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 26 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Solactive AG reported total carbon emissions of approximately 464,700 kg CO2e. This figure includes about 61,620 kg CO2e from Scope 2 emissions, primarily from purchased heat, and approximately 403,130 kg CO2e from Scope 3 emissions, with significant contributions from business travel (204,180 kg CO2e) and employee commuting (132,050 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 baseline year. This target has been validated through the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. Additionally, the company is committed to measuring and reducing its Scope 3 emissions, reflecting a comprehensive approach to its climate impact. In 2021, Solactive's total emissions were reported at approximately 297,100 kg CO2e, indicating a significant increase in emissions by 2022. The company is actively working towards its reduction targets to mitigate its environmental footprint in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 62,900 | 00,000 |
Scope 3 | 234,200 | 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.