Climate Change Data

CME Group Inc.

Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:63,569 metric tonnes of CO2e (2019)
Scope 1 Emissions:<1% of total emissions (2019)
Scope 2 Emissions:54% of total emissions (2019)
Scope 3 Emissions:19% of total emissions (2019)
Waste Generated:3.37 tons of electronic waste

ESG Focus Areas

  • Workforce Empowerment
  • Community Commitment
  • Sustainable Solutions
  • Corporate Stewardship

Environmental Achievements

  • Reduced average PUE by 3% at primary data center in Aurora compared to 2019 (nearly 10% reduction since 2017)
  • Preserved 530 trees through paper recycling efforts
  • Reduced office space by approximately 219,000 square feet through consolidations and renovations

Social Achievements

  • Launched first-ever employee well-being week
  • Provided resources to help employees balance work and personal lives during the COVID-19 pandemic
  • Donated $100,000 to food pantries globally and $470,000 to COVID-19 relief organizations in Chicago
  • Donated 7,000 N-95 masks to first responders and healthcare professionals
  • Conducted consciously inclusive leadership training for 750+ people managers

Governance Achievements

  • Maintained operational resilience and price discovery during unprecedented market volatility
  • Obtained ISO27001 information security certification
  • 100% of employees completed annual training on cybersecurity and compliance & ethics matters

Climate Goals & Targets

Short-term Goals:
  • Decrease electricity consumption at data centers and carbon emissions from business flights

Environmental Challenges

  • COVID-19 pandemic and transition to remote work
  • Supply chain disruptions
  • Maintaining business continuity during market uncertainty
Mitigation Strategies
  • Provided resources and support to employees working remotely
  • Developed a global return-to-office framework
  • Implemented robust business continuity management program
  • Introduced new products to help clients manage pandemic-related risks

Supply Chain Management

Responsible Procurement
  • Supplier diversity program

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Greenhouse Gas Protocol

Certifications: ISO 27001

Sustainable Products & Innovation

  • Nasdaq Veles California Water Index Futures
  • E-mini S&P 500 ESG Futures
  • Global Emissions Offset (GEO) futures contract (planned)

Awards & Recognition

  • FOW International Awards Clearing House of the Year, Americas
  • Risk Awards Global Capital’s Global Derivatives Exchange of the Year
  • Computerworld’s 100 Best Places to Work in IT (3rd consecutive year)
  • World’s Most Valuable Exchange Brand (7th consecutive year)
  • American Heart Association’s Workplace Health Achievement Index Gold Recognition (2nd consecutive year)
  • Human Rights Campaign Foundation Best Places to Work for LGBTQ Equality & Perfect Score on Corporate Equality Index (3rd consecutive year)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:159,766 tCO2e (2020); 157,375 tCO2e (2021)
Scope 1 Emissions:180 tCO2e (2020); 161 tCO2e (2021)
Scope 2 Emissions:19,761 tCO2e (2020); 19,812 tCO2e (2021)
Scope 3 Emissions:145,869 tCO2e (2020); 137,100 tCO2e (2021)
Total Energy Consumption:41,366,176 kWh (2020); 38,103,509 kWh (2021)
Water Consumption:40 m3 (2020); 30 m3 (2021)
Waste Generated:186 tons (2020); 186 tons (2021)

ESG Focus Areas

  • Workforce Empowerment
  • Sustainable Solutions
  • Community Commitment
  • Corporate Stewardship

Environmental Achievements

  • Launched the industry’s first Sustainable Clearing service.
  • E-mini S&P 500 ESG futures reached a peak of $4.2 billion in open interest.
  • Listed E-mini S&P Europe 350 ESG futures.
  • Introduced two voluntary carbon-offset tools: Global Emissions Offset (GEO) futures and Nature-Based Global Emissions Offset (N-GEO) futures. More than 47 million offsets were traded in 2021.
  • Strengthened responsible sourcing requirements for NYMEX platinum and palladium and COMEX silver.
  • Launched lithium futures to support risk management needs in the electric vehicle segment.
  • Around 338,000 tons of recycled steel were hedged on CME Group exchanges.

Social Achievements

  • Introduced a flexible work model, with 91% of survey respondents saying they were aligned with their managers on flexible work arrangements and 81% agreeing that CME Group is supportive of flexible work.
  • Hosted a company-wide Employee Well-being Week.
  • Introduced additional employee benefits in 2021, including a flexible work model and improved access to mental health resources.
  • Made consciously inclusive leadership training available to all employees.
  • Launched a robust program to monitor the use of qualified diverse suppliers and increase spending.
  • Donated more than $7.7 million to charitable initiatives.
  • Raised $850,000 for St. Jude Children’s Research Hospital.

Governance Achievements

  • Continued to set a high bar for good governance and integrity.
  • Published EEO-1 data for the U.S.
  • Expanded disclosures in accordance with the Sustainability Accounting Standards Board (SASB).

Climate Goals & Targets

Environmental Challenges

  • Ongoing COVID-19 pandemic and its impact on employees and operations.
  • Low percentage of global supplier budget spent on diverse suppliers (less than 3%).
Mitigation Strategies
  • Introduced policies and programs to support employee well-being during the pandemic.
  • Implemented a flexible work model.
  • Launched a robust supplier diversity program to increase spending with diverse suppliers.
  • Implemented DiversityTraX to better manage and track diverse suppliers.

Supply Chain Management

Supplier Audits: 35 suppliers certified as diverse in 2021

Responsible Procurement
  • Supplier Diversity Program
  • DiversityTraX platform
  • Responsible sourcing requirements for certain metals

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 27001

Sustainable Products & Innovation

  • Global Emissions Offset (GEO) futures
  • Nature-Based Global Emissions Offset (N-GEO) futures
  • Lithium futures
  • E-mini S&P Europe 350 ESG Index futures

Awards & Recognition

  • World’s Most Valuable Exchange Brand (Brand Finance)
  • Global Capital’s Global Derivatives Exchange of the Year
  • Forbes World’s Most Female Friendly Companies
  • FOW Global Investor Asia Capital’s Exchange of the Year
  • InsiderPro & Computerworld's 100 Best Places to Work in IT
  • Best Places to Work for LGBTQ+ Equality

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:162,216 tCO2e/year (market-based)
Scope 1 Emissions:134 tCO2e/year
Scope 2 Emissions:18,962 tCO2e/year
Scope 3 Emissions:143,120 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:46,418,831 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Workforce Empowerment
  • Sustainable Solutions
  • Community Commitment
  • Corporate Stewardship

Environmental Achievements

  • Launched three new voluntary carbon offset contracts (CBL Core Global Emissions Offset (C-GEO) futures, CBL Global Emissions Offset Trailing (C-GEO-TR) futures and CBL Nature-Based Global Emissions Offset Trailing (N-GEO-TR) futures), building upon the success of existing contracts. Trading in carbon offset products surpassed 200,000 contracts traded (equivalent to 200 million metric tons of CO2 traded).

Social Achievements

  • Partnered with Lyra Health to offer mental health benefits, including 12 free therapy or coaching sessions per year for employees and their dependents.
  • Continued to increase spending with diverse suppliers, exceeding $18.5 million (2% of total supplier spend).
  • Employee well-being week with sessions on mindfulness, emotional resilience, financial well-being, relationships, and nutrition.
  • Launched a new ERG, Differently Abled Workforce Network (DAWN).

Governance Achievements

  • Multi-year project to assess the Board’s competencies to ensure effective oversight.
  • Two new directors joined the Board in 2023, increasing gender and racial diversity.
  • Continued to oversee the company's risk and compliance functions, including its Global Information Security Program.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier diversity program; partnerships with diversity associations.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 27001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • E-mini S&P 500 ESG futures; voluntary carbon futures; bioenergy futures; battery metals suite; CBL Core Global Emissions Offset (C-GEO) futures; CBL N-GEO Trailing and CBL C-GEO Trailing futures contracts

Awards & Recognition

  • Brand Finance’s World’s Most Valuable Exchange Brand (9th consecutive year)
  • Computerworld’s 100 Best Places to Work in IT (5th consecutive year)
  • Forbes Best Global Crypto Exchanges
  • Forbes Blockchain 50 (2nd consecutive year)
  • FOW Clearing House of the Year
  • FOW Exchange of the Year for Americas and Canada
  • Global Capital's Americas Derivatives Exchange of the Year (2nd consecutive year)
  • Human Rights Campaign's Best Places to Work for LGBTQ+ Equality (5th consecutive year)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:91,479 tCO2e/year (market-based)
Scope 1 Emissions:309 tCO2e/year
Scope 2 Emissions:10,417 tCO2e/year
Scope 3 Emissions:80,753 tCO2e/year
Total Energy Consumption:26,120 MWh/year
Waste Generated:487 tons/year

ESG Focus Areas

  • Workforce Empowerment
  • Sustainable Solutions
  • Community Commitment
  • Corporate Stewardship

Environmental Achievements

  • 79% of occupied office space in buildings with LEED, BREEAM or other similar green credentials
  • 190% growth in battery metals trading volumes from 2022
  • Expanded battery metals and niche metals products

Social Achievements

  • Launched an interactive Employee Orientation Program
  • Announced a new, market-leading and inclusive family building benefit
  • Continued to invest in cloud technology training and certification programs for employees ($1M spent)
  • 87% of employees feel they have access to the resources needed to do their jobs effectively
  • 5.6% voluntary turnover (down nearly 50% from 2022)
  • 38% of employees belong to an Employee Resource Group (ERG)
  • $16.2M CME Group diverse supplier spend
  • 64 number of CME Group diverse suppliers
  • Hosted a panel discussion on young girls’ mental health challenges

Governance Achievements

  • 100% of board members have experience in ethics and integrity
  • 87% of board members are independent
  • 67 employees recognized as Compliance Champions
  • Surveyed employees to better understand their view of the Compliance and Ethics Program

Climate Goals & Targets

Environmental Challenges

  • Climate events impacting markets or the company
  • Data limitations or exclusions in emissions reporting
Mitigation Strategies
  • Analyzing climate risk exposure and assessing business resilience
  • Implementing a software tool to more efficiently track emissions data
  • Updating emissions methodology for 2023 to reflect changes in premises and landlord reporting

Supply Chain Management

Responsible Procurement
  • Supplier Diversity Program

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Market shifts towards new technologies and alternative energy sources
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: SASB

Certifications: ISO 27001

Sustainable Products & Innovation

  • Weather futures and options
  • Battery and recycled metals contracts
  • ESG indices
  • Voluntary carbon and emissions contracts

Awards & Recognition

  • Computerworld’s Best Places to Work in IT
  • Human Rights Campaign Foundation Corporate Equality Index (CEI) Equality 100 winner
  • American Heart Association’s Workforce Well-Being Platinum Recognition
  • Great Place to Work CertifiedTM (India office)