Climate Change Data

Jack Henry & Associates, Inc.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:31,323.34 MTCO2e
Scope 1 Emissions:5,231.85 MTCO2e
Scope 2 Emissions:26,091.49 MTCO2e
Total Energy Consumption:54,357,119 kWh

ESG Focus Areas

  • People and Communities
  • Responsible Business Practices
  • Planet

Environmental Achievements

  • Reduced GHG emissions by 11.07% since FY2019 baseline despite a modest uptick in FY2022 GHG emissions.
  • Reduced Scope 2 GHG emissions from purchased electricity by approximately 3% due to grid greening and real estate right-sizing decisions.

Social Achievements

  • Launched an internal ethical culture survey that showed improved associate favorability scores across all eight topics measured.
  • Received public recognition through awards like the Newsweek® America’s Most Loved Workplaces and the American Banker® Best Places to Work in Fintech.
  • Incorporated DEIB learning opportunities into JackTracks, a three-week virtual development event.
  • Improved hiring-related metrics in fiscal year 2022 compared to fiscal year 2021 (171% increase in external applicants, 115% increase in associates moving to new internal roles).

Governance Achievements

  • Joined the Financial Health Network.
  • Signed a commitment letter to pursue Science-Based Targets initiative (SBTi) validation for near-term Greenhouse Gas (GHG) emissions reduction targets.
  • Introduced corporate sustainability considerations into supplier selection and management.

Climate Goals & Targets

Medium-term Goals:
  • Implement low carbon transition plan strategies (grid greening, real estate optimization, co-location and cloud computing, renewable energy, energy efficiency).
Short-term Goals:
  • Pursue SBTi validation for near-term GHG emissions reduction targets (absolute reduction in Scope 1 and 2 GHG emissions and largest source of Scope 3 emissions).

Environmental Challenges

  • Impacts of the COVID-19 pandemic, a slowing global economy, unprecedented cybersecurity threats, and increasing climate-related risks.
  • Increasing financial vulnerability and fragmentation.
  • Limited availability of sustainable aviation fuel (SAF).
Mitigation Strategies
  • Developed a robust low carbon transition plan to strategically minimize GHG emissions.
  • Monitoring developments around sustainable aviation fuel (SAF) for future use.
  • Developed a long-term co-location and cloud computing strategy to reduce Scope 2 emissions.
  • Conducting several energy efficiency projects (replacing fluorescent lights with LEDs, replacing end-of-life appliances with ENERGY STAR™-rated models).
  • Implementing a flexible approach to work arrangements to support associate needs.

Supply Chain Management

Responsible Procurement
  • Vendor Code of Conduct
  • Incorporating corporate sustainability considerations into supplier screenings, selection, and management.

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather events
Transition Risks
  • Greenhouse gas pricing and regulation
  • Changing consumer expectations

Reporting Standards

Frameworks Used: SASB, TCFD, GRI

UN Sustainable Development Goals

  • Goal 1
  • Goal 4
  • Goal 5
  • Goal 8
  • Goal 10
  • Goal 12
  • Goal 13
  • Goal 16

See Appendix for details.

Sustainable Products & Innovation

  • Synergy Express™ data center

Awards & Recognition

  • Newsweek® America’s Most Loved Workplaces
  • American Banker® Best Places to Work in Fintech