TMX Group Ltd
TMX Group's GHG Emissions Data Preview
In 2023, TMX Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
TMX Group has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into TMX Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of TMX Group amounted to 1,604 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of TMX Group decreased by 3.26%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
TMX Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are TMX Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of TMX Group were 606 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has TMX Group reduced its Scope 1 emissions over time?
Since 2019, TMX Group's Scope 1 emissions have decreased by 9.96%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), TMX Group's Scope 1 emissions decreased by 25.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are TMX Group's Scope 2 emissions?
In 2023, TMX Group reported Scope 2 greenhouse gas (GHG) emissions of 998 tCOâ‚‚e using the location-based method.
Has TMX Group reduced its Scope 2 emissions over time?
Since 2019, TMX Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 20.39%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), TMX Group's Scope 2 emissions (Location-Based) rose by 18.39% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does TMX Group use for Scope 2 reporting?
In 2023, TMX Group reported its Scope 2 emissions using the location-based method.
TMX Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into TMX Group's Value Chain Emissions
In 2023, TMX Group reported 5,339 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of TMX Group includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
TMX Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are TMX Group's Scope 3 emissions?
In 2023, TMX Group reported total Scope 3 emissions of 5,339 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 95.97% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.03% came from downstream activities like product use, distribution, and end-of-life treatment.
Has TMX Group reduced its Scope 3 emissions over time?
Since 2019, TMX Group's Scope 3 emissions have increased by 792.81%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), TMX Group's Scope 3 emissions increased by 798.82%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does TMX Group disclose?
In 2023, TMX Group reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of TMX Group's Scope 3 emissions?
In 2023, the largest contributors to TMX Group's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 2,518 tCOâ‚‚e (47.16%)
- Employee Commuting (Cat. 7): 1,157 tCOâ‚‚e (21.67%)
- Capital Goods (Cat. 2): 695 tCOâ‚‚e (13.02%)
TMX Group's Scope 3 Emissions by Categories
Insights into TMX Group's Total Carbon Footprint
In 2023, TMX Group reported a total carbon footprint of 6,943 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 208.3% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to TMX Group's total carbon footprint was Scope 3 emissions, accounting for 76.9% of the company's total carbon footprint, followed by Scope 2 emissions at 14.37%.