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The Depository Trust & Clearing Corporation (DTCC), headquartered in the United States, is a pivotal player in the financial services industry, specifically within the realm of other business services. Founded in 1973, DTCC has established itself as a leader in post-trade market infrastructure, providing essential services that enhance the efficiency and security of financial transactions.
With a focus on clearing, settlement, and information services, DTCC supports a wide array of financial instruments, including equities, fixed income, and derivatives. Its innovative solutions, such as the Central Securities Depository and Trade Information Warehouse, set it apart in the industry. Recognised for its commitment to risk management and operational excellence, DTCC plays a crucial role in maintaining the stability of global financial markets, making it a trusted partner for financial institutions worldwide.
-6 vs industry average
The Depository Trust & Clearing Corporation’s score of 30 is lower than 47% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
The Depository Trust & Clearing Corporation reported approximately 17.08 billion kg CO2e in Scope 1 and 2 emissions for 2024. This comprised about 960 million kg CO2e from Scope 1 emissions and approximately 16.12 billion kg CO2e from Scope 2 emissions.
In 2023, the company's total reported emissions were approximately 98.76 billion kg CO2e. This included roughly 1.56 billion kg CO2e from Scope 1, about 12.65 billion kg CO2e from Scope 2, and approximately 84.55 billion kg CO2e from Scope 3. The Scope 3 emissions in 2023 were primarily driven by purchased goods and services at approximately 72.18 billion kg CO2e, followed by business travel at roughly 4.71 billion kg CO2e, fuel and energy-related activities at about 6.17 billion kg CO2e, waste generated in operations at approximately 1.98 billion kg CO2e, and employee commute at roughly 194 million kg CO2e.
For 2022, The Depository Trust & Clearing Corporation reported approximately 15.91 billion kg CO2e in Scope 1 and 2 emissions. This consisted of about 1.64 billion kg CO2e from Scope 1 emissions and roughly 14.26 billion kg CO2e from Scope 2 emissions. Scope 3 data was not provided for 2024 or 2022. The Depository Trust & Clearing Corporation has not published specific reduction targets.
No climate goals have been disclosed for The Depository Trust & Clearing Corporation yet.
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