NYSE Euronext Goes Carbon-Neutral

by | Aug 5, 2011

NYSE Euronext has become the first carbon-neutral global exchange operator, the company has announced.

The parent company of markets including the New York Stock Exchange said it reached carbon neutral status for 2010 through energy efficiency and conservation efforts, plus purchase of Green-e certified renewable energy certificates and carbon offsets.

The RECs, purchased from 3Degrees, match the company’s electricity usage. The carbon offsets, also purchased from 3Degrees, take into account all aspects of NYSE Euronext’s carbon emissions, including electricity usage, onsite generators, vehicles and employee travel.

NYSE Euronext’s green power and carbon balancing commitment will help avoid an estimated 91,508 metric tons of CO2 greenhouse gas emissions, the company said, equivalent to the emissions from the use of electricity at 11,105 average homes.

In April the New York Stock Exchange announced that it was purchasing renewable energy credits to offset the 28 million kWh it uses annually, taking that market carbon-neutral.

Recent conservation efforts at NYSE Euronext have included the installation of an array of solar panels at its Basildon, England data center, which the market operator says is the largest installation of its kind in the United Kingdom. The array is capable of meeting up to 20 percent of the data center’s current power requirements, and NYSE Euronext says it is considering similar initiatives for its U.S. locations.

The company was named last year to the Dow Jones Sustainability Index and the Carbon Disclosure Project’s S&P 500 Leadership Index.

“By matching our energy use with these certificates and offsets, we are both mitigating our carbon footprint and helping to accelerate the low-carbon, renewable-energy economy,” said chief executive officer Duncan L. Niederauer. “We are proud to be taking this leadership position among global exchange groups and we will continue to seek out responsible and effective ways to contribute to a sustainable environment.”

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