Broadridge Sustainability Profile
Broadridge Financial Solutions, Inc., commonly referred to as Broadridge, is a leading provider of technology-driven solutions for the financial services industry. Headquartered in the United States, Broadridge operates extensively across North America, Europe, and Asia, serving a diverse clientele that includes banks, broker-dealers, and asset managers. Founded in 1962, the company has achieved significant milestones, including its spin-off from Automatic Data Processing in 2007. Broadridge's core offerings encompass investor communications, securities processing, and governance solutions, distinguished by their innovative technology and commitment to enhancing operational efficiency. With a strong market position, Broadridge has been recognised for its contributions to the industry, including its role in advancing digital transformation and regulatory compliance. As a trusted partner, Broadridge continues to shape the future of financial services through its comprehensive suite of services.
DitchCarbon Score
How does Broadridge'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 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.
Industry Benchmark
Broadridge's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Broadridge's reported carbon emissions
In 2024, Broadridge Financial Solutions, Inc. reported total greenhouse gas emissions of approximately 53.1 million kg CO2e, comprising 12,150,000 kg CO2e from Scope 1 and approximately 40,951,000 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data for this year. Broadridge has set ambitious climate commitments, aiming for a 15% reduction in absolute Scope 1 and 2 GHG emissions from a 2019 baseline by 2025. Furthermore, the company has committed to a significant long-term goal of achieving net-zero GHG emissions across its entire value chain by 2050. This includes a target to reduce absolute Scope 1 and 2 emissions by 54.6% by 2033 and by 90% by 2050, both compared to a 2023 base year. Additionally, Broadridge aims to reduce Scope 3 emissions from key categories by 90% by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Broadridge's commitment to sustainable practices within the software and services sector. The company is also focused on ensuring that 78.6% of its suppliers have science-based targets by 2028, further enhancing its sustainability efforts.
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| 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 11,856,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 61,432,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | - | 00,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Broadridge's Industry?
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Broadridge's Scope 3 Categories Breakdown
Broadridge's Scope 3 emissions, which decreased by 9% last year and increased by approximately 672% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 51% of Scope 3 emissions.
Top Scope 3 Categories
Broadridge's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Broadridge has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Broadridge's sustainability data and climate commitments