Raymond James

Raymond James's carbon emissions in 2022 were approximately 39.7 million kg CO2e. This total comprises about 392,000 kg CO2e from Scope 1 emissions, which include mobile combustion (55,000 kg CO2e), fugitive emissions (118,000 kg CO2e), and stationary combustion (219,000 kg CO2e). Scope 2 emissions, primarily from purchased electricity, amounted to about 39.3 million kg CO2e (market-based), with purchased heat accounting for approximately 4.8 million kg CO2e.

Looking back to 2021, Raymond James's Scope 1 emissions were higher at approximately 967,000 kg CO2e, including mobile combustion (46,000 kg CO2e), fugitive emissions (103,000 kg CO2e), and stationary combustion (744,000 kg CO2e). Their Scope 2 emissions in 2021 were about 40.9 million kg CO2e (market-based), with purchased heat contributing approximately 4.8 million kg CO2e. There is no Scope 3 emissions data available for either year.

Raymond James has set near-term Science Based Targets initiative (SBTi) commitments to reduce absolute Scope 1 and 2 GHG emissions by 42.0% by 2030, using a 2024 base year. Additionally, they aim to reduce Scope 3 GHG emissions from purchased goods and services and processing of sold products by 51.6% per CNY value added within the same timeframe. These targets are consistent with reductions required to keep global warming to 1.5°C.