Paychex

Business Support Services
PAYX
$ 117 0.52
Share price
$ 42 bn
Market Cap
$ 40 bn
Enterprise Value

Carbon footprint

0.14 Ton
GHG emissions per $ 1 mln investment
0x the weighted average for S&P 500
FY2021
How is this calculated?
-10%
YOY change in GHG emissions
Stronger than the -0.8% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-25%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -8% weighted average for S&P 500
FY2022
How is this calculated?

Paychex aims to achieve net zero for Scope 1 + 2 by 2025


This target has not been verified as science based according to SBTi
Paychex's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Paychex's carbon footprint

Paychex reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2021 at 5.7 Kt (-0.66 /-10.3% y-o-y).

Paychex reported Scope 3 emissions for the the twelve months ending30 June 2021 at 6.3

The company is committed to achieving net zero for Scope 1 + 2 by 2025, which translates into the estimated reduction of -1.4 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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