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 17 is lower than 88% 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 2022, The Cyprus Stock Exchange reported total carbon emissions of approximately 17980 kg CO2e from direct (Scope 1) sources, primarily due to fuel consumption of commercial vehicles. Additionally, the exchange recorded energy indirect (Scope 2) emissions of about 170950 kg CO2e, attributed to electricity consumption. This reflects a significant increase from 2021, when Scope 2 emissions were approximately 60500 kg CO2e. Despite these figures, The Cyprus Stock Exchange has not established specific reduction targets or climate pledges, indicating a potential area for future commitment. The emissions data is not cascaded from any parent organisation, and the exchange operates independently in its climate reporting. Overall, while the exchange has made strides in tracking its emissions, there remains an opportunity to enhance its climate commitments and set measurable reduction targets in line with industry standards.
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.
