1 6 | T M X G R O U P S U S TA I N A B I L I T Y R E P O R T 2 0 2 4 REPORT CONTENTS ABOUT THIS REPORT SUSTAINABILITY STRATEGY SUSTAINABILITY GOVERNANCE PROSPERITY PLANET PEOPLE APPENDICES Our GHG Emissions In implementing our commitment to measuring and reporting our emissions and to continuously improve the quality of our data, TMX Group worked again with a third party service provider to inventory our 2024 carbon emissions in accordance with the Greenhouse Gas Protocol Corporate Standard (“GHG Protocol’’). Our below inventory includes Scope 1, Scope 2 and categories of Scope 3 emissions deemed relevant.8 All major TMX Group offices and facilities were covered, following the “operational control” consolidation approach of the GHG Protocol. INVENTORY CATEGORY ACTIVITY (TCO2E) 2024 2023 % VARIATION Scope 1 Stationary Combustion 50 55 -9% Scope 2 (Market-Based) Electricity 1,689 1,828 -8% Scope 3 Indirect Emissions 6,520 4,319 51% Total Gross Emissions (Market-based) 8,259 6,202 33% Emissions intensity tCO2e per FTE 3.7 3.2 15% tCO2e per revenue9 ($ million) 5.7 5.2 9% 20.4% Scope 2 0.6% Scope 1 79% Scope 3 8 A comprehensive view of our inventory, inclusive of detailed methodological changes is provided in Appendix C. 9 Based on TMX Group’s reported 2024 revenue, p.21 of our 2024 Annual Report. 2024 Carbon Emissions by Scope Key drivers behind the 8% year-over-year reduction in our combined Scope 1 and 2 emissions (from the 2023 base year) include impacts from implementing our real estate strategy to centralize activities, improving resource efficiency in our offices despite increased FTE count, and for the first time utilizing clean energy and renewable energy certificates.
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