Factset Sustainability Profile
FactSet Research Systems Inc., commonly known as FactSet, is a leading provider of financial data and analytics headquartered in the United States. Founded in 1978, the company has established a strong presence in major operational regions, including North America, Europe, and Asia-Pacific. Operating within the financial services industry, FactSet offers a comprehensive suite of products and services, including data feeds, analytics, and portfolio management solutions. Its unique integration of data and technology empowers investment professionals to make informed decisions. With a reputation for innovation, FactSet has achieved notable milestones, such as the introduction of its cloud-based platform, enhancing accessibility and collaboration. The company consistently ranks among the top providers in the financial analytics space, recognised for its commitment to quality and customer service.
DitchCarbon Score
How does Factset'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 Computer Services 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
Factset's score of 67 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Factset's reported carbon emissions
In 2024, FactSet Research Systems Inc. reported total carbon emissions of approximately 54,950,000 kg CO2e, comprising 2,652,000 kg CO2e from Scope 1, 2,743,000 kg CO2e from Scope 2 (market-based), and significant contributions from Scope 3 emissions, including 62,756,000 kg CO2e from purchased goods and services. FactSet has set ambitious climate commitments, aiming to achieve net-zero emissions for Scope 1 and 2 by 2040. Additionally, the company has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 45% by the fiscal year 2030, using fiscal 2023 as the baseline. This target aligns with the Science Based Targets initiative (SBTi) and includes a commitment to reduce absolute Scope 3 emissions by 25% within the same timeframe. The company's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. FactSet's proactive approach to climate action reflects its commitment to sustainability within the software and services sector, positioning it as a responsible corporate entity in the face of climate change.
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| 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,796,030 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,400,260 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000 | 00,000,000 |
How Carbon Intensive is Factset's Industry?
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Factset's Scope 3 Categories Breakdown
Factset's Scope 3 emissions, which decreased by 4% last year and decreased by approximately 4% since 2023, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 83% of Scope 3 emissions.
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Factset'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.
Factset 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 Factset's sustainability data and climate commitments
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