FactSet says GHG emissions commitment validated by SBTi

FactSet announced that the Science Based Targets initiative has validated its near-term, company-wide sustainability initiative to reduce greenhouse gas emissions to combat the global climate crisis. This validation follows FactSet’s 2022 near-term emission reduction commitment, confirming the company’s goals have been reviewed by corporate climate experts and are inline and attainable according to SBTi’s guidelines. These goals include reducing scope 1, direct and owned company emissions; scope 2, indirect and off-site company emissions; and scope 3, indirect value chain emissions. FactSet’s commitment involves: FactSet Research Systems Inc. commits to reduce absolute scope 1 and 2 GHG emissions by 45% by its 2030 fiscal year from its fiscal 2023 base year levels. FactSet Research Systems Inc. commits to reduce absolute scope 3 GHG emissions by 25% by its 2030 fiscal year from its fiscal 2023 base year levels.