Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

Bottom quartile

better than 0% of peers

best 2.88n=16 peersworst 164

Operational intensity

Carbon / $m OpEx

128tCO2e / $m

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

Bottom quartile

better than 0% of peers

best 4.80n=15 peersworst 479

Economic intensity

Carbon / $m EVIC

—tCO2e / $m

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

—

Asset intensity

Carbon / $m PP&E + leased

—tCO2e / $m

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

—

Workforce intensity

Carbon / FTE

0.31tCO2e / FTE

Carbon per FTE (full-time-equivalent employee) — the diagnostic measure for people-leveraged businesses where headcount, not capital, drives delivery. Captures the office, energy and travel footprint per person.

Below median

better than 37% of peers

best 0.01n=19 peersworst 5.66

Climate action evidence

6 records · 1 source

Carbon credits retired

52,000 tCO2e

6 retirements · FYNaN–NaN · third-party verified

By credit quality

Avoidance / reductions43,000 tCO2e(83%)
Unclassified9,000 tCO2e(17%)

Retirement records(top 6 by volume of 6)

2013-07-01 Forest Management to reduce deforestation and degradation in Shipibo Conibo and Cacataibo Indigenous communities of Ucayali region · verra25,608 tCO2e
2019 African Biogas Carbon Programme (ABC) - Kenya - VPA001 · gold_standard9,000 tCO2e
2017-07-01 Forest Management to reduce deforestation and degradation in Shipibo Conibo and Cacataibo Indigenous communities of Ucayali region · verra7,805 tCO2e
2018-07-01 Forest Management to reduce deforestation and degradation in Shipibo Conibo and Cacataibo Indigenous communities of Ucayali region · verra3,740 tCO2e
2022 African Biogas Carbon Programme (ABC) - Kenya - VPA006 · gold_standard3,215 tCO2e
2019-07-01 Forest Management to reduce deforestation and degradation in Shipibo Conibo and Cacataibo Indigenous communities of Ucayali region · verra2,632 tCO2e

Renewable electricity

99 %

Self-reported renewable electricity share, FY2023

Sources

· berkeley_voluntary_registry

Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

Targets

Near-term

2 targets

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2Absolute	2019	2029	−71%	1.5°C	−60.3% reductionof −71% target · 85% there	On track
Scope 3Absolute	2019	2029	−45%		−0.0% reductionof −45% target · 0% there	Off track

Long-term

2 targets

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2Absolute	2019	2035	−90%	1.5°C	−60.3% reductionof −90% target · 67% there	On track
Scope 3Absolute	2019	2035	−90%		−0.0% reductionof −90% target · 0% there	Off track

Net zero

1 target

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2 + 3	2019	2035	—	1.5°C	absolute-value target	—

⚠ Some targets show progress vs the earliest extracted year as a baseline approximation. The real base-year value will be used once historical reports are extracted.

Progress · absolute tCO2e

Scope 1 + 2 trajectory vs target

Scope 1 + 2 · 71% by 2029 · 1.5°C

ActualLinear1.5°C

Scope 3 trajectory vs target

Scope 3 · 45% by 2029

ActualLinear1.5°C

Latest news· last 5 of 41

full news log →

Targets tightened: Scope 1+2 reduction raised from 70% to 71%, target year extended for greater ambition
Previous targets (set 2021) were 45% Scope 1+2 by 2025 and 35% Scope 3 business travel by 2025. New targets (Nov 2023, resubmitted Jan 2024) are 71% Scope 1+2 by 2029, 45% Scope 3 (full categories) by 2029, and 90% reduction (net zero) by 2035. Significantly broader Scope 3 coverage and more ambitious overall.
2023
Improved methodology for Scope 3 Cat 1 (purchased goods & services)
Switched from high-level extrapolation of spend categorization to more granular spend-to-EEIO emission factor mapping using EPA EEIO v1.2; for ~10% of emissions, now using primary supplier data via CDP Supply Chain. Resulted in significant decrease vs. previously reported numbers.
2023
Updated business travel emission factors to Well-To-Wheel basis
Updated emission factors for Scope 3 categories 6 and 7 to Well-To-Wheel (adding indirect fuel production emissions) to align with SBTi guidance. Applied retroactively to all years including 2019 baseline. Resulted in ~16% uplift on average (air travel +12%, other subcategories +25%).
2023
Added Scope 3 Category 4 (Upstream Transportation & Distribution)
For 2023 footprint, added Scope 3 Category 4 to inventory for the first time. Included in all years since 2019 baseline. Also included 2022 acquisitions for full year 2023 and in baseline.
2023
100% EV fleet transition target by 2030
Internal target set for 100% transition of company fleet to electric vehicles by 2030. As of 2023 reporting, ~23% transitioned. Major lever for Scope 1 reduction.
2023