Publicis Groupe

"Publicis Groupe's net zero target is to achieve carbon neutrality before 2030. Net Zero Tracker
The company has a policy of "Consume less and better," which has been in place for over a decade and has reduced impacts by 43%. Net Zero Tracker
This policy includes reducing transport, particularly air travel, reducing the use of raw materials like water and paper, reducing waste and promoting recycling, and reducing energy consumption with a target of 100% renewable energy by 2030. Net Zero Tracker
However, Publicis Groupe has not specified what gases are covered by its target or if scope 1, 2, …"

Current Score (vs. LY)

67.3 pts (-)

Last Update: Dec. 12, 2023

Current Rankings

Global: #22

CAC40: #10

Communication Services: #3

85.0%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

66.9%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

50.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2022Y2021Y2020
Scope 1 7,2664,2997,531
Scope 2 - location-based 42,89841,18548,883
Scope 2 - market-based 31,10030,80840,743
Scope 1-2 - location-based 50,16445,48456,414
Scope 1-2 - market-based 38,366 35,107 48,274
Scope 3 176,373121,025141,120
Total - location-based 226,537166,509197,534
Total - market-based 214,739 147,243 189,394

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 214,739168,474
Methodology As reportedRecent intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Publicis Groupe belongs to the sector Communication Services.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S3 50.0 2019 2030 Note that all the scope 3 emissions categories are not fully covered
S1S2MKT 50.0 2019 2030
S1S2S3MKT 90.0 2019 2040 Note that all the scope 3 emissions categories are not fully covered

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3MKT FULL 2040
S1S2S3MKT NO 2030

Science-based Targets (SBTI)

Date Published / Updated :01/03/2021

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by 2030 Targets Set : 1.5°C by 2040 Yes by 2040
Publicis Groupe is a member of the Business Ambition for 1.5 campaign (link here )

Overall Net-Zero Target
Publicis Group commits to reach net-zero greenhouse emissions across the value chain by 2040 from a 2019 base year.
Near-Term Targets
Publicis Groupe commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year. Publicis Groupe also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, business travel, employee commuting and upstream leased assets 50% over the same timeframe.
Long-Term Targets
Publicis Group commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2019 base year. Publicis Group also commits to reduce absolute scope 3 GHG emissions from purchased goods and services, fuel and energy related activities, business travel, employee commuting and upstream leased assets 90% over the same timeframe.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Publicis Groupe by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Yes (nature-based removals e.g. Forestation, soil carbon enhancement)

Additional notes: (Page 218, https://publicis-groupe.publispeak.com/2022-universal-registration-document/article/218/) "The Carbon Fund project was the subject of a call for tenders at the end of 2022 in order to examine and then determine the best possible options. The objective is to set up a system that can provide the Groupe with access to solid, long-term projects, enabling real protection and preservation of natural ecosystems. The objective is also that these projects (Nature-based) generate only high-quality carbon sequestration credits that are certified by third parties by complying with international standards." (Page 226, https://publicis-groupe.publispeak.com/2022-universal-registration-document/article/226/) "90% of the Gandhi/Pawan program, by purchasing Voluntary Carbon Credits (VCCs) financing the deployment of wind farms in three regions" and "10% of VCCs from the forestry project in Madre de Dios,Peru, protecting the primary forest and its biodiversity. "

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 7.5 10.0 -
3 CDP score demonstrates the level of transparent disclosures 8.0 10.0 -
Transparency 25.5 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 -
5 Net Zero targets demonstrate a high-level of emergency 5.000000000000001 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 1.762465464213106 10.0 -
7 Targets are science-based as validated by SBTi 10.0 10.0 -
Commitments 26.762465464213108 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 5.0 10.0 -
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
10 Implied Temperature Rating by MSCi 10.0 10.0 -
Results 15.0 30.0 -
Total 67.3 100.0 -


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? partly 2.5 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? B 8.0 / 10.0 -
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? 2030 3.0 / 3.0 -
Does the net zero target include all the emissions? yes 4.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2030 3.3 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? 2040 1.7 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? 1.8
1.8 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 13.6
Actual (in %): 41.8
5.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %): 1.8
Actual (in %): -9.3
0.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 -
Total 67.3 / 100.0 -


Available Data Sources

Reporting Year 2022 2021 2021 2020 2020 2019 2019
Source Public NZPDU Public Public NZPDU Public NZPDU
Publication Year 2023 2022 2023 2023 2022 2023 2022
Scope 1 7,266 4,299 4,299 7,531 7,531 9,895 9,895
Scope 2 - location-based 42,898 41,185 41,185 48,883 48,883 NA 56,018
Scope 2 - market-based 31,100 30,808 30,808 40,743 40,743 56,018 55,885
Scope 1-2 - location-based 50,164 45,484 45,484 56,414 56,414 9,895 65,913
Scope 1-2 - market-based 38,366 35,107 35,107 48,274 48,274 65,913 65,780
Scope 3 176,373 121,025 121,525 141,120 146,080 250,236 236,237
Total - location-based 226,537 166,509 167,009 197,534 202,494 260,131 302,150
Total - market-based 214,739 147,243 156,632 189,394 175,755 316,149 283,418

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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