Cboe Global Markets, commonly referred to as Cboe, is a leading exchange operator headquartered in the United States. Founded in 1973, Cboe has established itself as a pivotal player in the financial services industry, primarily focusing on options, equities, and exchange-traded products. With major operational regions spanning North America, Europe, and Asia, Cboe offers a diverse range of trading solutions. Cboe is renowned for its innovative products, including the Cboe Volatility Index (VIX), which has become a benchmark for market volatility. The company has achieved significant milestones, such as the introduction of the first listed options in the US. As a market leader, Cboe continues to enhance its offerings, providing unique trading experiences that cater to a global clientele.
How does Cboe'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.
Cboe's score of 39 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cboe reported total carbon emissions of approximately 36,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 32,949,000 kg CO2e. Specifically, Scope 1 emissions were about 384,000 kg CO2e, while Scope 2 emissions totalled approximately 3,317,000 kg CO2e (market-based). Cboe has set a long-term commitment to achieve net zero emissions by 2050, encompassing all scopes of emissions. This ambitious target reflects the organisation's dedication to operating responsibly and addressing climate change effectively. In previous years, Cboe's emissions have varied, with 2022 emissions recorded at about 31,585,000 kg CO2e and 2021 emissions at approximately 6,526,000 kg CO2e (Scope 1 and 2 combined). The data indicates a focus on reducing emissions across all scopes, particularly in the context of their extensive Scope 3 emissions, which include significant categories such as purchased goods and services, business travel, and employee commuting. Cboe's ongoing efforts and commitments position it as a proactive player in the financial services sector's response to climate change.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 1,829,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 000,000 |
Scope 2 | 6,885,000 | 00,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 |
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.
Cboe 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.