Honoring our environment
Reducing our impact
TradeStation’s environmental footprint has been positively impacted by decisions we’ve made, including reducing our office square footage, maintaining energy-efficient facilities and data centers, and our ongoing efforts to reduce waste. We service our customers entirely online, with no need to maintain client-facing branches. Our culture is also one that effectively fosters virtual collaboration, reducing the need for business travel for internal and external meetings.
Our energy conservation efforts start with our facilities. All our buildings are leased, with our Chicago office being our first LEED certified facility. However, we still do have some control over the “green” features of these buildings. For example, our headquarters feature green technologies including lighting control systems incorporating LED technology and other energy management systems, as well as recycling programs.
In 2020, we shifted to a semi-remote work environment in response to the global pandemic. We have since listened to our employees who have said they prefer to have a remote working option. For this reason, we have adopted a hybrid model, and 79% of our employees continue to work remotely in some capacity. Not only does this give them more flexibility, but it also helps to downsize our physical office footprint, lowering our total energy costs, as well as our total carbon footprint. Remote working also reduces emissions since fewer employees are commuting to work.
Our data centers are managed externally by third-party providers which are continually employing new technologies and increasing their use of renewable energy sources. Energy usage from our non-cloud data centers is 100% offset by renewable energy wind credits (latest report as of 2020). In addition, two other of our primary cloud providers, AWS and Azure, are working towards powering their operations with 100% renewable energy.
We believe that the potential impacts from climate change may have an overall low risk to our business. Nevertheless, we take steps such as regulatorily compliant business continuity planning to prepare for extreme weather events and other natural disasters that may impact our offices or data centers.