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 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tmx's reported carbon emissions
In 2023, TMX Group Limited reported total carbon emissions of approximately 6,944,000 kg CO2e. This figure includes 998,000 kg CO2e from Scope 2 emissions, which are associated with purchased electricity, steam, heating, and cooling. The company also disclosed significant Scope 3 emissions, totalling about 5,946,000 kg CO2e, with major contributions from purchased goods and services (2,518,000 kg CO2e), employee commuting (1,157,000 kg CO2e), and business travel (594,000 kg CO2e). TMX has set ambitious climate commitments, aiming for net-zero carbon emissions by 2030 across both Scope 1 and Scope 2 emissions. This commitment reflects a proactive approach to reducing their carbon footprint and aligns with industry standards for climate action. The emissions data for previous years shows a consistent focus on Scope 2 and Scope 3 emissions, with 2022 emissions recorded at approximately 843,000 kg CO2e for Scope 2 and 2,846,000 kg CO2e for Scope 3, primarily from business travel. The company has not disclosed Scope 1 emissions data. TMX's climate strategy is supported by its commitment to transparency and accountability, as evidenced by its detailed sustainability reports. The organization is not currently part of any SBTi (Science Based Targets initiative) targets, but its net-zero goal demonstrates a clear intention to align with global climate objectives.
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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 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.
