Omnicom Group

Omnicom Group reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 51 Kt (+5.9/+13% y-o-y). Carbon intensity also was up at 3.6 t (+0.2/+5.9% y-o-y).

Omnicom Group's Scope 3 emissions decreased to 14 Kt (-15 /-52% y-o-y). This is a higher rate of decline than over the period since 4Q'16 (-34.6% CAGR).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Omnicom Group also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Omnicom Group commits to reduce absolute scope 1, 2, and 3 GHG emissions 46.2% by 2030 from a 2019 base year.