Abu Dhabi Securities Exchange
The Abu Dhabi Securities Exchange (ADX), headquartered in Abu Dhabi, United Arab Emirates (AE), is a leading financial market established in 2000. As a pivotal player in the Middle Eastern financial landscape, ADX facilitates the trading of securities, including equities, bonds, and exchange-traded funds, catering primarily to local and international investors. With a commitment to transparency and innovation, ADX has introduced various initiatives, such as the implementation of advanced trading technologies and regulatory frameworks that enhance market efficiency. The exchange has achieved significant milestones, including the launch of its market index and the introduction of new financial products, solidifying its position as a key hub for investment in the region. ADX continues to play a crucial role in the growth of the UAE's economy, promoting sustainable investment opportunities and fostering a vibrant trading environment.
DitchCarbon Score
How does Abu Dhabi Securities Exchange'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 Business Services 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
Abu Dhabi Securities Exchange's score of 30 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Abu Dhabi Securities Exchange's reported carbon emissions
In 2023, the Abu Dhabi Securities Exchange (ADX) reported total carbon emissions of approximately 517,000 kg CO2e. This figure includes 5,000 kg CO2e from Scope 1 emissions and 512,000 kg CO2e from Scope 2 emissions. Notably, Scope 3 emissions were also reported at 512,000 kg CO2e, indicating a comprehensive approach to emissions tracking. Comparatively, in 2022, ADX's total emissions were about 581,820 kg CO2e, with Scope 1 emissions at 14,840 kg CO2e and Scope 2 emissions at 566,900 kg CO2e. The data shows a reduction in total emissions from 2022 to 2023, highlighting a positive trend in their climate impact. The emissions data for 2021 indicates a total of 73,000 kg CO2e globally, with Scope 1 emissions at 7,000 kg CO2e and Scope 2 emissions at 66,430 kg CO2e. In the same year, the emissions reported for the UAE were approximately 71,870 kg CO2e, with Scope 1 emissions at 19,990 kg CO2e. Despite these figures, ADX has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). This lack of formal commitments suggests that while ADX is actively monitoring its emissions, it has yet to set ambitious goals for future reductions. Overall, ADX's emissions data reflects a commitment to transparency in reporting, but further action may be needed to align with industry standards for climate commitments and reduction targets.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,000 | 00,000 | 0,000 |
| Scope 2 | 66,430 | 000,000 | 000,000 |
| Scope 3 | 66,430 | 000,000 | 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.
Abu Dhabi Securities Exchange is not participating in any 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.
