XTB S.A., a prominent player in the financial services industry, is headquartered in Poland (PL) and operates extensively across Europe and beyond. Founded in 2002, the company has established itself as a leading online broker, specialising in forex and contracts for difference (CFDs). XTB offers a unique trading platform that combines advanced technology with user-friendly features, catering to both novice and experienced traders. Its core services include access to a wide range of financial instruments, including stocks, commodities, and cryptocurrencies, all supported by comprehensive educational resources. Recognised for its commitment to transparency and customer service, XTB has garnered numerous awards, solidifying its position as a trusted broker in the competitive trading landscape. With a focus on innovation and client satisfaction, XTB continues to thrive in the dynamic world of online trading.
How does XTB S.A.'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.
XTB S.A.'s score of 11 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, XTB S.A. reported total carbon emissions of approximately 738,900 kg CO2e, comprising 14,500 kg CO2e from Scope 1 emissions, primarily due to fuel consumption, and 723,400 kg CO2e from Scope 2 emissions related to energy consumption. This represents an increase from 2022, where emissions were about 717,100 kg CO2e, with Scope 1 emissions at 11,900 kg CO2e and Scope 2 emissions at 705,200 kg CO2e. In 2021, the company recorded total emissions of approximately 568,800 kg CO2e, with Scope 1 emissions at 7,900 kg CO2e and Scope 2 emissions at 560,900 kg CO2e. Despite the increase in emissions over the years, XTB S.A. has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a need for further commitment to sustainability practices within the financial services sector.
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.
XTB S.A. 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.