Solactive

Solactive AG, headquartered in Germany and operating in financial intermediation services (excluding insurance and pension funding), has reported its carbon emissions for recent years.

For 2024, Solactive's total emissions were approximately 557,700 kg CO2e. This figure comprises scope 1 emissions of 0 kg CO2e, scope 2 emissions of about 63,590 kg CO2e (primarily from purchased electricity), and scope 3 emissions totalling approximately 494,110 kg CO2e. Key contributors to scope 3 emissions include business travel (about 284,260 kg CO2e) and employee commute (approximately 110,000 kg CO2e).

In 2023, Solactive reported total emissions of about 461,700 kg CO2e, with scope 1 emissions at approximately 60,100 kg CO2e and scope 2 emissions at roughly 401,600 kg CO2e. Scope 3 emissions were not disclosed for this year.

Emissions for 2022 were approximately 464,700 kg CO2e, consisting of scope 1 emissions of about 61,600 kg CO2e and scope 2 emissions of around 403,100 kg CO2e. Scope 3 data was not disclosed for 2022.

For 2021, the total emissions were approximately 297,100 kg CO2e, with scope 1 emissions at about 62,900 kg CO2e and scope 2 emissions at approximately 234,200 kg CO2e. Scope 3 emissions were not disclosed for 2021.

Solactive AG has established climate commitments aligned with the Science Based Targets initiative (SBTi). The company has committed to reducing its scope 1 and scope 2 greenhouse gas emissions by 46% by 2030, using a 2019 base year. Furthermore, Solactive commits to measuring and reducing its scope 3 emissions. These targets have been approved using a streamlined validation route for small and medium-sized enterprises (SMEs) and are considered consistent with reductions required to keep warming to 1.5°C. The company's emissions data is not cascaded from a parent organisation; Solactive reports its own data and targets.