Nasdaq has pledged to reduce absolute Scope 1 and Scope 2 GHG emissions 100% and absolute Scope 3 GHG emissions 50% by 2030. Additionally, they plan to reduce absolute Scope 3 GHG emissions 95% by 2050.

Nasdaq requires suppliers to comply with environmental laws and encourages them to adopt sustainability practices aligned with Nasdaq’s Environmental Practices Statement. Suppliers should understand and address the environmental risks and impacts of their products and services, particularly in energy and water consumption, greenhouse gas emissions, waste, pollution, biodiversity loss, and hazardous materials. Nasdaq has set ambitious goals to reduce absolute Scope 3 GHG emissions by 50% by 2030 and 95% by 2050, from a 2021 baseline. By 2027, Nasdaq also aims for 70% of its suppliers by spend—encompassing purchased goods, services, and capital goods—to set science-based targets. Suppliers are encouraged to collaborate with Nasdaq in reducing climate impacts and to provide accurate, timely information to support Nasdaq’s environmental reporting and transparency commitments.

For Nasdaq’s full supplier expectations, view their Supplier Code of Conduct.

Many vendors struggle with:

Our tools support vendors through data collection and reporting, helping Nasdaq’s suppliers simplify climate disclosure compliance and respond confidently to procurement requests.