Public Profile

Solactive

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.

DitchCarbon Score

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.

40

Industry Average

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.

26

Industry Benchmark

Solactive's score of 40 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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Solactive's reported carbon emissions

In 2023, Solactive AG reported total carbon emissions of approximately 1,132,200 kg CO2e, comprising 461,700 kg CO2e from Scope 1, 104,400 kg CO2e from Scope 2, and 566,100 kg CO2e from Scope 3 emissions. This marked a significant increase from 2022, where total emissions were about 1,081,500 kg CO2e, with Scope 1 emissions at 464,700 kg CO2e, Scope 2 at 156,000 kg CO2e, and Scope 3 at 620,800 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 base year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The company is also committed to measuring and reducing its Scope 3 emissions, which include significant contributors such as business travel and employee commuting. Overall, Solactive AG's climate strategy reflects a proactive approach to addressing its carbon footprint while adhering to industry standards for sustainability and climate action.

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202120222023
Scope 1
-
000,000
000,000
Scope 2
62,900
000,000
000,000
Scope 3
234,200
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Solactive's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Solactive is in DE, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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 participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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