of climate commitments. Without specific emissions figures or reduction initiatives, it is unclear how ORX plans to address its carbon footprint or contribute to broader climate goals.
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.
ORX is not participating in any 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.