The Singapore Exchange (SGX), headquartered in Singapore, is a leading financial marketplace in Asia, renowned for its diverse range of services in securities, derivatives, and commodities trading. Founded in 1999, SGX has evolved through significant milestones, including the merger of the Stock Exchange of Singapore and the Singapore International Monetary Exchange, solidifying its position as a key player in the global financial landscape. SGX offers a unique suite of products, including equities, fixed income, and foreign exchange, catering to a broad spectrum of investors and institutions. Its commitment to innovation and regulatory excellence has established SGX as a trusted platform for capital raising and risk management. With a strong market position, SGX continues to attract international participants, reinforcing its reputation as a premier exchange in the Asia-Pacific region.
How does Singapore Exchange'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.
Singapore Exchange's score of 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Singapore Exchange (SGX) reported total carbon emissions of approximately 18,416,000 kg CO2e. This figure includes 32,090 kg CO2e from Scope 1 emissions, 3,947,000 kg CO2e from Scope 2 emissions, and 14,437,000 kg CO2e from Scope 3 emissions. Compared to 2022, where total emissions were about 18,350,800 kg CO2e, SGX has seen a slight increase in emissions. SGX has set ambitious climate commitments, aiming to reduce its absolute Scope 2 greenhouse gas emissions by 42% by FY2031, using FY2021 as the base year. Additionally, SGX is committed to ensuring that 100% of its customers, covering downstream leased assets, will have science-based targets by FY2026. These targets align with the global goal of limiting temperature rise to 1.5°C, demonstrating SGX's commitment to sustainability and responsible environmental stewardship.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 32,090 | 00,000 | 00,000 |
Scope 2 | 3,946,530 | 0,000,000 | 0,000,000 |
Scope 3 | 14,372,190 | 00,000,000 | 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.
Singapore Exchange is committed to some 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.