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TMX Group Inc., headquartered in Toronto, Canada, is a leading financial services company that operates in the capital markets sector. Founded in 2001, TMX Group has established itself as a pivotal player in the industry, providing a diverse range of services including trading, clearing, and settlement for equities, fixed income, and derivatives. With a strong presence across Canada and significant operations in global markets, TMX Group is renowned for its innovative trading platforms and advanced technology solutions. The company’s flagship products, such as the Toronto Stock Exchange (TSX) and TSX Venture Exchange, cater to a wide array of investors and issuers, making it a cornerstone of the Canadian financial landscape. Recognised for its commitment to transparency and efficiency, TMX Group continues to enhance its market position, achieving notable milestones in sustainability and digital transformation.
How does TMX Group Inc.'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.
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.
TMX Group Inc.'s score of 32 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
TMX Group Inc., headquartered in Canada, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of TMX Group Limited, which may influence its climate commitments and reporting practices. While TMX Group Inc. has not outlined specific reduction targets or initiatives, it is important to note that emissions data and performance metrics may be cascaded from its parent organization, TMX Group Limited. This relationship could provide insights into broader corporate sustainability strategies and climate commitments. As of now, TMX Group Inc. has not publicly committed to any specific climate pledges or initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of detailed emissions data and reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. In summary, TMX Group Inc. is currently lacking specific emissions data and reduction commitments, with potential insights available through its parent company, TMX Group Limited. Further developments in their climate strategy may emerge as the company aligns with industry standards and practices.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 Group Inc. 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.