Xerox Holdings Corp

Common Name
Xerox Holdings
Country
United States
Sector
Technology
Industry
Information Technology Services
Employees
16,600
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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Xerox Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Xerox Holdings’s data sources below and access millions more through our Disclosure Search.

a. Xerox Holdings's Progress Report 2024
a. Xerox Holdings's Progress Report 2024
b. Xerox Holdings's Financial & Extra-Financial Disclosure 2023
b. Xerox Holdings's Financial & Extra-Financial Disclosure 2023
c. Xerox Holdings's CSR Report 2021
c. Xerox Holdings's CSR Report 2021

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). 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

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 CO₂ equivalent (tCO₂e). a

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. 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

What are Xerox Holdings's Scope 2 emissions?

In 2023, Xerox Holdings reported Scope 2 greenhouse gas (GHG) emissions of 38,935 tCO₂e using the market-based method. a

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. a

What methodology does Xerox Holdings use for Scope 2 reporting?

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

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 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

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 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

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. a

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: a

  • Purchased Goods and Services (Cat. 1): 869,347 tCO₂e (60.26%)
  • Upstream Transportation and Distribution (Cat. 4): 402,890 tCO₂e (27.93%)
  • Use of Sold Products (Cat. 11): 90,494 tCO₂e (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 GHG Emissions Intensity Compared to Industry Peers

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

Xerox Holdings's Scope 1 Emissions Intensity Compared to Peers

1001,0005,00020,000200,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)FISYear: 2024Scope 1: 8,888 tCO2eRevenue: $M 10,126Scope 1 Intensity: 0.88 tCO2e/$MLeidos HoldingsYear: 2022Scope 1: 28,183 tCO2eRevenue: $M 14,396Scope 1 Intensity: 1.96 tCO2e/$MCognizant Technology SolutionsYear: 2024Scope 1: 8,639 tCO2eRevenue: $M 19,737Scope 1 Intensity: 0.44 tCO2e/$MInternational Business MachinesYear: 2023Scope 1: 71,000 tCO2eRevenue: $M 61,857Scope 1 Intensity: 1.15 tCO2e/$MCACI InternationalYear: 2023Scope 1: 4,012 tCO2eRevenue: $M 6,703Scope 1 Intensity: 0.60 tCO2e/$MParsonsYear: 2024Scope 1: 9,806 tCO2eRevenue: $M 6,751Scope 1 Intensity: 1.45 tCO2e/$MGartnerYear: 2023Scope 1: 1,246 tCO2eRevenue: $M 5,906Scope 1 Intensity: 0.21 tCO2e/$MCDWYear: 2023Scope 1: 3,538 tCO2eRevenue: $M 21,378Scope 1 Intensity: 0.17 tCO2e/$MKyndryl HoldingsYear: 2024Scope 1: 33,890 tCO2eRevenue: $M 16,052Scope 1 Intensity: 2.11 tCO2e/$MConcentrixYear: 2023Scope 1: 10,708 tCO2eRevenue: $M 7,115Scope 1 Intensity: 1.51 tCO2e/$MScience Applications InternationalYear: 2023Scope 1: 715 tCO2eRevenue: $M 7,445Scope 1 Intensity: 0.10 tCO2e/$MUnisysYear: 2023Scope 1: 430 tCO2eRevenue: $M 2,015Scope 1 Intensity: 0.21 tCO2e/$MExlservice HoldingsYear: 2023Scope 1: 1,549 tCO2eRevenue: $M 1,631Scope 1 Intensity: 0.95 tCO2e/$MIngram Micro HoldingYear: 2023Scope 1: 9,519 tCO2eRevenue: $M 48,051Scope 1 Intensity: 0.20 tCO2e/$MConduentYear: 2023Scope 1: 13,483 tCO2eRevenue: $M 3,722Scope 1 Intensity: 3.62 tCO2e/$MDXC TechnologyYear: 2023Scope 1: 20,999 tCO2eRevenue: $M 14,430Scope 1 Intensity: 1.46 tCO2e/$MAutodeskYear: 2024Scope 1: 555 tCO2eRevenue: $M 6,133Scope 1 Intensity: 0.09 tCO2e/$MBroadridge Financial SolutionsYear: 2024Scope 1: 12,150 tCO2eRevenue: $M 6,507Scope 1 Intensity: 1.87 tCO2e/$MWorkdayYear: 2024Scope 1: 2,752 tCO2eRevenue: $M 8,447Scope 1 Intensity: 0.33 tCO2e/$MFiservYear: 2023Scope 1: 22,146 tCO2eRevenue: $M 19,093Scope 1 Intensity: 1.16 tCO2e/$MMarvell TechnologyYear: 2023Scope 1: 4,645 tCO2eRevenue: $M 5,507Scope 1 Intensity: 0.84 tCO2e/$MJack Henry & AssociatesYear: 2023Scope 1: 7,715 tCO2eRevenue: $M 2,078Scope 1 Intensity: 3.71 tCO2e/$MPalo Alto NetworksYear: 2024Scope 1: 1,766 tCO2eRevenue: $M 8,027Scope 1 Intensity: 0.22 tCO2e/$MXerox HoldingsYear: 2023Scope 1: 71,495 tCO2eRevenue: $M 6,886Scope 1 Intensity: 10.38 tCO2e/$M

How does Xerox Holdings's GHG emissions intensity compare to its peers?

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

Where does Xerox Holdings rank on GHG emissions intensity within its industry?

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

Insights into Xerox Holdings's Total Carbon Footprint

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

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