Dayforce Inc

Common Name
Dayforce
Country
United States
Sector
Technology
Industry
Software - Application
Employees
9,600
Ticker
DAY
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Dayforce Inc. is a leading provider of comprehensive human capital management (HCM) solutions, operating within the software and technology sector. The company primarily develops and markets the Dayfo...

Dayforce's GHG Emissions Data Preview

In 2023, Dayforce completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Dayforce has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Dayforce's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Dayforce amounted to 4,599 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Dayforce decreased by 20.35%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Dayforce's Scope 1 Emissions Over Time

2019202020212022202303507001.05 k1.4 ktCO2e-41%-28%-35%-22%
  • Total Scope 1
  • Year-over-Year Change

What are Dayforce's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Dayforce were 265 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Dayforce reduced its Scope 1 emissions over time?

Since 2019, Dayforce's Scope 1 emissions have decreased by 78.65%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Dayforce's Scope 1 emissions decreased by 22.06%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Dayforce's Scope 2 emissions?

In 2023, Dayforce reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 4,334 tCOâ‚‚e using the location-based method.

Has Dayforce reduced its Scope 2 emissions over time?

Since 2019, Dayforce's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 64.26%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Dayforce's Scope 2 emissions (Location-Based) fell by 20.24% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Dayforce use for Scope 2 reporting?

In 2023, Dayforce reported its Scope 2 emissions using the market-based method and using the location-based method.

Dayforce's Scope 2 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Dayforce's Value Chain Emissions

In 2023, Dayforce reported 54,639 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Dayforce includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Dayforce's Scope 3 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e-26%-17%+37%+28%
  • Total Scope 3
  • Year-over-Year Change

What are Dayforce's Scope 3 emissions?

In 2023, Dayforce reported total Scope 3 emissions of 54,639 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.62% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.38% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Dayforce reduced its Scope 3 emissions over time?

Since 2019, Dayforce's Scope 3 emissions have remained relatively stable, indicating that Dayforce 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Dayforce's Scope 3 emissions increased by 27.61%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Dayforce disclose?

In 2023, Dayforce reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Dayforce's Scope 3 emissions?

In 2023, the largest contributors to Dayforce's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 36,454 tCOâ‚‚e (66.72%)
  • Business Travel (Cat. 6): 10,474 tCOâ‚‚e (19.17%)
  • Employee Commuting (Cat. 7): 5,197 tCOâ‚‚e (9.51%)

Dayforce's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(19.2%)Purchased Goods andServices (Cat. 1)(66.7%)Employee Commuting(Cat. 7)(9.5%)

Insights into Dayforce's Total Carbon Footprint

In 2023, Dayforce reported a total carbon footprint of 59,238 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.91% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Dayforce's total carbon footprint was Scope 3 emissions, accounting for 92.24% of the company's total carbon footprint, followed by Scope 2 emissions at 7.32%.