In 2024, Factset Research Systems 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).
Factset Research Systems has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 2,652a | 3,815a | 1,796.03b | |
Total Scope 2 | ||||
Market-Based | 2,743a | 2,415a | 2,142a | |
Location-Based | 11,142a | 9,630a | 6,400a | |
Total Scope 3 | 75,808a | 78,862a | 60,115c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.2038a | 1.8293a | 0.974b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Factset Research Systems amounted to 13,794 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 2023, the total operational greenhouse gas (GHG) emissions of Factset Research Systems increased by 2.6%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Factset Research Systems were 2,652 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Factset Research Systems's Scope 1 emissions have decreased by 29.54%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Factset Research Systems's Scope 1 emissions decreased by 30.48%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Factset Research Systems reported Scope 2 greenhouse gas (GHG) emissions of 2,743 tCO₂e using the market-based method and 11,142 tCO₂e using the location-based method.a
Since 2019, Factset Research Systems's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Factset Research Systems's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Factset Research Systems's Scope 2 emissions (Location-Based) rose by 15.7% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Factset Research Systems reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Factset Research Systems reported 75,808 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 2024 disclosure of Factset Research Systems includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Factset Research Systems reported total Scope 3 emissions of 75,808 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.32% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.68% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Factset Research Systems's Scope 3 emissions remained relatively stable, indicating that Factset Research Systems's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Factset Research Systems reported emissions for 9 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.
In 2024, the largest contributors to Factset Research Systems's Scope 3 emissions were:a
In 2024, Factset Research Systems reported Scope 1 greenhouse gas (GHG) emissions of 2,652 tCO₂e and total revenues of USD 2,203 millions. This translates into an emissions intensity of 1.2 tCO₂e per millions USD.a
In 2024, Factset Research Systems reported a Scope 1 emissions intensity of 1.2 tCO₂e per millions USD. Compared to the peer group median of 0.16, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Factset Research Systems ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Factset Research Systems among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Factset Research Systems reported a total carbon footprint of 89,602 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.93% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Factset Research Systems's total carbon footprint was Scope 3 emissions, accounting for 84.61% of the company's total carbon footprint, followed by Scope 2 emissions at 12.43%.a