Defining a Sustainable Future Together
Our Industry Partners
We are committed to engaging with our industry peers on defining a sustainable future together whether we're collaborating with industry groups to set global standards, demonstrating our leadership through international organizations dedicated to making markets better, or working toward equity and inclusion through diversity-organizations.
Our Values in Action
Environmental
Financial services can support society’s transition to a low carbon economy, and we recognize the need to do our part. We have taken steps to reduce the environmental footprint of our direct operations and are actively participating in collaborative industry-driven organizations. In 2022, to address Cboe’s emissions across Scope 1, 2, and 3, we are purchasing a diverse portfolio of carbon offsets and renewable energy certificates.
We have offset our Scope 1 and 2 emissions from 2020
Our Green Partners
Our headquarters is certified LEED Gold and we’ve purchased carbon credits to address our Scope 3 emissions. We’re also partnering with Climate Vault – an award-winning non-profit founded at the University of Chicago – to help achieve our sustainability goals. In 2021, we joined forces with Land Life Company, who has since restored 4 cumulative hectares of degraded land in Australia and Spain, a total of 3,633 planted trees, on our behalf during the 2022/2023 planting season. In 2022, we are collaborating with Carbon Streaming, a Cboe Canada listed company, that uses stream financing to scale high-integrity carbon credit projects and accelerate global climate action.
Associate Resource Groups
Our Associate Resource Groups (ARGs) help us challenge bias, embrace differences and, most importantly, empower associates with the tools and resources to be their authentic selves at Cboe.
I want to play a part in fostering a workplace that welcomes and celebrates authenticity so that all of us can feel safe and valued to be ourselves and have a fair shot at realizing our fullest potential.
Our Partners in Social Good
Our sense of community keeps us connected globally and inspires us to strive for a better world. We work together with our partners to support causes that are most important to our communities.
Associate Engagement Beyond the Workplace
We are proud to report that in 2022, 87% of all associates who responded to the engagement survey would recommend Cboe as a great place to work. 79% of associates agreed that they have access to the learning and development needed to do their job well, a year-over-year increase of 5 percentage points since May 2021. Charitable donations made through Cboe’s Matching Gift program also increased from $540,000 in 2021 to over $1 million in 2022.
Associate
ESG Committee
Our associates have a diverse array of experiences, backgrounds and interests that inform how Cboe can continue to advance its efforts in ESG and strive to create a more sustainable future. The Associate ESG Committee evaluates how we are currently addressing ESG issues and identifies areas for continued improvement.
Charitable giving 2022
Cboe made over $6.5 million in charitable contributions in 2022 through a variety of giving programs.
| Charitable Program | Amount |
|---|---|
| Cboe Matching Program | $1,012,035.00 |
| Cboe Charitable Giving | $? |
| Cboe Donor-Advised Fund | $? |
| Charity Category | Percentage |
|---|---|
| Civic and Community | 41% |
| Educational Organization | 42% |
| Health Organization | 17% |
Governance
Governance is embedded in the operations of our company. Our Board recognizes that operating in a socially responsible manner helps promote the long-term interests of our organization, stockholders, associates, industry and community. Our ESG responsibilities start at the top with our board of directors and require everyone's dedication and participation.
Risk Management Through Technology
At its foundation, our business is enabled by best-in-class technology powering our markets, data platforms, and investment solutions – all of which saw over 99.9% uptime in 2022, with 100% uptime recorded across all equities, options, and futures exchanges order books.
One Hundred Percent Uptime
In 2022, we had 100% uptime across our global platforms with the exception of 3,180 seconds of downtime on the Cboe Japan Smart Order Routing (SOR) platform, 25 seconds related to an unscheduled ErisX reboot, and 60 seconds on the Cboe FX platform.
ESG Reports
We are committed to serving our people, our markets, our communities and the planet as we strive to be better and do better through our ESG commitments. This report provides information on our approach and results.
Read the Report
Additional Resources
Past Reports
Solutions
Where Innovation and
Responsibility Convene
Cboe works with the world's leading index providers to merge innovation and responsibility to empower market participants to manage risk.
S&P ESG Index Options
S&P ESG Index Options capture and elevate continued demand for investment strategies focused on ESG and sustainability.
MSCI ESG Indices
Cboe and MSCI Inc. share a common vision to help market participants protect capital, transfer risk and generate wealth to create a sustainable financial future. Cboe may offer index options on leading MSCI ESG indices.
*subject to regulatory approval
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The Venue for ESG-Minded Issuers
Cboe is the listing venue of choice for issuers seeking to launch ESG-themed ETPs.
List with Cboe
Social
We strive to create a diverse workforce that reflects the world in which we operate, and to build an inclusive culture where every associate feels welcome, safe and empowered. We work together to support the causes that are most important to us through donations, charity days and Cboe Empowers, our community engagement program.