Defining a Sustainable Future Together
Partner and Industry ESG Engagement
Through collaboration with other organizations and industry members, we are inspired to think about how we can improve our ESG performance and continue to contribute to the transition to a low carbon economy.
Our Values in Action
Environmental
Financial services can help 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 collaborate with other organizations and industry members to think about how we can continue to improve our ESG performance To address Cboe’s 2023 emissions across Scope 1, 2, and 3, we are continuing to purchase a diverse portfolio of carbon offsets and renewable energy certificates.
Our Green Partners
Our headquarters is certified LEED Gold and we continue to purchase a diverse portfolio of carbon credits to help address our emissions. We collaborate with Climate Vault - an award-winning non-profit founded at the University of Chicago - to help achieve our sustainability goals. We also purchase carbon credits provided by Carbon Streaming, a Cboe Canada listed company that uses stream financing to scale high-integrity carbon credit projects and accelerate global climate action. Additionally, we are collaborating with Nori to support regenerative agriuclture, soil restoration, and carbon sequestration through their Regenerative Tonnes™.
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.
Our Diversity Leadership Council includes our leadership from our Associate Resource Groups and plays a crucial role in promoting diversity, driving employee engagement, and fostering a culture of inclusion. When we actively engage associates from various backgrounds, experiences, and perspectives we encourage diverse voices to be heard and we build an associate community that feels valued, represented, and respected.
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 2023, 92% of all associates who responded to the engagement survey would recommend Cboe as a great place to work, an increase of 7 percentage points from 2022. 80% of associates agreed that they have access to the learning and development needed to do their job well, remaining consistent with 2022. 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 2023
Cboe made over $5 million in charitable contributions in 2023 through a variety of giving programs.
| Charitable Program | Amount |
|---|---|
| Cboe Matching Program | $795,046 |
| Cboe Charitable Giving | $4,206,307.00 |
| Cboe Donor-Advised Fund | $? |
| Charity Category | Percentage |
|---|---|
| Civic and Community | 65% |
| Educational Organization | 13% |
| Health Organization | 22% |
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. In 2023, Cboe maintained 100% uptime across 25 of 29 platforms globally. Across all 29 platforms, Cboe achieved greater than 99.9% uptime in 2023.
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
ESG Policies
Public Disclosures
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.
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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.