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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.
+19 vs industry average
Paychex’s score of 55 is higher than 68% 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, a US-based company in the other business services industry, has set an ambition to achieve Net-Zero greenhouse gas emissions by 2050, with 2019 as the baseline year. The company also established GHG emissions reduction targets for 2030 and 2040.
In 2025, Paychex's reported Scope 1 emissions were approximately 2,353,189 kg CO2e, and Scope 2 (market-based) emissions were about 4,501,358 kg CO2e. Key Scope 3 emissions categories for 2025 included business travel at approximately 2,602,399 kg CO2e, employee commute at about 6,537,121 kg CO2e, upstream leased assets at approximately 5,967,860 kg CO2e, and upstream transportation and distribution at around 9,921,730 kg CO2e.
Looking at previous years:
Paychex also tracks year-over-year changes in energy consumption at a building level and plans to begin quarterly evaluations of energy consumption in FY25 to identify successful energy-saving initiatives for broader implementation. The company monitors individual equipment performance and investigates interval data to understand building operations throughout the day and seasonally.
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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