Solactive

Solactive, a financial intermediation services company headquartered in Germany, reported total GHG emissions of approximately 557,700 kg CO2e for the year 2024. This figure encompasses Scope 1, 2, and 3 emissions. More granular data for 2024 shows Scope 2 emissions from purchased electricity at approximately 63,590 kg CO2e, and Scope 3 emissions totalling about 494,110 kg CO2e. Within Scope 3, business travel accounted for approximately 284,260 kg CO2e, employee commute for about 110,000 kg CO2e, and fuel and energy-related activities for approximately 57,690 kg CO2e.

In 2023, Solactive's total emissions were approximately 461,700 kg CO2e, comprising Scope 1 emissions of around 60,100 kg CO2e and Scope 2 emissions of about 401,600 kg CO2e. Prior to this, in 2022, total emissions were approximately 464,700 kg CO2e, with Scope 1 at roughly 61,600 kg CO2e and Scope 2 at approximately 403,100 kg CO2e. For 2021, total emissions stood at approximately 297,100 kg CO2e, with Scope 1 emissions of about 62,900 kg CO2e and Scope 2 emissions of approximately 234,200 kg CO2e.

Solactive has established near-term Science Based Targets initiative (SBTi) commitments. The company aims to reduce its Scope 1 and Scope 2 GHG emissions by 46% by 2030, using 2019 as a base year. Furthermore, Solactive is committed to measuring and reducing its Scope 3 emissions. These targets are classified as 1.5°C aligned and were approved through a streamlined validation route for SMEs. Solactive is a small or medium-sized enterprise based in Germany.