- Decreased trading activities year-on-year due to the market environment.
- Fee adjustments impacting Net Promoter Score (NPS).
- Special audit by BaFin resulting in a fine for administrative offences.
- Fine paid due to an order by the Italian competition authority (legal action underway).
flatexDEGIRO AG
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, flatexDEGIRO AG disclosed greenhouse gas emissions of 878.4 tCO2e/year (Scope 1 & 2, net). By scope: Scope 1: 607.5 tCO2e/year; Scope 2: 270.9 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
878.4 tCO2e/year (Scope 1 & 2, net)
2023
Renewable Energy
77% of total energy use
of total energy
Energy Use
5.2K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 607.5 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 270.9 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 878.4 tCO2e/year (Scope 1 & 2, net) |
| 2022 | 919.4 tCO2 (site-based, before offsetting) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Transitioned all German office sites to green electricity in 2022.
- Reduced Scope 1 and Scope 2 emissions from 919.4 metric tonnes of CO2e (2022) to 878.4 metric tonnes of CO2e in 2023 (adjusted for offsetting, -12.8%).
- Achieved a Power Usage Effectiveness (PUE) of around 1.3 in German data centers (below the German average of 1.55).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase the proportion of suppliers adhering to the Business Partner Code of Conduct to at least 40% by 2024.
📅 Medium-term
- Reduce Scope 1 and Scope 2 emissions by at least 70% by 2026 (2020 baseline).
- Reduce Scope 3 emissions by up to 30% by 2026 (2020 baseline).
🌱 ESG Focus Areas
EnvironmentSocialGovernance