RVBA-NASDAPrivate

Nasdaq, Inc.

US
Verified credentials
SBTi Validated1.5°C
no trajectory chart yet — needs at least one percent-reduction target with matching scope data

Headline intensities

·Values in USD ($)
Peer cohort: · lower is better
Revenue intensity
Carbon / $m revenue
tCO2e / $m revenue

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

Operational intensity
Carbon / $m OpEx
tCO2e / $m OpEx

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

Economic intensity
Carbon / $m EVIC
tCO2e / $m EVIC

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

Asset intensity
Carbon / $m PP&E + leased
tCO2e / $m PP&E

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Climate action evidence

6 records · 1 source
Carbon credits retired
62,801 tCO2e
6 retirements · FY2019–2024 · third-party verified
By credit quality
  • Durable removals62,801 tCO2e(100%)
Retirement records(top 6 by volume of 6)
  • 2020 Wooden Building Elements · puro26,695 tCO2esource ↗
  • 2019 Wooden Building Elements · puro13,500 tCO2esource ↗
  • 2023 Geologically stored carbon · puro8,500 tCO2esource ↗
  • 2024 Biochar, 2022 · puro7,605 tCO2esource ↗
  • 2022 Biochar, 2022 · puro6,500 tCO2esource ↗
  • 2023 Biochar, 2022 · puro1 tCO2esource ↗
Renewable electricity
No third-party REC retirements on file and no self-reported renewable share disclosed.
Sources
  • · Puro.earth Registry
Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

Targets

Near-term

5 targets
ScopeBaseTargetReductionAlignmentProgressStatus
Scope 1 + 2Absolute20232032−90%1.5°Cinsufficient data
Scope 1 + 2 + 3Absolute20212030−100%In corporate strategyinsufficient data
Scope 220232030−1%1.5°Cinsufficient data
Scope 3Absolute20232032−50%insufficient data
Scope 320232029−70%insufficient data

Long-term

2 targets
ScopeBaseTargetReductionAlignmentProgressStatus
Scope 1 + 2Absolute20232050−90%1.5°Cinsufficient data
Scope 3Absolute20232050−95%insufficient data

Net zero

2 targets
ScopeBaseTargetReductionAlignmentProgressStatus
Scope 1 + 2 + 3202320501.5°Cabsolute-value target
Scope 1 + 2 + 3Absolute2050In corporate strategyabsolute-value target
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Latest reporting year· 1 earlier year on Data-by-year tab

all years + ratios →

2026

reporting year
Financials
Revenue
OpEx
FTE
Market cap (FY-end)
Climate
Scope 1
Scope 2 (market)
Scope 2 (location)
Scope 3 total