Setting Ambitious 2030 Targets

After reaching our 2023 environmental goals early, and significantly surpassing them (against baseline year 2015), we’ve set an aggressive new goal to reduce our absolute Scope 1, 2 and 3 greenhouse gas (GHG) emissions 46.2% by 2030 against our 2019 baseline. This goal was validated in 2023 by the Science Based Targets initiative (SBTi) and is aligned with the Paris Agreement and a 1.5 degrees Celsius trajectory. We’ve already made significant progress, realizing a 30.2% GHG emissions reduction as of 2023 (against our 2019 baseline).

30.2%

absolute reduction of Scope 1, 2, 3 GHG emissions

Reducing Energy Use and Emissions

• Scope 1 emissions increased 18% from 2022 to 2023, primarily due to a 4% increase in company-owned/leased fleet mileage related to client service activities and a 14% increase in the 2023 DEFRA emission conversion factors used in our emissions calculations.
• Scope 2 emissions were flat from 2022 to 2023 as our total electricity use remained flat.
• Scope 3 emissions increased by 3% from 2022 to 2023, primarily attributed to an increase in business travel activity and the increase in the emissions driven by changes in the 2023 DEFRA emission conversion factors used in our emissions calculations, which were largely offset by a decline in other Scope 3 categories including Capital Goods, Fuel and Energy-Related Activities, and Employee Commuting.
• Scope 3 emissions include the indirect emissions of our supply chain partners that are not under our direct control; they are comprised of seven categories that are related to Omnicom’s business: Category 1: Purchased Goods and Services; Category 2: Capital Goods; Category 3: Fuel and Energy-Related Activities; Category 5: Waste Generated Operations; Category 6: Business Travel; Category 7: Employee Commuting; and Category 8: Upstream Leased Assets.
• Our GHG emissions for 2022 and the 2019 baseline year were restated to be presented consistently due to required material methodology changes under the requirements of SBTi. The methodology updates follow the GHG Protocol and closely align with globally recognized standards, including detailed data categorization, country-specific emission factor application, and the comprehensive ability to estimate data gaps across various scopes and subcategories.
• The electricity data disclosed in this report refers to electricity that is measured and managed by Omnicom. Please see our CDP filling for further energy details.

Note: Emission factors are updated annually by third-party issuing bodies like DEFRA (Department of Food and Rural Affairs), USEEIO (US Environmentally-Extended Input-Output) and others. We apply these factors from the effective date of issuance. The issuing bodies do not update the prior year’s factors to be consistent, which impacts the change in calculated emissions compared to prior years.

Note: All values are shown in terms of tons(t) of carbon dioxide(CO₂) equivalent(e) and rounded up/down.