Euroclear
Euroclear, officially known as Euroclear SA/NV, is a leading financial services company headquartered in Brussels, Belgium. Established in 1968, Euroclear has grown to become a pivotal player in the global securities industry, providing settlement and related services for a wide range of financial instruments. With a strong presence in major operational regions including Europe, North America, and Asia, Euroclear facilitates the efficient processing of transactions for clients worldwide. The company offers a suite of core services, including securities settlement, custody, and collateral management, distinguished by its commitment to innovation and operational excellence. Euroclear's robust infrastructure supports a diverse client base, including banks, investment firms, and asset managers, positioning it as a trusted partner in the financial ecosystem. Notable achievements include its role in enhancing market efficiency and risk management, solidifying Euroclear's reputation as a leader in the post-trade services sector.
DitchCarbon Score
How does Euroclear'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 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
Euroclear's score of 46 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Euroclear's reported carbon emissions
In 2023, Euroclear reported total carbon emissions of approximately 94,022,000 kg CO2e. This figure includes 717,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Scope 2 emissions, primarily from purchased electricity, amounted to about 560,000 kg CO2e. The majority of their emissions, approximately 92,746,000 kg CO2e, fall under Scope 3, which includes indirect emissions from the value chain. Euroclear has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2050, using 2019 as the baseline year. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 55% by 2030 and Scope 3 emissions by 28% within the same timeframe. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Euroclear's commitment to sustainability and climate action within the financial services sector. The company also aims for 70% of its suppliers, covering purchased goods and services, to have science-based targets by 2027, further enhancing its sustainability efforts.
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Add to project| 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 928,000 | - | 000,000 | 000,000 |
| Scope 2 | 2,484,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 66,153,000 | 0,000,000 | 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.
Euroclear 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.
