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 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tradeweb Markets's reported carbon emissions
In 2023, Tradeweb Markets reported significant carbon emissions, with total Scope 3 emissions reaching approximately 18,300,000 kg CO2e. The company also disclosed Scope 2 emissions, which were not quantified for this year. In 2022, their total emissions amounted to about 18,299,000 kg CO2e, with Scope 1 emissions at 23,000 kg CO2e and Scope 2 emissions at approximately 2,614,000 kg CO2e. The previous year, 2021, saw total emissions of around 3,556,000 kg CO2e, with Scope 1 emissions at 19,000 kg CO2e and Scope 2 emissions at approximately 2,417,000 kg CO2e. Tradeweb's emissions profile indicates a heavy reliance on Scope 3 emissions, which include significant contributions from purchased goods and services (approximately 12,917,000 kg CO2e in 2022) and business travel (about 2,997,000 kg CO2e in the same year). The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Overall, Tradeweb Markets is actively monitoring its carbon footprint, particularly in Scope 2 and 3 emissions, while continuing to assess its climate commitments in the context of industry standards.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 19,000 | 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 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.
