In 2023, Xerox Holdings 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).
Xerox Holdings 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Xerox Holdings amounted to 110,430 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 Xerox Holdings decreased by 15.69%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2023, the total Scope 1 emissions of Xerox Holdings were 71,495 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Xerox Holdings's Scope 1 emissions have decreased by 21.43%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2022), Xerox Holdings's Scope 1 emissions decreased by 16.94%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
In 2023, Xerox Holdings reported Scope 2 greenhouse gas (GHG) emissions of 38,935 tCO₂e using the market-based method. a
Compared to the previous year (2022), Xerox Holdings's Scope 2 emissions (Market-Based) fell by 13.29% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
In 2023, Xerox Holdings reported its Scope 2 emissions using the market-based method. a
In 2023, Xerox Holdings reported 1,442,663 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 Xerox Holdings includes a breakdown across 9 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
In 2023, Xerox Holdings reported total Scope 3 emissions of 1,442,663 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 93.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.45% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Xerox Holdings's Scope 3 emissions remained relatively stable, indicating that Xerox Holdings 's emissions have plateaued with no significant change in its value chain footprint. a
In 2023, Xerox Holdings 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 2023, the largest contributors to Xerox Holdings's Scope 3 emissions were: a
In 2023, Xerox Holdings reported Scope 1 greenhouse gas (GHG) emissions of 71,495 tCO₂e and total revenues of USD 6,886 millions. This translates into an emissions intensity of 10.38 tCO₂e per millions USD. a
In 2023, Xerox Holdings reported a Scope 1 emissions intensity of 10.38 tCO₂e per millions USD. Compared to the peer group median of 0.88 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2023, Xerox Holdings ranked 24 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Xerox Holdings among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2023, Xerox Holdings reported a total carbon footprint of 1,553,093 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.06% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Xerox Holdings's total carbon footprint was Scope 3 emissions, accounting for 92.89% of the company's total carbon footprint, followed by Scope 1 emissions at 4.6%. a