Paychex
Paychex, Inc., a leading provider of payroll, human resources, and benefits outsourcing solutions, is headquartered in the United States. Founded in 1971, the company has established itself as a key player in the HR and payroll industry, serving small to medium-sized businesses across various operational regions, including the US and parts of Europe. With a comprehensive suite of services, including payroll processing, employee benefits administration, and HR compliance support, Paychex stands out for its user-friendly technology and personalised service. The company has achieved significant milestones, such as being recognised for its innovative solutions and commitment to customer satisfaction. As a trusted partner for over 700,000 businesses, Paychex continues to enhance its market position through strategic advancements and a focus on delivering exceptional value to its clients.
DitchCarbon Score
How does Paychex'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 Business 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
Paychex's score of 57 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Paychex's reported carbon emissions
In 2023, Paychex reported total carbon emissions of approximately 2,289,849 kg CO2e for Scope 1 and 3,746,634 kg CO2e for Scope 2. The company also disclosed significant Scope 3 emissions, including 2,426,353 kg CO2e from business travel and 3,383,334 kg CO2e from employee commuting. Over the years, Paychex has demonstrated a commitment to reducing its carbon footprint. In 2022, the company achieved Scope 1 emissions of about 2,750,535 kg CO2e and Scope 2 emissions of approximately 3,814,342 kg CO2e. The trend shows a gradual reduction in Scope 1 emissions from 3,019,000 kg CO2e in 2018 to 2,289,849 kg CO2e in 2023. Despite these reductions, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The absence of documented reduction targets suggests that while Paychex is actively monitoring its emissions, it has not yet formalised specific goals for future reductions. Overall, Paychex's emissions data reflects a proactive approach to climate accountability, although further commitments could enhance its sustainability profile.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,019,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,493,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Paychex 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.
