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.
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.
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.
Solactive's score of 40 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 1,081,800 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 is actively working towards enhancing its sustainability practices and reducing its carbon footprint in the financial services sector, headquartered in Germany.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | - | 000,000 | 000,000 |
Scope 2 | 62,900 | 000,000 | 000,000 |
Scope 3 | 234,200 | 000,000 | 000,000 |
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 committed to some reduction initiatives 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.