Equiniti

Equiniti's commitment to climate action is underpinned by ambitious reduction targets and transparent emissions reporting. For the fiscal year 2023, the company reported a total of approximately 6.4 million kg CO2e across Scope 1, 2, and 3 emissions. This breaks down into approximately 986,000 kg CO2e for Scope 1, approximately 2 million kg CO2e for Scope 2, and approximately 3.4 million kg CO2e for Scope 3. Key contributors to their Scope 3 emissions in 2023 included business travel at approximately 1.1 million kg CO2e and employee commute at about 1.6 million kg CO2e.

Looking at previous years, Equiniti reported approximately 6.1 million kg CO2e in 2022 and approximately 2.8 million kg CO2e in 2021. In 2020, total emissions were around 1.7 million kg CO2e, with Scope 2 accounting for approximately 1.3 million kg CO2e and Scope 3 (business travel) at about 366,000 kg CO2e. Emissions in 2019 were approximately 6.3 million kg CO2e, comprising about 480,000 kg CO2e of Scope 1, approximately 1.9 million kg CO2e of Scope 2, and roughly 3.9 million kg CO2e of Scope 3.

Equiniti has established significant climate targets. The company is committed to reaching net-zero greenhouse gas emissions across its value chain by 2040. In line with a 1.5°C pathway, Equiniti Group commits to reducing absolute Scope 1, 2, and 3 GHG emissions by 49% by 2029, using a 2019 baseline year. Furthermore, they aim for a substantial reduction of 90% in absolute Scope 1, 2, and 3 GHG emissions by 2040, also from a 2019 baseline. These targets were set and validated under the Science Based Targets initiative (SBTi).