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 Services Auxiliary to 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.
Asx's score of 52 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, ASX Limited reported total carbon emissions of approximately 1,388,000 kg CO2e, comprising 34,000 kg CO2e from Scope 1 (mobile combustion), 53,000 kg CO2e from Scope 2 (purchased electricity), and a significant 1,319,000 kg CO2e from Scope 3 (business travel). This represents a notable increase in emissions compared to 2023, where total emissions were about 1,182,000 kg CO2e, with 50,000 kg CO2e from Scope 1, 63,000 kg CO2e from Scope 2, and 849,000 kg CO2e from Scope 3. In 2022, ASX's emissions were approximately 13,318,000 kg CO2e, primarily from Scope 2, which accounted for the majority of their emissions at 13,318,000 kg CO2e, alongside 34,000 kg CO2e from Scope 1 and 269,000 kg CO2e from Scope 3. ASX has committed to achieving net-zero emissions across all scopes by 2050, as part of their Science Based Targets initiative (SBTi) commitments. This long-term target reflects their dedication to addressing climate change and reducing their carbon footprint. The company is currently classified as "Committed" to these targets, indicating a proactive approach to sustainability within the financial services sector in Australia. Overall, ASX Limited's emissions data and climate commitments highlight their ongoing efforts to manage and reduce their environmental impact while aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 34,000 | 00,000 | 00,000 |
| Scope 2 | 13,318,000 | 00,000 | 00,000 |
| Scope 3 | 269,000 | 000,000 | 0,000,000 |
Asx's Scope 3 emissions, which increased by 55% last year and increased by approximately 390% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Asx has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
