Financial technology company Jack Henry announced it set near-term targets to reduce Scope 1 and 2 emissions and is working with key suppliers responsible for Scope 3 emissions.
The company plans to lower its absolute emissions by 42% for fiscal year 2030 from its fiscal year 2023 baseline.
Jack Henry also plans to engage with suppliers reflecting two-thirds of its total supplier spend to support and encourage their commitment to reducing emissions, as detailed in its 2025 Sustainability Report.
In fiscal year 2024, Jack Henry experienced a 3% decrease in its combined Scope 1 and 2 emissions compared to fiscal year 2023. The company’s data centers and offices continue to represent the largest source of Scope 1 and 2 emissions, accounting for 45% and 42% respectively.
Compared to fiscal year 2023, Jack Henry’s Scope 2 emissions decreased by approximately 4%. This decrease is attributed to the purchase of renewable energy credits (RECs), which were applied to company-owned data centers.
In the same timeframe, Scope 3 emissions rose by 35%, primarily due to an increase in purchased goods and services, greater consumption of capital goods and an uptick in business travel. However, Jack Henry achieved reductions in Scope 3 emissions linked to waste, employee commuting, and fuel and energy-related activities during the year.
Jack Henry continues to evaluate renewable energy opportunities such as renewable energy credits (RECs), virtual power purchase agreements (VPPAs), on-site renewable generation, purchasing clean energy through utility contracts, and opportunities to improve energy efficiency across its real estate portfolio.
As low-carbon fuel alternatives, including sustainable aviation fuel (SAF), become more readily available, the company will explore options to implement them into the operations. Jack Henry remains committed to optimizing its flight operations to minimize fuel use, while thoughtfully balancing its aviation impact with the ongoing need for essential business travel.
“Sustainable business practices enable us to drive long-term value,” said Jack Henry President and CEO Greg Adelson in a statement. “Serving the evolving needs of people and communities is key to the success of our business model. We’re dedicated to breaking down barriers to financial wellness and advancing sustainable practices that help build a stronger future for everyone.”