Jabil

Jabil reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2022 at 612 Kt (-195 /-24.1% y-o-y). Also positively, carbon intensity declined to 18 t (-9.2 /-33.5% y-o-y).

Jabil's Scope 3 emissions grew to 52 Kt (+6.6/+14% y-o-y). The performance has been erratic recently.

The company is committed to reducing all Scopes by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -28 Kt per annum over the period of FY2023 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Jabil aims to achive carbon neutrality across its entire value chain (all Scopes) in 2045. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.