Epam

Epam's reported carbon emissions

EPAM Systems, a US-based company in the Computer and related services industry, reported total greenhouse gas emissions of approximately 19.4 million kg CO2e for the year 2024. This figure encompasses Scope 1, 2, and 3 emissions. **Emissions Breakdown for 2024:** * **Scope 1:** Approximately 289,000 kg CO2e, primarily from stationary and mobile combustion. * **Scope 2 (Market-based):** Approximately 3.88 million kg CO2e from purchased heat, cooling, and electricity. * **Scope 3:** Approximately 15.25 million kg CO2e, with significant contributions from business travel (approximately 6.33 million kg CO2e), purchased goods and services (approximately 2.70 million kg CO2e), and employee commute (approximately 2.95 million kg CO2e). **Climate Commitments and Targets:** EPAM Systems has made significant climate commitments: * **Net Zero:** The company has pledged to achieve Net Zero emissions across its operations by 2050. * **Near-Term Reductions:** EPAM Systems commits to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by 2030, using a 2023 base year. They also aim to reduce absolute Scope 3 GHG emissions from business travel and employee commuting by 25% by 2030, also from a 2023 base year. * **Science-Based Targets:** EPAM Systems is committed to reducing absolute Scope 1 and 2 GHG emissions by 46.4% by 2030, with a 2021 base year. They also aim for a 25% reduction in absolute Scope 3 GHG emissions from business travel and employee commuting within the same timeframe. Furthermore, EPAM Systems commits to ensuring that by 2028, 82% of its suppliers by spend, covering purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets. * **Long-Term Reductions:** EPAM Systems has set a target to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2023 base year, with a corresponding 90% reduction in absolute Scope 3 GHG emissions within the same timeframe. These commitments indicate a strategic approach to emissions management and a clear pathway towards decarbonisation across EPAM's value chain.