Solactive

Solactive, headquartered in Germany and operating within the financial intermediation services sector, has disclosed its carbon emissions for recent years. For the reporting year 2024, the company reported total emissions of approximately 557,700 kg CO2e. This figure comprises Scope 1 emissions of 0.0 kg CO2e, Scope 2 emissions of approximately 63,590 kg CO2e (specifically from purchased electricity), and Scope 3 emissions totalling about 494,110 kg CO2e. The reported Scope 3 emissions for 2024 are broken down into business travel at approximately 284,260 kg CO2e, employee commute at about 110,000 kg CO2e, and fuel and energy-related activities at approximately 57,690 kg CO2e. A noted missing data point for Scope 3 in 2024 is purchased goods and services.

In 2023, Solactive reported total emissions of approximately 461,700 kg CO2e, with Scope 1 emissions at about 60,100 kg CO2e and Scope 2 emissions at approximately 401,600 kg CO2e. Scope 3 emissions were not reported for this year.

For 2022, total emissions stood at around 464,700 kg CO2e, consisting of Scope 1 emissions of approximately 61,600 kg CO2e and Scope 2 emissions of about 403,100 kg CO2e. Scope 3 emissions were also not reported for 2022.

In 2021, Solactive's total emissions were approximately 297,100 kg CO2e, with Scope 1 at roughly 62,900 kg CO2e and Scope 2 at approximately 234,200 kg CO2e. Scope 3 emissions were not disclosed for this year.

Solactive has established climate commitments, including Science Based Targets initiative (SBTi) approved targets. The company commits to reducing its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using a 2019 base year. Furthermore, Solactive commits to measuring and reducing its Scope 3 emissions. These targets have been validated as consistent with reductions required to keep warming to 1.5°C. The reporting indicates that these targets were approved via a streamlined route for Small and Medium-sized Enterprises (SMEs). Solactive is categorised as an SME and its sector is identified as specialised financial services, consumer finance, and insurance brokerage firms.