Tradeweb Markets
Tradeweb Markets Inc., headquartered in the United States, is a leading global operator of electronic marketplaces for fixed income, derivatives, and ETFs. Founded in 1996, Tradeweb has established itself as a pioneer in the financial technology sector, facilitating efficient trading solutions for institutional investors, dealers, and retail clients across major operational regions, including North America, Europe, and Asia. The company offers a diverse range of core products and services, including its innovative trading platforms that enhance liquidity and transparency in the markets. Tradeweb's unique approach to electronic trading has positioned it as a key player in the industry, with notable achievements such as its successful IPO in 2019. With a commitment to advancing market structure and technology, Tradeweb continues to redefine the trading landscape, making it a trusted partner for market participants worldwide.
DitchCarbon Score
How does Tradeweb Markets'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
Tradeweb Markets's score of 70 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Tradeweb Markets's reported carbon emissions
In 2023, Tradeweb Markets reported total carbon emissions of approximately 18,300,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99% of the total. Specifically, Scope 1 emissions were recorded at 23,000 kg CO2e, while Scope 2 emissions were negligible at 0 kg CO2e. The breakdown of Scope 3 emissions included business travel (2,802,000 kg CO2e), employee commute (567,000 kg CO2e), and purchased goods and services (12,917,000 kg CO2e). In 2022, the company reported total emissions of approximately 19,734,000 kg CO2e, with Scope 1 emissions at 19,000 kg CO2e and Scope 2 emissions at about 2,971,000 kg CO2e. The Scope 3 emissions for that year were approximately 19,734,000 kg CO2e, indicating a slight increase from the previous year. Tradeweb Markets has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented reduction targets from the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from its parent company, Tradeweb Markets Inc., and is influenced by the broader climate strategies of the London Stock Exchange Group plc, which is the source for various initiatives including SBTi and RE100. Overall, Tradeweb Markets is actively disclosing its emissions data, focusing primarily on Scope 3 emissions, while continuing to align with industry standards for climate accountability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | 00,000 | 00,000 |
| Scope 2 | 2,417,000 | 0,000,000 | - |
| Scope 3 | 840,000 | 00,000,000 | 00,000,000 |
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.
Tradeweb Markets 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.
