Flatexdegiro
Flatexdegiro, a leading online brokerage firm, is headquartered in Germany and operates extensively across Europe. Founded in 2006, the company has rapidly established itself in the financial services industry, particularly in the areas of stock trading and investment solutions. Flatexdegiro is renowned for its innovative trading platform, which offers low-cost trading options and a user-friendly interface, making it accessible for both novice and experienced investors. With a commitment to transparency and efficiency, Flatexdegiro has achieved significant milestones, including the merger of Flatex and Degiro in 2020, which solidified its position as a major player in the European market. The firm’s core offerings include commission-free trading and a diverse range of investment products, setting it apart from traditional brokers. As a result, Flatexdegiro continues to attract a growing customer base, reinforcing its reputation as a trusted choice for online trading in Europe.
DitchCarbon Score
How does Flatexdegiro'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
Flatexdegiro's score of 44 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Flatexdegiro's reported carbon emissions
In 2024, Flatexdegiro reported total carbon emissions of approximately 4,100,100 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 4,116,100 kg CO2e. The breakdown includes Scope 1 emissions of about 406,100 kg CO2e and Scope 2 emissions of approximately 445,400 kg CO2e, with purchased electricity contributing about 295,200 kg CO2e. In 2023, the company recorded total emissions of around 3,685,200 kg CO2e, with Scope 1 emissions at about 415,600 kg CO2e and Scope 2 emissions at approximately 421,600 kg CO2e. The trend indicates a focus on managing emissions across all scopes, particularly in Scope 3, which includes indirect emissions from capital goods, business travel, and employee commuting. Flatexdegiro has set ambitious reduction targets, aiming for a 70% reduction in both Scope 1 and Scope 2 emissions by 2030, starting from 2021. This commitment reflects their dedication to environmental sustainability and compliance with decarbonisation standards. The company is actively working towards these goals, demonstrating a proactive approach to mitigating climate impact.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 487,500 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | 0,000,000 | 0,000,000 |
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.
Flatexdegiro 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.
