Tmx

TMX, headquartered in CA and operating in financial intermediation services (excluding insurance and pension funding), is committed to achieving net-zero carbon emissions by 2030, encompassing both Scope 1 and Scope 2 emissions. This ambitious goal is supported by a commitment to climate neutrality and the development of a climate transition plan.

In 2024, TMX reported approximately 8.25 million kg CO2e in total emissions. This figure is composed of approximately 50,000 kg CO2e for Scope 1, around 1.7 million kg CO2e for Scope 2, and approximately 6.52 million kg CO2e for Scope 3 emissions. Notably, Scope 3 emissions are significantly driven by purchased goods and services (approximately 3.75 million kg CO2e), employee commute (approximately 901,000 kg CO2e), and business travel (approximately 764,000 kg CO2e).

The company achieved an 8% year-over-year reduction in its combined Scope 1 and 2 emissions between 2023 and 2024. Key factors contributing to this reduction include the implementation of a real estate strategy to centralise activities, improvements in office resource efficiency, and the initial use of clean energy and renewable energy certificates.

In 2023, TMX's total emissions were approximately 6.19 million kg CO2e. This breakdown included approximately 55,000 kg CO2e for Scope 1, roughly 1.83 million kg CO2e for Scope 2, and approximately 4.32 million kg CO2e for Scope 3.

TMX's emissions reporting is not cascaded from a parent organisation, indicating that the disclosed data pertains directly to TMX Group Limited.