The Cyprus Stock Exchange
The Cyprus Stock Exchange (CSE), headquartered in Nicosia, Cyprus, serves as the primary securities market for the island nation. Established in 1996, the CSE has played a pivotal role in the development of the Cypriot financial landscape, facilitating capital raising and investment opportunities across various sectors. Operating primarily within the financial services industry, the CSE offers a platform for trading equities, bonds, and other financial instruments, making it a vital hub for investors and companies alike. Its unique regulatory framework and commitment to transparency have positioned the CSE as a trusted marketplace in the region. With notable achievements in promoting market liquidity and investor participation, the Cyprus Stock Exchange continues to enhance its offerings, contributing significantly to the economic growth of Cyprus and the broader Mediterranean area.
DitchCarbon Score
How does The Cyprus Stock Exchange'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.
Industry Average
Mean score of companies in the Services Auxiliary to 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.
Industry Benchmark
The Cyprus Stock Exchange's score of 27 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Cyprus Stock Exchange's reported carbon emissions
In 2023, The Cyprus Stock Exchange reported total carbon emissions of approximately 276,760 kg CO2e, comprising 19,460 kg CO2e from Scope 1, 236,000 kg CO2e from Scope 2, and 238,300 kg CO2e from Scope 3 emissions. This represents a slight increase in Scope 1 emissions from 17,980 kg CO2e in 2022, while Scope 2 emissions rose from 170,950 kg CO2e, and Scope 3 emissions decreased from 240,000 kg CO2e in the previous year. The exchange has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future development in sustainability practices. The absence of defined reduction strategies suggests that while emissions data is being tracked, there may be opportunities for The Cyprus Stock Exchange to enhance its climate action framework and align with industry standards for carbon reduction.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 17,980 | 00,000 |
| Scope 2 | 170,950 | 000,000 |
| Scope 3 | 240,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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.
The Cyprus Stock Exchange is not participating in any 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.
