PrimaryBid, a leading fintech company headquartered in Great Britain, revolutionises the way retail investors access public equity offerings. Founded in 2016, the company has quickly established itself as a key player in the capital markets industry, facilitating seamless participation in initial public offerings (IPOs) and secondary fundraises. With a focus on transparency and inclusivity, PrimaryBid enables everyday investors to engage directly with public companies, a service that sets it apart in the market. The platform's unique technology allows users to invest alongside institutional investors, ensuring equal access to investment opportunities. Recognised for its innovative approach, PrimaryBid has garnered significant attention and partnerships within the financial sector, solidifying its position as a trusted facilitator of retail investment in the UK and beyond.
How does PrimaryBid'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.
PrimaryBid's score of 16 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, PrimaryBid reported total carbon emissions of approximately 19,000,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 1,295,000 kg CO2e, Scope 2 emissions of around 703,000 kg CO2e, and significant Scope 3 emissions totalling approximately 16,000,000 kg CO2e. The breakdown of Scope 3 emissions reveals major contributions from purchased goods and services (about 41,934,000 kg CO2e) and capital goods (approximately 13,762,000 kg CO2e). Comparatively, in 2022, the total emissions were about 20,000,000 kg CO2e, with Scope 1 at 1,402,000 kg CO2e, Scope 2 at 562,000 kg CO2e, and Scope 3 emissions reaching approximately 19,291,000 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. Despite these figures, PrimaryBid has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of documented reduction targets suggests that while emissions data is available, a structured approach to climate commitments may still be in development.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 1,402,000 | 0,000,000 |
Scope 2 | 562,000 | 000,000 |
Scope 3 | 70,225,000 | 00,000,000 |
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.
PrimaryBid is not committed to any reduction initiatives 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.