TSX Inc., headquartered in Canada, is a leading provider in the financial technology industry, specialising in innovative trading solutions and market infrastructure. Founded in 1852, TSX has evolved significantly, establishing itself as a cornerstone of the Canadian capital markets. The company operates primarily in Canada, with a strong presence in major financial hubs. TSX Inc. offers a range of services, including trading, clearing, and settlement solutions, distinguished by their commitment to reliability and efficiency. Recognised for its robust market position, TSX Inc. has achieved numerous milestones, including the launch of advanced trading platforms that cater to diverse market participants. With a focus on enhancing market accessibility and transparency, TSX continues to play a pivotal role in shaping the future of financial services in Canada and beyond.
How does TSX 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.
TSX Inc.'s score of 54 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, TSX Inc. reported total carbon emissions of approximately 8,259,000 kg CO2e. This figure includes Scope 1 emissions of about 50,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of around 1,689,000 kg CO2e from purchased electricity. The majority of their emissions, approximately 6,520,000 kg CO2e, fall under Scope 3, which encompasses various categories such as purchased goods and services (about 3,754,000 kg CO2e), business travel (approximately 764,000 kg CO2e), and employee commute (around 901,000 kg CO2e). In 2023, TSX Inc. reported total emissions of about 6,202,000 kg CO2e, with Scope 1 emissions at approximately 55,000 kg CO2e and Scope 2 emissions at about 1,828,000 kg CO2e. The Scope 3 emissions for that year were around 4,319,000 kg CO2e. TSX Inc. has set ambitious climate commitments, aiming for an 8% year-over-year reduction in their combined Scope 1 and 2 emissions from the 2023 base year, with a target timeframe from 2023 to 2024. This reduction is driven by a real estate strategy to centralise activities, enhance resource efficiency, and the introduction of clean energy and renewable energy certificates. Additionally, the company is committed to neutralising its carbon footprint and developing a climate transition plan, with a focus on both Scope 1 and Scope 2 emissions, targeting completion by 2025. Overall, TSX Inc. is actively working towards significant emissions reductions while addressing its carbon footprint through strategic initiatives and commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 55,000 | 00,000 |
| Scope 2 | 1,828,000 | 0,000,000 |
| Scope 3 | 4,319,000 | 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.
TSX 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.
