London Metal Exchange
The London Metal Exchange (LME), headquartered in London, GB, is a pivotal institution in the global metals market, renowned for its role in the trading of base metals. Founded in 1877, the LME has established itself as the world's premier marketplace for metal trading, offering a unique platform for price discovery and risk management. Operating primarily in the UK and with a significant presence in Asia, the LME facilitates trading in a variety of core products, including copper, aluminium, and zinc. Its distinctive features, such as the ability to trade in both physical and futures contracts, set it apart from other exchanges. The LME's commitment to transparency and efficiency has solidified its market position, making it a key player in the commodities industry.
DitchCarbon Score
How does London Metal 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 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.
Industry Benchmark
London Metal Exchange's score of 38 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
London Metal Exchange's reported carbon emissions
In 2024, the London Metal Exchange (LME) reported total carbon emissions of approximately 7,813,000 kg CO2e, with Scope 2 emissions from purchased electricity accounting for about 4,000 kg CO2e. This marks a slight increase from 2023, when total emissions were around 7,479,000 kg CO2e, with Scope 2 emissions significantly higher at approximately 218,000 kg CO2e. The LME has committed to achieving carbon neutrality by the end of 2024, as announced by its parent company, HKEX, in 2023. This commitment encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. Additionally, the LME has set long-term targets aligned with the Science Based Targets initiative (SBTi), aiming for net-zero emissions by 2050. The LME's emissions data highlights its focus on reducing its carbon footprint, particularly in Scope 2 emissions, while its climate commitments demonstrate a proactive stance in addressing climate change within the financial services sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 22,000 | 000,000 | 0,000 |
| Scope 3 | 1,601,000 | - | - |
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.
London Metal 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.
