Solactive

Solactive's reported carbon emissions

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 reported emissions were approximately 557,700 kg CO2e. This figure includes approximately 63,590 kg CO2e for Scope 2 (purchased electricity) and approximately 494,110 kg CO2e for Scope 3 emissions. Key Scope 3 categories contributing to this total were business travel (about 284,260 kg CO2e) and employee commute (about 110,000 kg CO2e). Notably, Scope 1 emissions were not reported for 2024. In 2023, the company's total emissions amounted to approximately 461,700 kg CO2e, comprising about 60,100 kg CO2e of Scope 1 and approximately 401,600 kg CO2e of Scope 2 emissions. Scope 3 emissions were not reported for 2023. The preceding year, 2022, saw total emissions of approximately 464,700 kg CO2e, with Scope 1 accounting for about 61,600 kg CO2e and Scope 2 for approximately 403,100 kg CO2e. Scope 3 emissions were not reported for 2022. For 2021, Solactive reported total emissions of about 297,100 kg CO2e, with Scope 1 at approximately 62,900 kg CO2e and Scope 2 at approximately 234,200 kg CO2e. Scope 3 emissions were not reported for 2021. Solactive AG has committed to significant climate action through Science Based Targets initiative (SBTi) approved targets. The company aims to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using 2019 as a base year. This target is consistent with reductions required to limit global warming to 1.5°C. Solactive also commits to measuring and reducing its Scope 3 emissions. These targets are applicable to Solactive AG as a small or medium-sized enterprise (SME) and were approved via a streamlined validation route.