Plus500 Ltd, a leading online trading platform, is headquartered in the United Kingdom and operates across major regions including Europe, Australia, and Asia. Founded in 2008, Plus500 has established itself in the financial services industry, specialising in Contracts for Difference (CFDs) across various asset classes such as stocks, commodities, and cryptocurrencies. The platform is renowned for its user-friendly interface and innovative trading technology, which allows clients to trade seamlessly on a wide range of instruments. Plus500's commitment to transparency and regulatory compliance has earned it a strong market position, with millions of active users globally. Notable achievements include being listed on the London Stock Exchange, further solidifying its reputation as a trusted broker in the competitive online trading landscape.
How does Plus500'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.
Plus500's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Plus500 reported carbon emissions of approximately 331,000 kg CO2e, all of which fall under Scope 2 emissions. This marks a significant increase from 2022, when their Scope 2 emissions were about 292,100 kg CO2e. In 2022, Plus500's total emissions were approximately 299,900 kg CO2e, with 7,800 kg CO2e attributed to Scope 2 emissions in the UK. In 2021, the company recorded total emissions of about 235,100 kg CO2e globally, with no emissions reported under Scope 1, and 235,100 kg CO2e under Scope 2. The UK-specific data for 2021 showed emissions of approximately 7,600 kg CO2e, again solely from Scope 2. Despite these figures, Plus500 has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) commitments suggests that the company may still be in the early stages of formalising its climate strategy. Overall, while Plus500's emissions data indicates a reliance on electricity consumption reflected in their Scope 2 emissions, the lack of reduction targets highlights an opportunity for the company to enhance its climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | - | - |
Scope 2 | 186,900 | 000,000 | 000,000 | 000,000 |
Scope 3 | - | - | - | - |
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.
Plus500 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.