Ceridian Strengthens Climate Strategy with SBTi Commitment and Scope 3 Emissions Reduction Target
TORONTO and MINNEAPOLIS, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced it is furthering its sustainability commitment with two new actions that demonstrate its ambition to reduce its annual greenhouse gas (GHG) emissions in line with the goals of the Paris Agreement and the best available climate science.
The second is a commitment to work with the Science Based Targets initiative (SBTi) to validate this new Scope 3 target, its existing Scope 1 and 2 emissions reduction target, and its ongoing pledge to source 100% renewable electricity across its global facilities. SBTi is a collaboration among CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
“Recent heat waves, wildfires, and floods are the latest reminders that climate change poses a dire threat to the health and wellbeing of humanity on our planet,” said Jason Rahlan, Vice President of Corporate Responsibility and Sustainability at Ceridian. “Ceridian is fundamentally committed to doing its part to help address the climate crisis, and today’s announcements reflect the ongoing ambitions of our climate strategy.”
Recent highlights from Ceridian’s sustainability performance include:
Ceridian reported its latest emissions data in its most recent ESG Report and recently completed both its annual CDP Climate Change questionnaire and Task Force on Climate-related Financial Disclosures Index, which can be viewed in the Ceridian ESG Reporting Hub.
Ceridian HCM Holding Inc. is a global human capital management software company. Dayforce, its flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. The Dayforce platform is used to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes. Visit Ceridian.com or follow us @Ceridian.
This press release should be read in conjunction with the risks detailed in the “Cautionary Note Regarding Forward-Looking Information,” “Forward-Looking Statement,” “Risk Factors” and other sections of Ceridian’s Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and other filings with the Securities and Exchange Commission.
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