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Paychex, Inc., commonly known as Paychex, is a prominent provider of comprehensive human capital management (HCM) solutions, headquartered in the US. Operating within the broader business services sector, Paychex specialises in streamlining essential operations for organisations.
Established in 1971, Paychex has grown into a leading force, offering a robust suite of services including payroll processing, human resources (HR) administration, employee benefits, and time and attendance tracking. Their integrated platform provides scalable solutions for businesses of all sizes.
Paychex's unique approach focuses on simplifying complex compliance and administrative tasks through innovative technology and dedicated support. This empowers countless companies to manage their workforce effectively, ensuring efficiency, accuracy, and compliance within the modern employment landscape.
+26 vs industry average
Paychex’s score of 62 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Paychex reported global Scope 1 emissions of approximately 2.17 million kg CO2e in 2025, with Scope 2 market-based emissions at about 3.75 million kg CO2e. Their 2025 Scope 3 emissions included approximately 2.6 million kg CO2e from business travel, 3.43 million kg CO2e from employee commute, 5.97 million kg CO2e from upstream leased assets, and 9.92 million kg CO2e from upstream transportation and distribution.
In 2024, Paychex's global Scope 1 emissions were approximately 2.35 million kg CO2e, and Scope 2 market-based emissions were about 4.53 million kg CO2e. Their 2024 Scope 3 emissions included around 2.11 million kg CO2e from business travel, 3.38 million kg CO2e from employee commute, 6.77 million kg CO2e from upstream leased assets, and 10.33 million kg CO2e from upstream transportation and distribution.
Looking further back, in 2019, Paychex's global Scope 1 emissions were approximately 3.24 million kg CO2e, and Scope 2 market-based emissions were about 4.87 million kg CO2e. Scope 3 emissions for 2019 included roughly 8.15 million kg CO2e from business travel, 42.73 million kg CO2e from employee commute, 16.64 million kg CO2e from upstream leased assets, and 25.83 million kg CO2e from upstream transportation and distribution.
Paychex has set an ambition to achieve Net-Zero GHG emissions by 2050. They established GHG emissions reduction targets for 2030 and 2040, using 2019 as the baseline year. These commitments cover all scopes of emissions.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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