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 91% 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 566,100 kg CO2e, with significant contributions from Scope 1 emissions at about 461,700 kg CO2e and Scope 2 emissions at around 104,400 kg CO2e. The company also disclosed Scope 3 emissions, which are critical for understanding the full impact of its operations. In 2022, Solactive's total emissions were approximately 464,700 kg CO2e, with Scope 1 emissions accounting for about 464,700 kg CO2e, Scope 2 emissions at approximately 156,000 kg CO2e, and Scope 3 emissions reaching about 620,800 kg CO2e. The previous year, 2021, saw total emissions of about 297,100 kg CO2e, with Scope 2 emissions at approximately 62,900 kg CO2e and Scope 3 emissions at around 234,200 kg CO2e. Solactive has set ambitious reduction targets, committing to a 46% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. This target has been approved by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The company also aims to measure and reduce its Scope 3 emissions, reflecting a comprehensive approach to climate action. Overall, Solactive AG is actively working towards significant emissions reductions while addressing its broader environmental impact.
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 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.