Broadridge Financial Solutions, Inc., commonly referred to as Broadridge, is a leading provider of technology-driven solutions for the financial services industry. Headquartered in the United States, Broadridge operates extensively across North America, Europe, and Asia, serving a diverse clientele that includes banks, broker-dealers, and asset managers. Founded in 1962, the company has achieved significant milestones, including its spin-off from Automatic Data Processing in 2007. Broadridge's core offerings encompass investor communications, securities processing, and governance solutions, distinguished by their innovative technology and commitment to enhancing operational efficiency. With a strong market position, Broadridge has been recognised for its contributions to the industry, including its role in advancing digital transformation and regulatory compliance. As a trusted partner, Broadridge continues to shape the future of financial services through its comprehensive suite of services.
How does Broadridge's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Broadridge's score of 94 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Broadridge Financial Solutions reported significant carbon emissions, with Scope 1 emissions totalling approximately 11,570,155 kg CO2e and Scope 2 emissions at about 35,196,558 kg CO2e in the US. The company has set ambitious climate commitments, aiming for a 54.6% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2033, using 2023 as the base year. By 2050, Broadridge targets a 90% reduction in these emissions and a similar 90% reduction in Scope 3 emissions from key categories. Broadridge is also committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050. The company plans to reference a minimum reduction rate of 4.2% per year over the next five years, aligning with the Science Based Targets initiative (SBTi). This comprehensive strategy reflects Broadridge's dedication to sustainability and its proactive approach to addressing climate change.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Broadridge is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.