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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Dayforce’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Dayforce’s data sources below and access millions more through our Disclosure Search.

a. Dayforce's ESG Report 2024
a. Dayforce's ESG Report 2024

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). a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a

What are Dayforce's Scope 2 emissions?

In 2023, Dayforce reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 4,334 tCO₂e using the location-based method. a

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. a

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. a

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. a

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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a

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. a

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. a

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: a

  • Purchased Goods and Services (Cat. 1): 36,454 tCO₂e (66.72%)
  • Business Travel (Cat. 6): 10,474 tCO₂e (19.17%)
  • Employee Commuting (Cat. 7): 5,197 tCO₂e (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 GHG Emissions Intensity Compared to Industry Peers

In 2023, Dayforce reported Scope 1 greenhouse gas (GHG) emissions of 265 tCO₂e and total revenues of USD 1,513 millions. This translates into an emissions intensity of 0.18 tCO₂e per millions USD. a

Dayforce's Scope 1 Emissions Intensity Compared to Peers

0.555050010,000Scope 1 Emissions (tCO2e)202001,0005,00050,000Revenues (Millions of USD)Commvault SystemsYear: 2024Scope 1: 373 tCO2eRevenue: $M 839Scope 1 Intensity: 0.44 tCO2e/$MWorkivaYear: 2023Scope 1: 258 tCO2eRevenue: $M 630Scope 1 Intensity: 0.41 tCO2e/$MPaylocity HoldingYear: 2025Scope 1: 79 tCO2eRevenue: $M 1,596Scope 1 Intensity: 0.05 tCO2e/$MLyftYear: 2022Scope 1: 2,499 tCO2eRevenue: $M 4,095Scope 1 Intensity: 0.61 tCO2e/$MDoubleVerify HoldingsYear: 2023Scope 1: 257 tCO2eRevenue: $M 573Scope 1 Intensity: 0.45 tCO2e/$MPegasystemsYear: 2023Scope 1: 49 tCO2eRevenue: $M 1,432Scope 1 Intensity: 0.03 tCO2e/$MServiceNowYear: 2024Scope 1: 2,884 tCO2eRevenue: $M 10,982Scope 1 Intensity: 0.26 tCO2e/$MGuidewire SoftwareYear: 2023Scope 1: 31 tCO2eRevenue: $M 906Scope 1 Intensity: 0.03 tCO2e/$MBlackbaudYear: 2023Scope 1: 52 tCO2eRevenue: $M 1,106Scope 1 Intensity: 0.05 tCO2e/$MAlightYear: 2023Scope 1: 3,941 tCO2eRevenue: $M 3,410Scope 1 Intensity: 1.16 tCO2e/$MPaycom SoftwareYear: 2024Scope 1: 558 tCO2eRevenue: $M 1,883Scope 1 Intensity: 0.30 tCO2e/$MPaychexYear: 2023Scope 1: 2,290 tCO2eRevenue: $M 5,007Scope 1 Intensity: 0.46 tCO2e/$MCadence Design SystemsYear: 2024Scope 1: 2,087 tCO2eRevenue: $M 4,641Scope 1 Intensity: 0.45 tCO2e/$MLife360Year: 2021Scope 1: 0 tCO2eRevenue: $M 71Scope 1 Intensity: 0.00 tCO2e/$MBrazeYear: 2024Scope 1: 216 tCO2eRevenue: $M 593Scope 1 Intensity: 0.36 tCO2e/$MnCinoYear: 2024Scope 1: 2,749 tCO2eRevenue: $M 541Scope 1 Intensity: 5.08 tCO2e/$MBentley SystemsYear: 2023Scope 1: 1,692 tCO2eRevenue: $M 1,228Scope 1 Intensity: 1.38 tCO2e/$MIntuitYear: 2024Scope 1: 3,800 tCO2eRevenue: $M 16,288Scope 1 Intensity: 0.23 tCO2e/$MPTCYear: 2024Scope 1: 963 tCO2eRevenue: $M 2,298Scope 1 Intensity: 0.42 tCO2e/$MDayforceYear: 2023Scope 1: 265 tCO2eRevenue: $M 1,513Scope 1 Intensity: 0.18 tCO2e/$M

How does Dayforce's GHG emissions intensity compare to its peers?

In 2023, Dayforce reported a Scope 1 emissions intensity of 0.18 tCO₂e per millions USD. Compared to the peer group median of 0.41 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Dayforce rank on GHG emissions intensity within its industry?

In 2023, Dayforce ranked 6 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Dayforce is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Dayforce's Total Carbon Footprint

In 2023, Dayforce reported a total carbon footprint of 59,238 metric tons of CO₂ equivalent (tCO₂e) 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. a

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%. a

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