RVBA-JACOConsulting

Jacobs — in detail

Full extracted data, every event in the company's history we've captured, and (soon) external news. The full ratios diagnostic with peer benchmarks lives at /ratios.

Reference sources (5/5)

Source documents
Recent disclosure
Multi-year metrics
Targets
Certifications

External news· 6 ESG-tagged · GDELT

tagged categories: climate · governance · controversy · M&A · regulatory

Source: GDELT 2.0 DOC API · ESG-keyword filtered · 3-month trailing window.

Data by year· every metric + key events per year

Each year shows the firm's reported metrics on the left and the most material events on the right. Up to 10 events per year; the full event log is one click further.

2025

integrated report ↗

Energy (kWh)

Renewable energy %

100%

P&L highlights (USD)

Headcount (FTE)	43,000people
Revenue	12B
Cost of revenue	(9B)
Gross profit	3B
Operating expenses (S&M + G&A)	(2.1B)
Operating income	863.6M
Net income	290.2M

Balance sheet highlights (USD)

Property, plant & equipment	426.5M
Right-of-use (leased) assets	303.9M
Total assets	11.3B
Total debt	2.2B
Cash & equivalents	1.2B
Minority interest	1B

Market & shares

Market cap (FY-end)	17.8B
Shares outstanding	120.1M

2024

sustainability report ↗cdp response ↗

Climate · carbon footprint (tCO2e)

Scope 1	15,342
Scope 2 (market-based)	1,735
Scope 3	71,883
Cat 6 · Business travel	50,695
Cat 7 · Employee commuting	17,131
Gross carbon footprint	88,960
Net carbon footprint	88,960

P&L highlights (USD)

Headcount (FTE)	45,000people
Revenue	11.5B
Cost of revenue	(8.7B)
Gross profit	2.8B
Operating expenses (S&M + G&A)	(2.1B)
Operating income	692.4M
Net income	806.1M

Balance sheet highlights (USD)

Property, plant & equipment	619.5M
Right-of-use (leased) assets	324.9M
Total assets	11.8B
Total debt	2.2B
Cash & equivalents	1.1B
Minority interest	838M

Market & shares

Market cap (FY-end)	16.1B
Shares outstanding	125.3M

Events 2024· 10

Announced spin-off of Critical Mission Solutions business

In November 2023, Jacobs entered into a definitive agreement to spin off and combine its Critical Mission Solutions (CMS) and portions of Divergent Solutions, including Cyber & Intelligence, in a Reverse Morris Trust transaction expected to close in FY24. Will likely require adjustments to reporting boundaries, baselines, and SLB targets.

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Ongoing double materiality assessment under ESRS

Jacobs is conducting a double materiality assessment in alignment with European Sustainability Reporting Standards (ESRS) requirements to align with evolving stakeholder objectives and reporting obligations.

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Separation of SpinCo Business (Amentum) spin-off and merger

On September 27, 2024, Jacobs completed the spin-off of its Critical Mission Solutions and Cyber & Intelligence government services businesses and merger with Amentum Parent Holdings to form Amentum Holdings, Inc. (NYSE: AMTM). All data in this report excludes the SpinCo Business.

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Added emissions from post-FY19 acquisitions to baseline

Emissions related to acquisitions completed since FY19 (previously deemed not significant) have been added to the recalculated baseline data, increasing transparency.

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FY19 recalculated baseline and FY24 data verified by LRQA (limited assurance)

FY19 (rebaselined) and FY24 GHG data have been third-party verified with limited assurance by LRQA. FY23 data has not undergone third-party verification and is provided in good faith for comparison only.

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FY19 Baseline rebaselined to remove SpinCo Business and reflect methodology improvements

Jacobs determined the Separation Transaction was a significant change and rebaselined FY19 to exclude SpinCo, add minor acquisitions made since FY19, and apply Advito GATE4 methodology to Scope 3 business travel, employee commuting and upstream fuel. New FY19 Baseline is 222,447 mtCO2e.

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FY19 (rebaselined) and FY24 verified by LRQA with limited assurance; FY23 unverified

FY19 recalculated baseline and FY24 data have limited assurance from LRQA. FY23 data (Jacobs without SpinCo) was not third-party verified and is provided only for year-over-year comparison.

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Acquisitions since FY19 added to recalculated baseline

Minor structural changes from acquisitions completed since FY19 were not individually significant but in connection with the Rebaseline, emissions related to these acquisitions were added to baseline data.

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FY19 Baseline rebaselined to exclude SpinCo and reflect methodology updates

Jacobs determined the Separation Transaction was a significant change and recalculated its FY19 Baseline. The Rebaseline removes SpinCo Business emissions, incorporates emissions from acquisitions since FY19, and applies the new GATE4 business travel methodology. New FY19 baseline is 222,447 mtCO2e.

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Spin-off of Critical Mission Solutions / Cyber & Intelligence (Amentum)

On September 27, 2024, Jacobs completed the spin-off of its Critical Mission Solutions and Cyber & Intelligence government services businesses (the SpinCo Business) and merger with Amentum Parent Holdings LLC, forming Amentum Holdings, Inc. Data in this report is presented without the SpinCo Business.

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2023

cdp response ↗

Climate · carbon footprint (tCO2e)

Scope 1	16,512
Scope 2 (market-based)	3,039
Scope 3	66,360
Cat 1 · Purchased goods	31,378
Cat 6 · Business travel	77,347
Cat 7 · Employee commuting	33,576
Cat 15 · Investments	787
Gross carbon footprint	85,911
Net carbon footprint	85,911

Energy (kWh)

Renewable energy %

100%

P&L highlights (USD)

Headcount (FTE)	60,000people
Revenue	10.9B
Cost of revenue	(8.1B)
Gross profit	2.7B
Operating expenses (S&M + G&A)	(2B)
Operating income	676.5M
Net income	665.8M

Balance sheet highlights (USD)

Property, plant & equipment	604.6M
Right-of-use (leased) assets	476.9M
Total assets	14.6B
Total debt	2.9B
Cash & equivalents	770.9M
Minority interest	686.8M

Market & shares

Market cap (FY-end)	14.3B
Shares outstanding	126.6M

Events 2023· 7

Sustainability-Linked Bond issued with 70% emissions reduction SPT by 2029

In February 2023, Jacobs issued $500M Sustainability-Linked Senior Notes due 2033. Interest rate tied to commitment to reduce absolute Scope 1, 2 and 3 (Business Travel, Employee Commuting, and Upstream Fuel only) GHG emissions by at least 70% by FY29 from FY19 baseline.

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Adopted Advito GATE4 ISO-certified business travel methodology

In 2023, Jacobs partnered with Advito to apply the ISO-certified GATE4 methodology including radiative forcing for air travel and well-to-wheel emissions. Applied retroactively to FY19 baseline and reflected in FY23 and FY24 Scope 3 (Business Travel, Employee Commuting, Upstream Fuel) data.

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Added vehicle air conditioning emissions to Scope 1 inventory

For FY23, Jacobs added vehicle air conditioning refrigerant emissions (previously excluded as de minimis) to Scope 1. Added 441 metric tonnes CO2e (~2.4% of total Scope 1+2 MB).

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LRQA limited assurance for FY23 GHG emissions

FY23 Scope 1, Scope 2 (location and market-based), and Scope 3 (Purchased goods and services, Fuel and energy-related activities, Business travel, Employee commuting) emissions verified to ISO 14064-3 limited assurance by LRQA.

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SPT1: 70% absolute GHG reduction by FY2029 vs FY19 baseline

Jacobs targets at least 70% reduction in absolute Scope 1, Scope 2, and selected Scope 3 (Business Travel, Employee Commuting, Upstream Fuel) emissions by fiscal year-end 2029 vs FY19 baseline of 222,447 mtCO2e (target: 66,734 mtCO2e). As of FY24, achieved 60% reduction.

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Adopted Advito GATE4 methodology for Scope 3 travel emissions

In 2023 Jacobs partnered with Advito to apply ISO-certified GATE4 business travel methodology, including radiative forcing for air travel and well-to-wheels emissions. Applied to FY19 baseline, FY23 and FY24 data. Improves accuracy of Scope 3 Business Travel, Employee Commuting and Upstream Fuel calculations.

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SPT1: 70% reduction in Scope 1+2+selected Scope 3 by FY2029 vs FY19

Jacobs SLB target: at least 70% reduction in absolute Scope 1, Scope 2, and selected Scope 3 (Business Travel, Employee Commuting, Upstream Fuel) GHG emissions by FY2029 vs FY19 baseline of 222,447 mtCO2e (target 66,734 mtCO2e). FY24 progress: -60%.

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2022

Climate · carbon footprint (tCO2e)

Scope 1	14,754
Scope 2 (market-based)	3,980
Scope 3	135,100
Cat 1 · Purchased goods	27,651
Cat 6 · Business travel	51,775
Cat 7 · Employee commuting	27,833
Cat 15 · Investments	24,389
Gross carbon footprint	153,834
Net carbon footprint	153,834

Energy (kWh)

Renewable energy %

100%

P&L highlights (USD)

Headcount (FTE)	60,000people
Revenue	9.8B
Cost of revenue	(7.2B)
Gross profit	2.6B
Operating expenses (S&M + G&A)	(2B)
Operating income	539.9M
Net income	644M

Balance sheet highlights (USD)

Property, plant & equipment	823.6M
Right-of-use (leased) assets	650.1M
Total assets	14.7B
Total debt	3.4B
Cash & equivalents	1.1B
Minority interest	676.9M

Market & shares

Market cap (FY-end)	11.5B
Shares outstanding	128.7M

Events 2022· 10

SBTi-approved net-zero by 2040 target set

Jacobs set a Net-Zero target approved by SBTi to reduce absolute Scopes 1, 2, and 3 GHG emissions 90% by 2040 from a 2019 base year. First professional consultancy with SBTi-approved net-zero target. Includes near-term targets: 50% reduction in Scope 1+2 by 2030, 50% reduction in Scope 3 business travel and commuting by 2030, and 65% of suppliers by spend with SBTs by 2025.

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Acquired StreetLight Data, Inc.

Acquired mobility analytics company StreetLight Data in Q2 FY22 to accelerate digital solutions portfolio and ESG focus. Not deemed materially significant for emissions baseline.

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Created new holding company Jacobs Solutions Inc.

In August 2022, Jacobs Engineering Group Inc. created a new holding company, Jacobs Solutions Inc., which became the new parent. Stockholders received shares 1-for-1.

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Added PA Consulting (65%) to Scope 3 Cat 15 Investments

In March 2021, Jacobs completed strategic 65% investment in PA Consulting. Reported under Scope 3 Cat 15. FY19 base year was retroactively adjusted to include 65% of PA Consulting's 2019 emissions (22,216 tCO2e), increasing baseline transparency.

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Established Office of Global Climate Response & ESG

In November 2021, Jacobs launched the Office of Global Climate Response & ESG to deliver on climate commitments through innovative solutions for clients and shareholders. Climate Response elevated as one of three core accelerators in FY22-24 strategy.

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Third-party limited assurance on Scope 1, 2, and 3 emissions

FY22 emissions verified to ISO 14064-3 standard with limited assurance covering 100% of Scope 1, Scope 2 (location and market), and reported Scope 3 categories.

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Acquired BlackLynx, Inc.

Completed acquisition of BlackLynx in Q1 FY22 to advance cyber, intelligence and digital solutions portfolio. Not deemed materially significant for emissions; FY19 baseline not adjusted.

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Introduced internal carbon price of $50/tCO2e on non-billable business travel

In January 2022, Jacobs introduced an internal carbon price of $50 USD per metric ton of CO2e on non-billable business travel. Revenue feeds a Carbon Reduction Fund administered by the Office of Global Climate Response & ESG.

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Achieved 100% low-carbon electricity for global operations

Globally in FY22 Jacobs achieved 100% low-carbon electricity for operations through green tariffs, RECs, EACs, PPAs, and VPPAs.

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Internal carbon price of $50/tCO2e introduced for business travel

Effective January 1, 2022, Jacobs established an internal carbon price of $50 per metric tonne CO2e for all non-billable business travel. The carbon cost is charged to applicable BUs and proceeds fund a Carbon Reduction Fund.

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2021

P&L highlights (USD)

Headcount (FTE)	55,000people
Revenue	14.1B
Cost of revenue	(11B)
Gross profit	3B
Operating expenses (S&M + G&A)	(2.4B)
Operating income	688.1M
Net income	477M

Balance sheet highlights (USD)

Property, plant & equipment	1B
Right-of-use (leased) assets	576.9M
Total assets	14.6B
Total debt	2.9B
Cash & equivalents	1B
Minority interest	692.5M

Market & shares

Market cap (FY-end)	14.5B
Shares outstanding	130.2M

2020

P&L highlights (USD)

Headcount (FTE)	55,000people
Revenue	13.6B
Cost of revenue	(11B)
Gross profit	2.6B
Operating expenses (S&M + G&A)	(2.1B)
Operating income	536M
Net income	491.8M

Balance sheet highlights (USD)

Property, plant & equipment	896.3M
Right-of-use (leased) assets	0
Total assets	12.4B
Total debt	1.7B
Cash & equivalents	862.4M
Minority interest	40M

Market & shares

Market cap (FY-end)	10.3B
Shares outstanding	131.5M

Events 2020· 3

Achieved 100% low-carbon electricity and operational carbon neutrality

Jacobs achieved 100% low-carbon electricity and became carbon neutral for operations and business travel in 2020 through purchase of annual carbon mitigation measures. Verified to PAS 2060:2014. Maintained through FY23.

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SBTi-approved 1.5°C-aligned targets set (Scope 1, 2, and 3)

In 2020, Jacobs set SBTi-approved targets: reduce absolute Scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year; reduce absolute Scope 3 GHG emissions from business travel and employee commuting 50% by 2030; 65% of suppliers by spend to have science-based targets by 2025.

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Net-zero by 2040 target across value chain (SBTi-approved)

Commit to reduce absolute Scope 1, 2 & 3 GHG emissions 90% by 2040 from a 2019 base year. Approved by SBTi as long-term net-zero target.

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