Hays plc

Human Resource & Employment Services
HAS.L
GBX 114 (2.3)%
Share price
$ 2 bn
Market Cap
$ 1.9 bn
Enterprise Value

Carbon footprint

3.6 Ton
GHG emissions per $ 1 mln investment
0.09x the weighted average for S&P 500
FY2021
How is this calculated?
-42%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

+4.2%
Proj. YOY change in GHG emissions (all Scopes)
FY2022
How is this calculated?

Hays plc aims to reduce all Scopes by 50% by 2025 from a base year 2020

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Hays plc's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Hays plc's GHG emissions (market-based) (Kt of CO2e)

Hays plc's carbon footprint

Hays plc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 7 Kt (-5.1 /-42.1% y-o-y).

Hays plc's Scope 3 emissions tumbled to 0.72 Kt (-5.2 /-87.9% y-o-y). The decline accelerated compared to the CAGR of -50.8% since 1Q'19.

The company is committed to reducing all Scopes by 50% by 2025 from a base year 2020, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Hays plc also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Hays plc commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2026 from a FY2020 base year. Hays plc commits to reduce absolute scope 3 GHG emissions from purchased goods and services and capital goods by 50% by FY2030 from a FY2020 base year. Hays plc also commits to reduce absolute scope 3 GHG emissions from business travel by 40% by FY2026 from a FY2020 base year.

Company environmental metrics

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