Tradeweb Markets Inc
Tradeweb Markets's GHG Emissions Data Preview
In 2024, Tradeweb Markets 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).
Tradeweb Markets has also provided a category-level breakdown for 9 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/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  a | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature.  | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 |
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aVerified Sources Behind Tradeweb Markets’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Tradeweb Markets’s data sources below and access millions more through our Disclosure Search.
Insights into Tradeweb Markets's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Tradeweb Markets amounted to 4,519 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Tradeweb Markets decreased by 2.1%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Tradeweb Markets's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Tradeweb Markets's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Tradeweb Markets were 30 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Tradeweb Markets's Scope 1 emissions decreased by 18.92%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Tradeweb Markets's Scope 2 emissions?
In 2024, Tradeweb Markets reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 4,489 tCO₂e using the location-based method.a
Has Tradeweb Markets reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Tradeweb Markets's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Tradeweb Markets's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Tradeweb Markets use for Scope 2 reporting?
In 2024, Tradeweb Markets reported its Scope 2 emissions using the market-based method and using the location-based method.a
Tradeweb Markets's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Tradeweb Markets's Value Chain Emissions
In 2024, Tradeweb Markets reported 21,746 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Tradeweb Markets includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Tradeweb Markets's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Tradeweb Markets's Scope 3 emissions?
In 2024, Tradeweb Markets reported total Scope 3 emissions of 21,746 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.73% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.27% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Tradeweb Markets reduced its Scope 3 emissions over time?
Since 2019, Tradeweb Markets's Scope 3 emissions have increased by 2,675.91%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Tradeweb Markets's Scope 3 emissions remained relatively stable, indicating that Tradeweb Markets's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Tradeweb Markets disclose?
In 2024, Tradeweb Markets reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Tradeweb Markets's Scope 3 emissions?
In 2024, the largest contributors to Tradeweb Markets's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 14,008 tCO₂e (64.41%)
- Business Travel (Cat. 6): 3,717 tCO₂e (17.09%)
- Capital Goods (Cat. 2): 2,456 tCO₂e (11.29%)
Tradeweb Markets's Scope 3 Emissions by Categories
Insights into Tradeweb Markets’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Tradeweb Markets reported Scope 1 greenhouse gas (GHG) emissions of 30 tCO₂e and total revenues of USD 1,724 millions. This translates into an emissions intensity of 0.02 tCO₂e per millions USD.a
Tradeweb Markets's Scope 1 Emissions Intensity Compared to Peers
How does Tradeweb Markets's GHG emissions intensity compare to its peers?
In 2024, Tradeweb Markets reported a Scope 1 emissions intensity of 0.02 tCO₂e per millions USD. Compared to the peer group median of 0.24, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Tradeweb Markets rank on GHG emissions intensity within its industry?
In 2024, Tradeweb Markets ranked 3 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Tradeweb Markets among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Tradeweb Markets's Total Carbon Footprint
In 2024, Tradeweb Markets reported a total carbon footprint of 26,265 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.93% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Tradeweb Markets's total carbon footprint was Scope 3 emissions, accounting for 82.79% of the company's total carbon footprint, followed by Scope 2 emissions at 17.09%.a