ASX Limited, commonly referred to as ASX, is a leading Australian securities exchange headquartered in Sydney, Australia. Founded in 1987, ASX has evolved into a pivotal player in the financial services industry, facilitating capital raising and trading across various asset classes, including equities, derivatives, and fixed income. With a strong presence in the Asia-Pacific region, ASX is renowned for its innovative trading platforms and clearing services, which enhance market efficiency and transparency. The exchange has achieved significant milestones, including the introduction of electronic trading systems and the implementation of advanced technology solutions. ASX's commitment to fostering a robust financial market is reflected in its position as one of the top exchanges globally, serving as a vital hub for investors and companies alike. Its unique offerings, such as the ASX 200 index, further solidify its reputation as a cornerstone of the Australian economy.
How does Asx'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 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.
Asx's score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ASX reported total carbon emissions of approximately 12,676,000 kg CO2e from Scope 2, primarily from purchased electricity, and about 849,000 kg CO2e from Scope 3, specifically related to business travel. This marks a reduction from 2022, where emissions were about 13,318,000 kg CO2e in Scope 2 and approximately 269,000 kg CO2e in Scope 3. ASX has committed to achieving net-zero emissions across all scopes by 2050, with a near-term target status of "Committed" as of May 2022. This commitment aligns with the Science Based Targets initiative (SBTi), indicating a structured approach to reducing their carbon footprint. The company is actively working towards these goals, reflecting its dedication to sustainability within the financial sector in Australia.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 13,318,000 | 00,000,000 |
Scope 3 | 269,000 | 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.
Asx is committed to some 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.