Refinitiv US Holdings Inc. Sustainability Profile
Refinitiv US Holdings Inc., a prominent player in the financial services industry, is headquartered in the United States and operates extensively across North America and globally. Founded in 2018, following the divestiture from Thomson Reuters, Refinitiv has quickly established itself as a leader in providing data and insights for financial professionals. The company offers a diverse range of core products and services, including advanced analytics, trading solutions, and risk management tools, all designed to empower clients with actionable intelligence. Refinitiv's unique blend of cutting-edge technology and comprehensive market data positions it as a trusted partner for investment firms, banks, and corporations. With a strong market presence, Refinitiv has achieved notable milestones, including the development of the Eikon platform, which revolutionises how financial professionals access and interpret market information. As a key player in the financial technology landscape, Refinitiv continues to drive innovation and excellence in data-driven decision-making.
DitchCarbon Score
How does Refinitiv US Holdings Inc.'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.
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.
Industry Benchmark
Refinitiv US Holdings Inc.'s score of 50 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Refinitiv US Holdings Inc.'s reported carbon emissions
In 2022, Refinitiv US Holdings Inc. reported carbon emissions data, although specific absolute emissions figures in kg CO2e were not disclosed. The company has not provided detailed information on Scope 1, 2, or 3 emissions, indicating a lack of transparency in their emissions reporting. However, they have reported carbon intensity metrics for Scope 1 and 2 emissions, with values of approximately 4.632 kg CO2e per unit of revenue in 2019, 1.609 kg CO2e in 2018, and a carbon intensity of 1.941 kg CO2e per unit of revenue for Scope 3 in 2022. Refinitiv US Holdings Inc. is a current subsidiary of the London Stock Exchange Group plc, which influences its climate commitments and reporting practices. The company has not set specific reduction targets or initiatives, nor have they made any climate pledges. This lack of defined goals may reflect broader industry challenges in addressing climate change effectively. Overall, while Refinitiv US Holdings Inc. has inherited some climate-related data and initiatives from its parent company, the absence of concrete emissions figures and reduction commitments highlights a need for improved transparency and accountability in their climate strategy.
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| 2018 | 2019 | |
|---|---|---|
| Scope 1 | 2,083,000 | 0,000,000 |
| Scope 2 | 133,726,000 | 00,000,000 |
| Scope 3 | 11,028,000 | 00,000,000 |
How Carbon Intensive is Refinitiv US Holdings Inc.'s Industry?
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Refinitiv US Holdings Inc.'s Scope 3 Categories Breakdown
Refinitiv US Holdings Inc.'s Scope 3 emissions, which increased by 3% last year and increased by approximately 3% since 2018, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 39% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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Refinitiv US Holdings Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Refinitiv US Holdings Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
