Primary Climate Goal
Hays plc's target annual all Scopes emissions for 2025 should be equal to 9 Kt = 50% * 18 Kt, according to the company's stated climate goal.
In order to achieve this goal, Hays plc would need to reduce its emissions at least by 0.32 Kt per annum over the period from 2022 to 2025:
0.32 Kt = ( 9 Kt - 7.7 Kt ) / (2025 - 2021)
This translates into a +4.2% increase in 2022.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
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This target is most likely outdated and the company appears to have already achieved it
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
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 (
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.