Xerox Holdings Corp

Common Name
Xerox Holdings
Country
United States
Sector
Technology
Industry
Information Technology Services
Employees
16,800
Ticker
XRX
Exchange
NASDAQ/NGS
Description
Xerox Holdings Corporation is a global leader in the business services and digital printing solutions sector. Known for its pioneering role in document technology and management, Xerox offers a broad ...

Xerox Holdings's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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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 Xerox Holdings's Operational Emissions

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).

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.

Xerox Holdings's Scope 1 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e-9%-19%+33%-3%-17%
  • Total Scope 1
  • Year-over-Year Change

What are Xerox Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Xerox Holdings were 71,495 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Xerox Holdings reduced its Scope 1 emissions over time?

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.

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.

What are Xerox Holdings's Scope 2 emissions?

In 2023, Xerox Holdings reported Scope 2 greenhouse gas (GHG) emissions of 38,935 tCOâ‚‚e using the market-based method.

Has Xerox Holdings reduced its Scope 2 emissions over time?

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.

What methodology does Xerox Holdings use for Scope 2 reporting?

In 2023, Xerox Holdings reported its Scope 2 emissions using the market-based method.

Xerox Holdings's Scope 2 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Xerox Holdings's Value Chain Emissions

In 2023, Xerox Holdings reported 1,442,663 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 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.

Xerox Holdings's Scope 3 Emissions Over Time

2021202220230400 k800 k1.2 M1.6 MtCO2e+83%-9%
  • Total Scope 3
  • Year-over-Year Change

What are Xerox Holdings's Scope 3 emissions?

In 2023, Xerox Holdings reported total Scope 3 emissions of 1,442,663 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What categories of Scope 3 emissions does Xerox Holdings disclose?

In 2023, Xerox Holdings reported emissions for 9 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 Xerox Holdings's Scope 3 emissions?

In 2023, the largest contributors to Xerox Holdings's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 869,347 tCOâ‚‚e (60.26%)
  • Upstream Transportation and Distribution (Cat. 4): 402,890 tCOâ‚‚e (27.93%)
  • Use of Sold Products (Cat. 11): 90,494 tCOâ‚‚e (6.27%)

Xerox Holdings's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(27.9%)Purchased Goods andServices (Cat. 1)(60.3%)Use of Sold Products(Cat. 11)(6.3%)

Insights into Xerox Holdings's Total Carbon Footprint

In 2023, Xerox Holdings reported a total carbon footprint of 1,553,093 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.