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.
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.
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?
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.
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.
| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2Absolute | 2019 | 2030 | −90% | 1.5°C | 38.8% reduction achieved vs 90% target (43% of the way there). Linear pace expects 40.9% by now. −38.8% reductionof −90% target · 43% there | Off track |
| Scope 3Absolute | 2019 | 2030 | −50% | 0.0% reduction achieved vs 50% target (0% of the way there). Linear pace expects 22.9% by now. −0.0% reductionof −50% target · 0% there | Off track |
| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2Absolute | 2019 | 2050 | −90% | 1.5°C | 38.8% reduction achieved vs 90% target (43% of the way there). Linear pace expects 14.5% by now. −38.8% reductionof −90% target · 43% there | On track |
| Scope 3Absolute | 2019 | 2050 | −90% | 0.0% reduction achieved vs 90% target (0% of the way there). Linear pace expects 14.5% by now. −0.0% reductionof −90% target · 0% there | Off track |
| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2 + 3 | 2019 | 2050 | — | 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.
