TP ICAP, headquartered in Great Britain, is a leading global intermediary in the financial services industry, specialising in the facilitation of trading across various asset classes. Founded in 2016 through the merger of Tullett Prebon and ICAP’s global broking business, the company has established a strong presence in key operational regions, including Europe, North America, and Asia-Pacific. TP ICAP offers a diverse range of services, including voice and electronic broking, data and analytics, and post-trade services, which are distinguished by their innovative technology and deep market expertise. The firm is recognised for its significant market position, consistently ranking among the top interdealer brokers worldwide. With a commitment to enhancing market efficiency and transparency, TP ICAP continues to achieve notable milestones in the evolving financial landscape.
How does Tp Icap'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 Services Auxiliary to 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.
Tp Icap's score of 62 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, TP ICAP reported total carbon emissions of approximately 52,438,000 kg CO2e. This includes Scope 1 emissions of about 912,000 kg CO2e, Scope 2 emissions of approximately 4,691,000 kg CO2e, and significant Scope 3 emissions totalling around 46,835,000 kg CO2e. The Scope 3 emissions are primarily driven by business travel (about 4,624,000 kg CO2e) and employee commuting (approximately 4,842,000 kg CO2e). Comparatively, in 2023, TP ICAP's total emissions were about 57,723,000 kg CO2e, with Scope 1 at approximately 1,442,000 kg CO2e, Scope 2 at around 6,182,000 kg CO2e, and Scope 3 emissions reaching about 50,099,000 kg CO2e. This indicates a reduction in total emissions from 2023 to 2024. TP ICAP has set ambitious climate commitments, aiming for carbon neutrality in both Scope 1 and Scope 2 emissions by the end of 2026. This target aligns with the UK government's Net Zero ambition. The company plans to achieve this by minimising emissions and purchasing certified carbon credits to offset any residual emissions. Their operational carbon neutrality goal reflects a commitment to reducing emissions by approximately 27% from 2021 levels before offsets. The emissions data is sourced directly from TP ICAP Group PLC, with no cascading from a parent organisation.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 661,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 2 | 6,599,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 3,665,000 | 00,000,000 | - | 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.
Tp Icap 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.