Better Health for All

Cboe prioritizes employee health and well-being through comprehensive programs that include enhanced employee assistance and mental and physical wellness support.

The company also made charitable donations as part of its 50th-anniversary campaign, including $100,000 to Doctors Without Borders for emergency medical aid and $100,000 to World Central Kitchen for meals in crisis areas. Cboe's core business, which involves financial market infrastructure and trading services, has no direct positive or negative health impact, and its operations do not involve health-related products, R&D, or data.

Fair Money & Economic Opportunity

Cboe Global Markets Inc. operates as a provider of market infrastructure, data solutions, and trading services, rather than offering consumer lending, deposit, or insurance products. As such, many KPIs under 'Fair Money & Economic Opportunity' are not applicable to its business model. Cboe does not offer lending or deposit services to consumers, nor does it have consumer credit products or a loan/insurance book. It does not generate revenue from high-cost financial products or operate consumer financial service access points. While Cboe engages in charitable contributions and financial literacy programs, such as the Options Institute's 35 years of programs

and mentoring over 600 students in Chicago Public Schools, the provided articles do not offer the specific quantitative data (e.g., percentage of annual pre-tax profit reinvested or percentage of customers reached with measurable outcomes) required by the rubric to score these KPIs, leading to their omission.

Fair Pay & Worker Respect

Cboe Global Markets provides comprehensive compensation, including base salary, bonuses, and equity

, along with benefits such as medical coverage, retirement plans, and parental leave . Its comprehensive benefits program prioritizes physical, emotional, mental, and financial wellness , with mental health resources strengthened during the pandemic . The company fosters an inclusive culture through equal employment opportunities and conducts regular employee engagement surveys, reporting high participation and positive feedback for its sixth annual survey in 2023 . Development programs include mentorships and tuition reimbursement . Cboe's Diversity, Equity, and Inclusion initiatives, such as the Cboe Women's Initiative and PRISM+, promote opportunities for underrepresented groups ; in 2022, the Women's Initiative mentorship program paired over 60 mentors with mentees . The Cboe Empowers program offers scholarships and mentorships to under-resourced students , awarding scholarships to high school students in 2023 . Cboe also made a $100,000 donation to Human Rights Watch as part of a $500,000 charitable commitment and received the Alter & Stone Award for contributions to Working in the Schools (WITS), including over $500,000 in donations and 165,000 hours of mentorship since 1999 .

Fair Trade & Ethical Sourcing

Cboe Global Markets Inc. operates as a financial exchange, providing market infrastructure and trading services, and is largely removed from the direct ethical sourcing of physical goods.

As such, the company does not procure or trade physical commodities, has no exposure to upstream labor practices, and does not source at-risk materials, making several KPIs related to fair trade and ethical sourcing not applicable. While Cboe has a Vendor Management Policy and Human Rights Policy , the provided articles do not offer specific data points regarding the percentage of supplier contracts with enforceable ethical-sourcing clauses or the percentage of procurement budget directed to diverse suppliers.

Honest & Fair Business

Cboe Global Markets was recognized as a Certified Transparent Company™ by Transparency Invest™ in December 2021, placing it in the top one percent for organizational transparency among global public companies.

In September 2023, Cboe's CEO resigned following an internal investigation that determined he did not disclose personal relationships with colleagues, violating company policies. A new CEO was appointed, underscoring the company's commitment to ethical standards. Cboe also implements comprehensive cybersecurity policies, including regular monitoring, annual employee training, and independent assessments. The company operates as a self-regulatory organization, with its exchanges subject to oversight by the U.S. Securities and Exchange Commission (SEC), which conducts periodic reviews and inspections.

Kind to Animals

Cboe Global Markets, Inc. operates as a financial services company, providing market infrastructure and trading services.

Due to its business model, the company does not engage in activities such as animal exploitation, animal testing, animal agriculture, or the production of physical goods requiring animal-derived inputs or cruelty-free certifications. Consequently, KPIs related to cruelty-free certification, alternative testing usage, humane operations, ethical input substitution, animal-related supplier audits, cage-free sourcing, animal testing policy and volume, animal agriculture ethics, and animal-free R&D collaboration are not applicable. Cboe Labs' R&D focuses on financial indexes and options, not animal-free technologies. While Cboe participates in general sustainability initiatives and environmental conservation efforts, such as tree planting and regenerative agriculture, the provided evidence does not include measurable biodiversity impact or species recovery metrics directly addressing animal welfare or habitat preservation, leading to the omission of the wildlife conservation impact KPI. Similarly, its public policy engagement is related to general sustainability, not specific animal welfare policies.

No War, No Weapons

Cboe Global Markets' core business is financial market infrastructure and services. The company states it remains uninvolved with military activities and maintains a neutral stance towards military involvement.

This indicates no revenue from arms or defense contracts, no defense business for board oversight, no exposure to any weapons (controversial or otherwise), and no defense assets to divest. Cboe made a $100,000 donation to Human Rights Watch as part of its 50th-anniversary commitment to social responsibility, supporting initiatives that align with human rights and peaceful resolutions. The company also acknowledges cybersecurity risks associated with geopolitical events and emphasizes secure technology systems.

Planet-Friendly Business

Cboe Global Markets has committed to achieving net-zero emissions by 2050.

Its 2023 ESG Report details plans to reduce Scope 1, 2, and certain Scope 3 emissions. In 2021, market-based Scope 1 and 2 emissions were 4,889 MTCO₂e, representing a 56.8% reduction from 11,325 MTCO₂e in 2020. This reduction was partly achieved through partnerships with data centers purchasing Renewable Energy Certificates from wind energy. Cboe also uses a portfolio of carbon offsets to address its 2023 emissions. The company's headquarters is LEED Gold certified. Water consumption decreased from 670,595 gallons in 2019 to 339,728 gallons in 2020.

Respect for Cultures & Communities

No specific evidence was found in the provided articles that directly addresses the quantitative or qualitative criteria for any of the KPIs under the 'Respect for Cultures & Communities' ethical value. The articles detail general charitable donations to various non-profits (e.g., Doctors Without Borders

, World Central Kitchen , Human Rights Watch ) and a community engagement program focused on educational support for under-resourced students (Cboe Empowers ), but these activities do not align with the specific metrics related to cultural preservation, indigenous partnerships, cultural impact assessments, or other community-specific cultural respect indicators outlined in the rubric.

Safe & Smart Tech

Cboe Global Markets Inc. demonstrates a commitment to data privacy and cybersecurity. The company participates in and has certified its adherence to the EU-U.S. Data Privacy Framework, its UK Extension, and the Swiss-U.S. Data Privacy Framework, indicating strong compliance with international data protection standards

. Cboe conducts annual cybersecurity and data privacy training for employees and third-party consultants . Furthermore, it performs regular simulations, tabletop exercises, and independent third-party cybersecurity penetration assessments to test and enhance its security readiness . The company also employs a comprehensive Enterprise Risk Management Framework with a three-line defense strategy for continuous monitoring and auditing of cybersecurity policies . Oversight includes a Chief Information Security Officer and Chief Risk Officer, with the Board of Directors receiving regular updates on information security .

Zero Waste & Sustainable Products

Cboe Global Markets Inc. operates in the financial services sector and does not manufacture physical products.

The provided articles detail the company's commitment to environmental sustainability through carbon offsetting, renewable energy certificates, and energy efficiency initiatives in its data centers and LEED Gold certified headquarters. Cboe has also set a net-zero emissions target by 2050 and reports its Scope 1, 2, and 3 emissions. However, the articles do not provide specific data or initiatives related to waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education. In 2023, the company reported approximately 38,400 tonnes of CO₂ equivalent (CO₂e) in Scope 1 emissions, about 3,317,000 tonnes CO₂e in Scope 2 emissions, and around 32,949,000 tonnes CO₂e in Scope 3 emissions. The company's environmental efforts primarily focus on carbon and energy, which falls outside the scope of the 'Zero Waste & Sustainable Products' value unless directly linked to waste management, for which no evidence is provided.