HFS Research, headquartered in the United States, is a leading global research and advisory firm specialising in digital transformation and business process services. Founded in 2010, the company has established itself as a trusted source of insights for enterprises navigating the complexities of the digital landscape. With a focus on key areas such as automation, artificial intelligence, and cloud services, HFS Research offers unique frameworks and methodologies that empower organisations to enhance operational efficiency and drive innovation. The firm is renowned for its comprehensive market analysis and thought leadership, positioning it as a pivotal player in the industry. Notable achievements include its influential HFS Blueprint reports, which provide in-depth evaluations of service providers, helping clients make informed decisions. HFS Research continues to shape the future of business through its commitment to delivering actionable insights and fostering collaboration across the digital ecosystem.
How does HFS Research'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 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.
HFS Research's score of 41 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, HFS Research reported total carbon emissions of approximately 69,890 kg CO2e, comprising Scope 1 emissions of about 4,250 kg CO2e, Scope 2 emissions of approximately 51,420 kg CO2e (market-based), and Scope 3 emissions totalling about 60,220 kg CO2e. Within Scope 3, significant contributors included business travel (about 21,100 kg CO2e) and fuel and energy-related activities (approximately 28,660 kg CO2e). HFS Research is committed to long-term climate initiatives, including participation in the UN-convened Net-Zero Banking Alliance, which aims to align lending and investment portfolios with net-zero emissions by 2050. This commitment reflects a broader industry trend towards sustainability and climate neutrality. Additionally, HFS Research has set near-term targets for carbon neutrality, particularly for Scope 2 emissions, with a commitment to achieving this by 2030. The organisation's climate strategy is not cascaded from a parent company, indicating an independent approach to its emissions reduction and sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 4,250 |
Scope 2 | 51,420 |
Scope 3 | 60,220 |
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.
HFS Research is not participating in any of the initiatives that 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.