Edelman

Edelman's reported carbon emissions

Edelman, headquartered in the US and operating within the "Other business services (74)" industry, has established a comprehensive set of climate commitments, including ambitious reduction targets aligned with the Science Based Targets initiative (SBTi). For the reporting year 2024, Edelman reported a total of approximately 62.5 million kg CO2e. This breaks down into approximately 1.4 million kg CO2e for Scope 1, approximately 1.7 million kg CO2e for Scope 2, and approximately 61.1 million kg CO2e for Scope 3. Looking at historical data, total emissions in 2023 were approximately 150.6 million kg CO2e, approximately 131.1 million kg CO2e in 2022, approximately 188.0 million kg CO2e in 2021, and approximately 156.6 million kg CO2e in 2020. Edelman has committed to several key climate targets: * **Net-Zero by 2040:** The company has submitted a long-term emissions reduction target to SBTi aiming for net-zero GHG emissions across its value chain by 2040, using 2019 as a baseline year. This includes a commitment to reduce absolute Scope 1 and Scope 2 GHG emissions by 90% and Scope 3 GHG emissions by 90% by 2040. * **Near-Term Targets (by 2030):** Edelman aims to reduce absolute Scope 1 and 2 GHG emissions by 80% and Scope 3 emissions by 55%, using 2019 as a baseline. Specifically, the company commits to reducing absolute Scope 1 emissions by 80% and absolute Scope 2 emissions by 80% by 2030. For Scope 3, emissions from purchased goods and services, fuel and energy related activities, upstream transportation and distribution, business travel, and investments are targeted for a 55% reduction by 2030. These emissions data and reduction targets are inherited from its parent organisation, Daniel J. Edelman, Inc., as Edelman operates as a current subsidiary.