Factset Research Systems Inc

Common Name
Factset Research Systems
Country
United States
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Employees
12,598
Ticker
FDS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
FactSet Research Systems Inc. is a leading provider of financial data and analytic applications for investment professionals across the globe. The primary function of this company is to deliver essent...

Factset Research Systems's GHG Emissions Data Preview

In 2023, 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 8 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
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 Factset Research Systems's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Factset Research Systems amounted to 13,445 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 Factset Research Systems increased by 35.1%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Factset Research Systems's Scope 1 Emissions Over Time

2019202020212022202301 k2 k3 k4 ktCO2e-73%-36%+120%+168%
  • Total Scope 1
  • Year-over-Year Change

What are Factset Research Systems's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Factset Research Systems were 3,815 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Factset Research Systems reduced its Scope 1 emissions over time?

Since 2019, Factset Research Systems's Scope 1 emissions have increased by 1.36%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Factset Research Systems's Scope 1 emissions increased by 168.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Factset Research Systems's Scope 2 emissions?

In 2023, Factset Research Systems reported Scope 2 greenhouse gas (GHG) emissions of 9,630 tCOâ‚‚e using the location-based method.

Has Factset Research Systems reduced its Scope 2 emissions over time?

Since 2019, Factset Research Systems's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 16.41%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Factset Research Systems's Scope 2 emissions (Location-Based) rose by 12.88% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Factset Research Systems use for Scope 2 reporting?

In 2023, Factset Research Systems reported its Scope 2 emissions using the location-based method.

Factset Research Systems's Scope 2 Emissions Over Time

2019202020212022202303 k6 k9 k12 ktCO2e
  • Total Scope 2 Location-Based

Insights into Factset Research Systems's Value Chain Emissions

In 2023, Factset Research Systems reported 62,687 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 Factset Research Systems includes a breakdown across 8 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.

Factset Research Systems's Scope 3 Emissions Over Time

20222023020 k40 k60 k80 ktCO2e+4%
  • Total Scope 3
  • Year-over-Year Change

What are Factset Research Systems's Scope 3 emissions?

In 2023, Factset Research Systems reported total Scope 3 emissions of 62,687 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 94.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.86% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), 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.

What categories of Scope 3 emissions does Factset Research Systems disclose?

In 2023, Factset Research Systems reported emissions for 8 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 Factset Research Systems's Scope 3 emissions?

In 2023, the largest contributors to Factset Research Systems's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 42,517 tCOâ‚‚e (67.82%)
  • Employee Commuting (Cat. 7): 6,093 tCOâ‚‚e (9.72%)
  • Fuel- and Energy-Related Services (Cat. 3): 5,020 tCOâ‚‚e (8.01%)

Factset Research Systems's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(9.7%)Fuel- andEnergy-RelatedServices (Cat. 3)(8.0%)Purchased Goods andServices (Cat. 1)(67.8%)

Insights into Factset Research Systems's Total Carbon Footprint

In 2023, Factset Research Systems reported a total carbon footprint of 76,132 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.66% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Factset Research Systems's total carbon footprint was Scope 3 emissions, accounting for 82.34% of the company's total carbon footprint, followed by Scope 2 emissions at 12.65%.

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