Solactive AG, headquartered in Germany, is a prominent player in the financial services industry, specialising in index development and calculation. Founded in 2007, the company has rapidly established itself as a leader in the creation of innovative and customisable indices, catering to a diverse range of asset classes and investment strategies. With a strong operational presence across Europe, North America, and Asia, Solactive offers a unique suite of products, including equity, fixed income, and cryptocurrency indices. Their commitment to transparency and flexibility sets them apart in a competitive market. Notably, Solactive has achieved significant milestones, such as being recognised for its rapid growth and technological advancements in index solutions, solidifying its position as a trusted partner for asset managers and financial institutions worldwide.
How does Solactive'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.
Solactive's score of 8 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Solactive AG reported total carbon emissions of approximately 464,700 kg CO2e, with significant contributions from Scope 1 emissions at 464,700 kg CO2e, Scope 2 emissions at 156,000 kg CO2e, and Scope 3 emissions reaching 620,800 kg CO2e. This marked an increase from 2021, when total emissions were about 297,100 kg CO2e, with Scope 2 emissions at 62,900 kg CO2e and Scope 3 emissions at 234,200 kg CO2e. Solactive has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using 2019 as the baseline year. This target has been validated through the Science Based Targets initiative (SBTi), ensuring alignment with the necessary reductions to limit global warming to 1.5°C. Additionally, the company is committed to measuring and reducing its Scope 3 emissions, which are critical given their substantial contribution to overall emissions. These initiatives reflect Solactive's proactive approach to addressing climate change and its commitment to sustainability within the financial services sector, based in Germany.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | |
---|---|---|
Scope 1 | - | 000,000 |
Scope 2 | 62,900 | 000,000 |
Scope 3 | 234,200 | 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.
Solactive 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.