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.
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.
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.
Factset's score of 42 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, FactSet Research Systems Inc. reported total carbon emissions of approximately 13,445,000 kg CO2e, comprising 3,815,000 kg CO2e from Scope 1 and about 9,630,000 kg CO2e from Scope 2 emissions. Additionally, the company disclosed significant Scope 3 emissions, totalling approximately 62,687,000 kg CO2e, which includes categories such as purchased goods and services, employee commute, and business travel. FactSet has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 45% by FY2030, using FY2023 as the baseline year. Furthermore, the company is committed to a 25% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. Overall, FactSet's proactive approach to managing its carbon footprint reflects its commitment to sustainability and responsible corporate practices in the software and services sector.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 1,796,030 | 0,000,000 | 0,000,000 | 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 |
Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Factset is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.