As of 2025, Paychex has disclosed 12 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 12 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Paychex's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 3 - Upstream Leased Assets (Cat. 8) | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -70%a | 2040 |
Absolute-based Target | Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -70%a | 2040 |
Absolute-based Target | Scope 3 - Upstream Transportation and Distribution (Cat. 4) | Metric Tonnes of CO2 equivalent (mtCO2e) | -70%a | 2040 |
Absolute-based Target | Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | -70%a | 2040 |
Absolute-based Target | Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) | -70%a | 2040 |
Absolute-based Target | Scope 3 - Upstream Leased Assets (Cat. 8) | Metric Tonnes of CO2 equivalent (mtCO2e) | -70%a | 2040 |
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As of 2025, Paychex has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
As of 2025, Paychex has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Paychex's most ambitious operational target is to reduce these emissions by 70% by 2040, compared to a baseline of 3,235.095 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2025, Paychex is ahead of schedule on its operational emissions reduction target, having achieved 38.94% of the planned reduction.a
As of 2025, Paychex has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Paychex's most ambitious value chain target is to reduce these emissions by 70% by 2040, compared to a baseline of 25,830.049 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2025, Paychex is ahead of schedule on its value chain emissions reduction target, having achieved 87.99% of the planned reduction.a