Solactive AG, headquartered in Germany, is a prominent player in the financial services industry, specialising in index development and calculation. Founded in 2007, the company has rapidly established itself as a leader in the creation of innovative and customisable indices, catering to a diverse range of asset classes and investment strategies. With a strong operational presence across Europe, North America, and Asia, Solactive offers a unique suite of products, including equity, fixed income, and cryptocurrency indices. Their commitment to transparency and flexibility sets them apart in a competitive market. Notably, Solactive has achieved significant milestones, such as being recognised for its rapid growth and technological advancements in index solutions, solidifying its position as a trusted partner for asset managers and financial institutions worldwide.
How does Solactive'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.
Solactive's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Solactive AG reported total carbon emissions of approximately 461,700 kg CO2e. This figure includes 60,100 kg CO2e from Scope 2 emissions and a significant 401,560 kg CO2e from Scope 3 emissions, which encompasses 203,670 kg CO2e from business travel and 110,290 kg CO2e from employee commuting. Notably, there were no reported Scope 1 emissions. Comparatively, in 2022, Solactive's total emissions were about 464,700 kg CO2e, with Scope 2 emissions at 61,600 kg CO2e and Scope 3 emissions at 403,100 kg CO2e. In 2021, the total emissions were approximately 297,100 kg CO2e, with Scope 2 at 62,900 kg CO2e and Scope 3 at 234,200 kg CO2e. This data indicates a general trend in emissions, particularly in Scope 3, which remains a significant area of focus. Solactive AG has set ambitious reduction targets, committing to a 46% reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2030, using 2019 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. The company also aims to measure and reduce its Scope 3 emissions, reflecting a comprehensive approach to climate commitments. Overall, Solactive AG's emissions data and reduction targets demonstrate a proactive stance towards addressing climate change, with a clear focus on both operational and supply chain emissions.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | 62,900 | 00,000 | 00,000 |
Scope 3 | 234,200 | 000,000 | 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.
Solactive is participating in some 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.