Solactive

Solactive, a German financial intermediation services company, reported total carbon emissions of approximately 557,700 kg CO2e in 2024. This figure includes about 63,590 kg CO2e from Scope 2 emissions (purchased electricity) and approximately 494,110 kg CO2e from Scope 3 emissions, which primarily comprised business travel (284,260 kg CO2e), employee commute (110,000 kg CO2e), and fuel and energy-related activities (57,690 kg CO2e). It should be noted that Scope 1 emissions were reported as 0 kg CO2e in 2024.

In previous years, Solactive's reported total emissions were around 461,700 kg CO2e in 2023, 464,700 kg CO2e in 2022, and 297,100 kg CO2e in 2021. For 2023, 2022, and 2021, the company reported Scope 1 and Scope 2 emissions, with Scope 3 emissions not reported. Specifically, in 2023, Scope 1 emissions were approximately 60,100 kg CO2e and Scope 2 emissions were about 401,600 kg CO2e. In 2022, Scope 1 emissions were around 61,600 kg CO2e and Scope 2 emissions were approximately 403,100 kg CO2e. For 2021, Scope 1 emissions were about 62,900 kg CO2e and Scope 2 emissions were around 234,200 kg CO2e.

As an SME, Solactive AG has set Science Based Targets initiative (SBTi) approved near-term targets. The company commits to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using a 2019 base year. Additionally, Solactive is committed to measuring and reducing its Scope 3 emissions. These targets are classified as being consistent with reductions required to keep global warming to 1.5°C.