Equiniti Sustainability Profile
Equiniti Group plc, commonly known as Equiniti, is a leading provider of technology-driven solutions in the financial services sector. Headquartered in Great Britain, the company operates extensively across the UK and North America, specialising in shareholder services, employee benefits, and pension administration. Founded in 2007, Equiniti has achieved significant milestones, including the acquisition of several key businesses that have expanded its service offerings. Equiniti's core products include share registration, corporate governance, and digital solutions that enhance client engagement and operational efficiency. What sets Equiniti apart is its commitment to innovation and customer-centric services, positioning it as a trusted partner for businesses navigating complex financial landscapes. With a strong market presence and a reputation for excellence, Equiniti continues to lead the way in transforming financial services through technology.
DitchCarbon Score
How does Equiniti'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.
Industry Average
Mean score of companies in the Services Auxiliary to 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.
Industry Benchmark
Equiniti's score of 55 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Equiniti's reported carbon emissions
In 2023, Equiniti Group Limited reported total carbon emissions of approximately 6,355,000 kg CO2e. This includes 986,000 kg CO2e from Scope 1 emissions, 2,002,000 kg CO2e from Scope 2 emissions, and 3,367,000 kg CO2e from Scope 3 emissions, which encompasses significant contributions from business travel (1,104,000 kg CO2e) and employee commuting (1,628,000 kg CO2e). Equiniti has set ambitious climate commitments, aiming to reduce absolute greenhouse gas emissions by 90% across all scopes by 2040, using 2019 as the baseline year. Additionally, they have established near-term targets to achieve a 49% reduction in Scope 1, Scope 2, and Scope 3 emissions by 2029. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified under the 1.5°C pathway, indicating a commitment to limiting global warming. Furthermore, Equiniti is committed to reaching net-zero emissions across its value chain by 2040. This comprehensive approach reflects their dedication to addressing climate change and reducing their environmental impact.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 000,000 | - | 000,000 | 0,000,000 | 000,000 |
| Scope 2 | 5,011,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,188,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Equiniti's Industry?
How Carbon Intensive is Equiniti's Location?
Equiniti's Scope 3 Categories Breakdown
Equiniti's Scope 3 emissions, which increased by 13% last year and increased by approximately 183% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 53% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 48% of Scope 3 emissions.
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Equiniti's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Equiniti has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Equiniti's sustainability data and climate commitments