Forvis Mazars, LLP Sustainability Profile
Forvis Mazars, LLP, headquartered in the United States, is a prominent player in the accounting and consulting industry, specialising in audit, tax, and advisory services. Established in 2022 through the merger of Forvis and Mazars USA, the firm has quickly positioned itself as a trusted partner for businesses across various sectors, including healthcare, financial services, and technology. With a strong presence in major operational regions across the US, Forvis Mazars offers a unique blend of local expertise and global reach, ensuring tailored solutions for its clients. The firm is recognised for its commitment to innovation and quality, leveraging advanced technology to enhance service delivery. As a member of the Mazars Group, Forvis Mazars benefits from a vast international network, further solidifying its market position and reputation for excellence in the industry.
DitchCarbon Score
How does Forvis Mazars, LLP'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 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
Forvis Mazars, LLP's score of 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Forvis Mazars, LLP's reported carbon emissions
In 2023, Forvis Mazars, LLP reported total carbon emissions of approximately 117,638,000 kg CO2e. This figure includes Scope 1 emissions of about 4,281,000 kg CO2e, Scope 2 emissions of approximately 7,418,000 kg CO2e, and significant Scope 3 emissions totalling around 104,980,000 kg CO2e. The Scope 3 emissions are primarily driven by categories such as purchased goods and services (about 45,332,000 kg CO2e), employee commute (approximately 22,534,000 kg CO2e), and business travel (around 22,181,000 kg CO2e). Comparatively, in 2022, the firm’s total emissions were about 90,900,000 kg CO2e, indicating a substantial increase in emissions year-on-year. The breakdown for 2022 shows Scope 1 emissions at approximately 3,929,000 kg CO2e, Scope 2 emissions at around 6,570,000 kg CO2e, and Scope 3 emissions at about 76,882,000 kg CO2e. Forvis Mazars has set ambitious reduction targets, aiming to decrease its Scope 1 emissions by 30% by 2030 from a 2022 baseline and to reduce Scope 2 emissions by 25% by the same year. These commitments reflect the firm's proactive approach to addressing climate change and reducing its carbon footprint. The emissions data is cascaded from the parent company, Forvis Mazars, LLP, and is indicative of the firm's commitment to sustainability within its operational framework.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 3,929,000 | 0,000,000 |
| Scope 2 | 151,000 | 0,000 |
| Scope 3 | 76,882,000 | 000,000,000 |
How Carbon Intensive is Forvis Mazars, LLP's Industry?
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Forvis Mazars, LLP's Scope 3 Categories Breakdown
Forvis Mazars, LLP's Scope 3 emissions, which increased by 37% last year and increased by approximately 37% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 43% of Scope 3 emissions.
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Forvis Mazars, LLP'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.
Forvis Mazars, LLP has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
