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.

Below median

better than 35% of peers

best 7.74n=12 peersworst 35.5

Operational intensity

Carbon / $m OpEx

29.2tCO2e / $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.

Above median

better than 50% of peers

best 8.23n=12 peersworst 51.0

Economic intensity

Carbon / $m EVIC

11.9tCO2e / $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?

Bottom quartile

better than 21% of peers

best 2.95n=6 peersworst 16.2

Asset intensity

Carbon / $m PP&E + leased

228tCO2e / $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.

Below median

better than 42% of peers

best 31.2n=12 peersworst 1.3k

Workforce intensity

Carbon / FTE

0.20tCO2e / 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 40% of peers

best 0.02n=15 peersworst 0.41

Climate action evidence

13 records · 2 sources

Carbon credits retired

3,382 tCO2e

12 retirements · FY2016–2020 · third-party verified

By credit quality

Avoidance / reductions3,382 tCO2e(100%)

Retirement records(top 8 by volume of 12)

2016 The Envira Amazonia Project - A Tropical Forest Conservation Project in Acre, Brazil · verra1,130 tCO2esource ↗
2018 Katingan Peatland Restoration and Conservation Project · verra621 tCO2esource ↗
2017 The Envira Amazonia Project - A Tropical Forest Conservation Project in Acre, Brazil · verra621 tCO2esource ↗
2018 Katingan Peatland Restoration and Conservation Project · verra416 tCO2esource ↗
2017 The Envira Amazonia Project - A Tropical Forest Conservation Project in Acre, Brazil · verra416 tCO2esource ↗
2016 The Envira Amazonia Project - A Tropical Forest Conservation Project in Acre, Brazil · verra140 tCO2esource ↗
2020 11.35 MW bundled renewable energy based power generation by Interocean Group · gold-standard10 tCO2esource ↗
2020 11.35 MW bundled renewable energy based power generation by Interocean Group · gold-standard8 tCO2esource ↗

+ 4 more retirements not shown

Renewable electricity

46 %

Self-reported renewable electricity share, FY2024

RE100 member

Joined 2022 · target 2026

Sources

· CarbonPlan OffsetsDB
· RE100

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

Targets

Near-term

3 targets

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2Absolute	2019	2030	−77%	1.5°C	−38.7% reductionof −77% target · 50% there	On track
Scope 1 + 2 + 3Absolute	2019	2030	−77%	In corporate strategy	−12.0% reductionof −77% target · 16% there	Off track
Scope 3Absolute	2019	2030	−47%		−5.3% reductionof −47% target · 11% there	Off track

Long-term

1 target

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2 + 3Absolute	2019	2040	−90%	1.5°C	−12.0% reductionof −90% target · 13% there	Off track

Net zero

1 target

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2 + 3Absolute	2019	2040	−90%	In corporate strategy	−12.0% reductionof −90% target · 13% there	Off track

⚠ 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 · 77% by 2030 · 1.5°C

ActualLinear1.5°C

Scope 3 trajectory vs target

Scope 3 · 47% by 2030

ActualLinear1.5°C

Latest news· last 5 of 16

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Limited third-party assurance by PwC across Scope 1, 2, 3
PwC provided limited assurance under AICPA AT-C 105 attestation standards for Scope 1, Scope 2 (location and market) and all reported Scope 3 categories for fiscal years 2019–2024.
2024
52% absolute emissions reduction vs 2019 baseline achieved
In 2024, Cognizant's total emissions decreased by 52% compared to its 2019 baseline year — already exceeding the SBTi 2030 50% absolute reduction milestone six years early. Major drivers: renewable electricity sourcing, HVAC efficiency upgrades, AI-based chiller automation pilot, supplier engagement (53% of top 150 suppliers have set SBTs), and reduced business travel.
2024
100% renewable electricity by 2026 (RE100 commitment)
Committed to achieving 100% renewable electricity sourcing by 2026. India consumption reached 52% renewable in 2023, up from 44% in 2022.
2023
Third-party limited assurance by PwC across Scope 1, 2, and 3
PwC provided limited assurance on 100% of reported Scope 1, 2 (location and market), and Scope 3 emissions per AICPA AT-C 105 standards.
2023
Supplier engagement target on science-based targets
Committed to engaging 90% of top 150 suppliers (representing 72% of supplier-generated emissions) to set science-based targets by 2026. 39% had met expectation in 2023, up from 18% in 2022.
2023