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 88 is higher than 93% 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 significant carbon emissions from its operations in the United States, with Scope 1 emissions totalling approximately 11,570,155 kg CO2e and Scope 2 emissions amounting to about 35,196,558 kg CO2e (market-based). This data highlights the company's substantial carbon footprint, which is part of a broader commitment to sustainability. Broadridge has set ambitious targets to reduce its greenhouse gas emissions. By 2033, the company aims to achieve a 54.6% reduction in absolute Scope 1 and 2 emissions compared to its 2023 baseline. Furthermore, by 2050, Broadridge is committed to a 90% reduction in both Scope 1 and 2 emissions, as well as a 90% reduction in key categories of Scope 3 emissions. The company has also pledged to reach net-zero emissions across its entire value chain by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Broadridge's commitment to addressing climate change through measurable and science-based strategies. The company is actively working to ensure that 78.6% of its suppliers by emissions will have science-based targets by 2028, further enhancing its sustainability efforts. Overall, Broadridge's climate commitments demonstrate a proactive approach to reducing its carbon emissions and contributing to global climate goals.
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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?
How Carbon Intensive is Broadridge's Location?
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.
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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