STOXX Ltd., headquartered in Switzerland (CH), is a leading provider of innovative index solutions and a prominent player in the financial services industry. Founded in 1998, the company has established itself as a key player in the global market, offering a diverse range of indices that cater to various investment strategies and asset classes. STOXX is renowned for its flagship products, including the EURO STOXX 50 and the STOXX Global 1800, which provide investors with comprehensive benchmarks for European and global equity markets. The company’s unique approach to index construction and its commitment to transparency set it apart in a competitive landscape. With a strong presence across Europe, Asia, and North America, STOXX continues to enhance its market position through strategic partnerships and innovative solutions, solidifying its reputation as a trusted index provider.
How does STOXX'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.
STOXX's score of 87 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
STOXX, headquartered in Switzerland (CH), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The organisation is a current subsidiary of STOXX Ltd., and its climate commitments and reduction initiatives are influenced by its corporate family relationships. STOXX's climate strategy is informed by initiatives from its parent company, Deutsche Börse AG, which operates at a cascade level of three. While specific reduction targets or achievements are not detailed, the organisation is linked to broader climate initiatives through its association with Qontigo GmbH, which operates at cascade level two. These initiatives include participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), although specific targets have not been disclosed. As a current subsidiary, STOXX is expected to align with the sustainability goals set by its parent organisation, reflecting a commitment to reducing carbon emissions and enhancing climate resilience. However, without specific emissions data or defined reduction targets, the organisation's current climate impact remains unclear.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,420,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,217,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 3,523,000 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
STOXX's Scope 3 emissions, which decreased by 1% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 61% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
STOXX has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.