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Havas

Marketing Services
HAV (EPA)·Paris·FR
Verified credentials
Company website
Decarbonisation trajectory · all scopes
Scope 1 + 2· base 2023 · 7k tCO2eScope 3· base 2023 · 28k tCO2e

No targets available; showing actuals against baseline.

Headline intensities

Reporting year 2025·Values in USD ($)· normalised from EUR at FY2025 avg rate
Peer cohort: Marketing Services · lower is better
Revenue intensity
Carbon / $m revenue
27.3tCO2e / $m

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.

no peer comparison yet
Operational intensity
Carbon / $m OpEx
149tCO2e / $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.

no peer comparison yet
Economic intensity
Carbon / $m EVIC
32.3tCO2e / $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?

no peer comparison yet
Asset intensity
Carbon / $m PP&E + leased
186tCO2e / $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.

no peer comparison yet
Workforce intensity
Carbon / FTE
0.21tCO2e / 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.

Bottom quartile
better than 24% of peers
best 0.10n=2 peersworst 0.21

Climate action evidence

1 record · 1 source
Carbon credits retired
2 tCO2e
1 retirement · FYNaN–NaN · third-party verified
By credit quality
  • Avoidance / reductions2 tCO2e(100%)
Retirement records(top 1 by volume of 1)
  • 2011-01-01 Cikel Brazilian Amazon REDD APD Project Avoiding Planned Deforestation · verra2 tCO2e
Renewable electricity
86 %
Self-reported renewable electricity share, FY2025
Sources
  • · berkeley_voluntary_registry
Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

Progress · absolute tCO2e

Scope 1 + 2 trajectory
ActualLinear1.5°C

No target available for this scope.

Scope 3 trajectory
ActualLinear1.5°C

No target available for this scope.

Latest news· last 5 of 26

full news log →
  • Recommitment to SBTi following spin-off; targets being reassessed

    Following the spin-off from Vivendi in December 2024, Havas committed in 2025 to the Science-Based Targets initiative (SBTi) on its own behalf. The Group is refining the SBTi-approved carbon emission targets previously set by Vivendi to reflect Havas' new standalone status. Key targets include reducing Scope 1 and 2 emissions by 2035, 100% renewable electricity by 2030, reduction in operational Scope 3 emissions by 2035, and supplier alignment with decarbonization pathway by 2026.

    2025
  • Mid-term guidance for 2028 set

    Havas set mid-term financial guidance for 2028: adjusted EBIT margin of 14%-15% and pay-out ratio around 40%. 2025 expectations: net revenue organic growth above +2%, adjusted EBIT margin 12.5%-13.5%.

    2025
  • Climate targets to be reassessed with new base year

    Existing climate targets (set with 2018 base year) will be reassessed using a new base year following independence from Vivendi. Direction unclear until new submission.

    2025
  • 2025 acquisitions: CA Sports, Channel Bakers, Don

    In Jan-Feb 2025 Havas acquired CA Sports (Spain), Channel Bakers (North America) and Don (Argentina/Mexico) to strengthen sports marketing, e-commerce/retail media and creative capabilities in LATAM.

    2025
  • Recommitted to Science Based Targets initiative (SBTi)

    Following spin-off from Vivendi, Havas reaffirmed commitment to SBTi and is preparing a new submission of climate targets. Existing 2018-baseline targets will be reassessed with new base year.

    2025

Latest reporting year· 2 earlier years on Data-by-year tab

all years + ratios →

2025

reporting year
Financials
Revenue2.91BEUR
OpEx534.00MEUR
FTE23.0kheadcount
Market cap (FY-end)1.80BEUR
Climate
Scope 12.6ktCO2e
Scope 2 (market)2.1ktCO2e
Scope 2 (location)6.1ktCO2e
Scope 3 total82.1ktCO2e
Scope 3 breakdown
Cat 1 · Purchased goods50.2ktCO2e
Cat 6 · Business travel10.4ktCO2e
Cat 7 · Employee commuting13.5ktCO2e
Energy
Renewable energy %86.0%

Source documents· FY2026· 2 earlier docs on Data-by-year tab

all documents →
annual report2026
via jina search · 3.2 MB
extractedOPEN PDF ↗
sustainability report2026
via jina search · 3.3 MB
extractedOPEN PDF ↗