Tmx
Tmx, officially known as Tmx Group, is a leading provider of technology solutions headquartered in California. Founded in 2010, the company has established a strong presence in the financial services and data management sectors, with significant operations across North America and Europe. Tmx specialises in delivering innovative software solutions that streamline operations and enhance data analytics for businesses. Their core offerings include advanced trading platforms and comprehensive risk management tools, which are distinguished by their user-friendly interfaces and robust functionality. Recognised for its commitment to excellence, Tmx has achieved notable milestones, including strategic partnerships and industry awards, solidifying its position as a trusted leader in the technology landscape. With a focus on continuous improvement and customer satisfaction, Tmx remains at the forefront of the evolving tech industry.
DitchCarbon Score
How does Tmx'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 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
Tmx's score of 30 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tmx's reported carbon emissions
In 2023, TMX reported total carbon emissions of approximately 6,944,000 kg CO2e, with significant contributions from Scope 3 emissions, including 2,518,000 kg CO2e from purchased goods and services and 1,157,000 kg CO2e from employee commuting. Scope 2 emissions accounted for about 998,000 kg CO2e. Over the previous years, TMX's emissions have shown variability, with Scope 2 emissions recorded at 843,000 kg CO2e in 2022, 789,000 kg CO2e in 2021, and 855,000 kg CO2e in 2020. Notably, business travel emissions decreased from 2,698,000 kg CO2e in 2019 to 1,612,000 kg CO2e in 2020, and further to 1,547,000 kg CO2e in 2021, before rising again to 2,846,000 kg CO2e in 2022. Despite these figures, TMX has not established specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further strategic planning in their sustainability efforts. TMX operates from its headquarters in California and continues to navigate the complexities of carbon emissions management within the financial services sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - |
| Scope 2 | 829,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 2,698,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Tmx is not committed to any reduction initiatives 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.
