Service Corporation International
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:149,626 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:110,537 tCO2e/year
Scope 2 Emissions:39,089 tCO2e/year
Renewable Energy Share:20%
Total Energy Consumption:115,898 MWh/year
Water Consumption:12.02 billion cubic meters/year
Waste Generated:2,612 tons/year (recycled)
ESG Focus Areas
- Social Impact
- Associate Engagement
- Community Involvement
- Corporate Governance
- Environmental Impact
Environmental Achievements
- Implemented a utility usage reporting system to better understand energy consumption.
- Replaced older cremation units with newer, more efficient models.
- Added a water cremation unit to reduce emissions.
- Converted electricity contracts to renewable sources since 2019.
- Recycled 2,612 tons of waste.
Social Achievements
- Implemented a new vacation rollover policy.
- Introduced Inclusive Leader Training.
- Awarded the Houston Business Journal Corporate Philanthropy Award.
- Contributed over $5 million in charitable giving.
- Expanded healthcare coverage to include adoption assistance, fertility coverage, and transgender benefits.
Governance Achievements
- Enhanced cybersecurity disclosures.
- Board of Directors conducted a field visit to a premiere facility.
Climate Goals & Targets
Environmental Challenges
- Understanding and reducing greenhouse gas emissions.
- Improving data collection processes for environmental metrics.
- High turnover rate in sales team.
Mitigation Strategies
- Implementing utility usage reporting system.
- Investing in newer cremation units and water cremation.
- Exploring solar panel opportunities and enhanced irrigation methods.
- Focusing on internal talent development and career growth opportunities.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB, TCFD
Sustainable Products & Innovation
- Biodegradable products
- Green burial services
Awards & Recognition
- Houston Business Journal Corporate Philanthropy Award