TP ICAP, headquartered in Great Britain, is a leading global intermediary in the financial services industry, specialising in the facilitation of trading across various asset classes. Founded in 2016 through the merger of Tullett Prebon and ICAP’s global broking business, the company has established a strong presence in key operational regions, including Europe, North America, and Asia-Pacific. TP ICAP offers a diverse range of services, including voice and electronic broking, data and analytics, and post-trade services, which are distinguished by their innovative technology and deep market expertise. The firm is recognised for its significant market position, consistently ranking among the top interdealer brokers worldwide. With a commitment to enhancing market efficiency and transparency, TP ICAP continues to achieve notable milestones in the evolving financial landscape.
How does Tp Icap'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 Services Auxiliary to 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.
Tp Icap's score of 36 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, TP ICAP reported total carbon emissions of approximately 57,723,000 kg CO2e. This figure includes 1,442,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 5,998,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 50,099,000 kg CO2e, fall under Scope 3, which includes emissions from business travel, employee commuting, and purchased goods and services. In comparison, the company's total emissions in 2022 were approximately 58,099,000 kg CO2e, indicating a slight reduction in emissions year-on-year. Notably, TP ICAP has not set specific reduction targets or climate pledges, which may limit their commitment to addressing climate change in a structured manner. Overall, while TP ICAP has made some progress in reducing emissions, the absence of formal reduction targets suggests a need for enhanced climate commitments to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2021 | 2022 | 2023 | |
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Scope 1 | 2,592,400 | 0,000,000 | 0,000,000 |
Scope 2 | 9,544,500 | 0,000,000 | 0,000,000 |
Scope 3 | 48,398,700 | 00,000,000 | 00,000,000 |
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.
Tp Icap 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.