Net-Zero Case Study - Jacobs
With a talent force of approximately 55,000 across the globe, reducing business travel is a core challenge and opportunity for Jacobs, with the potential to make a significant difference in reducing the company’s scope 3 emissions.
Tackling scope 3 emissions
Jacobs has set targets to reduce business travel and employee commuting 50% by 2030 from a 2019 base year, and has recently implemented a carbon pricing initiative to encourage employees to think about whether they need to travel, and if so, which mode has the lowest carbon cost.
The carbon cost is $50 USD per metric tonne of CO2e which will be paid by individual business units. The revenue generated by the carbon price will go into a Carbon Reduction Fund to invest in other opportunities to address the climate emergency and further reduce emissions.
Jacobs is also engaging its supply chain with a commitment that 65% of its suppliers by spend, covering purchased goods and services, will have science-based targets by 2025.
The Net-Zero Standard
The Net-Zero Standard has supported Jacobs’ decarbonization journey by providing a clear understanding of what is required to cut emissions at the pace and scale required, with the company committed to reducing absolute scope 1, 2 & 3 GHG emissions 90% by 2040. It will only be possible to reach a global net-zero if companies reduce emissions across all scopes by following the science. Set a target now.