Commercial, Energy Efficiency, GHG Emissions - April 1, 2024
Jack Henry Lowers Emissions
Jack Henry & Associates, Inc. announced that the company procured renewable energy credits (RECs) in 2023 to address Scope 2 emissions, resulting in an overall year-over-year reduction of Scope 1 and 2 emissions.
The financial technology company’s fiscal year 2023 Scope 1 and 2 emissions decreased by 2% relative to fiscal year 2022 and 14% relative to fiscal year 2019.
Jack Henry consumes energy and refrigerants at its office facilities and company-owned data centers. Offices accounted for 38% of its total Scope 1 and 2 emissions and the company-owned data centers accounted for 50% of its total Scope 1 and 2 emissions.
Details were announced in the publication of its 2024 Sustainability Report.
This year's report also includes a breakdown of Jack Henry's Scope 3 GHG emissions related to the company's value chain. The company enhanced the completeness of its GHG accounting through the inclusion of refrigerant data and Scope 3 emissions in its fiscal year 2023 footprint. These additions provide a holistic view of the company’s emissions and better align with the Greenhouse Gas Protocol.
The report is supplemented by detailed indexes aligned with the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosure (TCFD).
"We value transparency and believe that our annual sustainability report fosters trust with all our stakeholders," said Tara Brown, Jack Henry's Head of Corporate Sustainability, in a statement. "Our 2024 Sustainability Report reflects our associates' hard work and dedication to doing the right thing through responsible business practices."
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