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OrganisationsTp Icap
Tp Icap logo

Tp Icap

Services Auxiliary to Financial IntermediationUnited KingdomPNK: TCAPF
Last verified 9 months agotpicap.com

TP ICAP, a leading name in the financial services sector, is headquartered in Great Britain and operates extensively across Europe, North America, and Asia. Founded in 2016 through the merger of Tullett Prebon and ICAP’s global broking business, the company has quickly established itself as a key player in services auxiliary to financial intermediation.

Specialising in inter-dealer broking, TP ICAP offers a diverse range of products and services, including voice and electronic broking across various asset classes such as fixed income, foreign exchange, and commodities. Its unique blend of technology and expertise positions TP ICAP as a trusted partner for financial institutions seeking efficient trading solutions. With a strong market presence and a commitment to innovation, TP ICAP continues to achieve significant milestones in the evolving financial landscape.

82
DitchCarbon score

+46 vs industry average

Tp Icap’s score of 82 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2028

00.0M00.0M00.0M00.0M0

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202020212022202320242025202620272028

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Tp Icap's reported carbon emissions

TP Icap, a financial intermediation services company headquartered in GB, is committed to reducing its environmental impact. For the reporting year 2025, TP Icap reported total GHG emissions of approximately 58,374,000 kg CO2e. This included Scope 1 emissions of about 597,000 kg CO2e, Scope 2 emissions (market-based) of approximately 2,932,000 kg CO2e, and Scope 3 emissions of roughly 52,943,000 kg CO2e. In 2024, the company's total emissions were approximately 53,369,000 kg CO2e, comprising about 756,000 kg CO2e for Scope 1, roughly 3,599,000 kg CO2e for Scope 2 (market-based), and around 47,357,000 kg CO2e for Scope 3. TP Icap's total emissions for 2023 were approximately 57,723,000 kg CO2e, with Scope 1 emissions at about 1,442,000 kg CO2e and Scope 2 emissions at approximately 5,998,000 kg CO2e (market-based). Scope 3 emissions were the largest contributor, totalling around 50,099,000 kg CO2e. For the year 2022, TP Icap reported Scope 1 emissions of approximately 2,026,000 kg CO2e and Scope 2 emissions of about 7,512,000 kg CO2e. Scope 3 data was not fully disclosed for this year. In 2021, total GHG emissions were approximately 60,535,600 kg CO2e, with Scope 1 at around 2,592,400 kg CO2e, Scope 2 at about 9,544,500 kg CO2e, and Scope 3 at approximately 48,398,700 kg CO2e. TP Icap has set a near-term target to be carbon neutral across Scope 1 and Scope 2 emissions by the end of 2026. This commitment aligns with the Net Zero ambition set by the UK government. The company aims to achieve operational carbon neutrality by minimising its Scope 1 and 2 emissions before purchasing certified carbon credits to offset any residual emissions. This goal was also stated to be on track as of 2024, with a reported reduction of 27.0% between 2021 and 2026 for operational carbon neutrality.

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Tp Icap’s Climate Goals (2030 & 2050)

6 goals

2026

27% reduction in Scope 1

We aim to achieve operational carbon neutrality by the end of 2026 by minimising our Scope 1 and 2 emissions as much as possible before purc…

At risk27%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

6 of 15 categories disclosed
Purchased Goods & Services80%
Employee Commuting9%
Business Travel7%
Fuel & Energy Activities3%
Waste Generated in Operations1%
Upstream Leased Assets0%
Purchased Goods & Services80%
Employee Commuting9%
Business Travel7%
Fuel & Energy Activities3%
Waste Generated in Operations1%
Upstream Leased Assets0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Tp Icap logoTp Icap
GBServices Auxiliary to Financial Intermediation
9 months ago
82
Deutsche Borse logoDeutsche Borse
DEFinancial Intermediation
2 days ago
100
View
Close Brothers logoClose Brothers
GBFinancial Intermediation
25 days ago
90
View
M
Markit Ltd.
GBComputer Services
15 days ago
88
View
Mandg logoMandg
GBFinancial Intermediation
4 hours ago
80
View
Nasdaq logoNasdaq
USFinancial Intermediation
7 days ago
80
View
Tradeweb Markets logoTradeweb Markets
USFinancial Intermediation
25 days ago
77
View

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