Cintas
Business Support Services
CTAS
$ 487 1.2
Share price
$ 50 bn
Market Cap
$ 52 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Cintas aims to achieve net zero for Scope 1 + 2 by 2050
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
Cintas reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2021 at 467 Kt (-40 /-7.8% y-o-y). Also positively, carbon intensity declined to 72 t (-7.5 /-9.5% y-o-y).
No public disclosure of Scope 3 emissions has been found for Cintas at the moment.
The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -16 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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