GlobalData offers a comprehensive analysis of Fiserv, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Fiserv‘s ESG performance. GlobalData’s company profile on Fiserv offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Fiserv, a worldwide provider of financial services technology, has released a statement regarding climate change that emphasizes its endorsement of immediate action to address the issue. Fiserv's latest filings mentioned the keywords 'Emission' and 'Recycling' most number of times in relation to 'Climate Change'.
The company has disclosed its Scope 1, Scope 2, and Scope 3 greenhouse gas (GHG) emissions. The total Scope 1, 2, & 3 emissions reported in 2021 was 1,582,258 MT CO2e. The company has also disclosed its metrics on climate-related risks associated with water, energy, land use, and waste management. Fiserv is expected to take steps to achieve its scope 1, scope 2, and scope 3 emissions targets.
Fiserv has not conducted climate-related scenario analysis, but it is expected to describe how resilient its strategies are to climate-related risks and opportunities, taking into consideration a transition to a low-carbon economy consistent with a 2°C or lower scenario. Fiserv should consider providing a description of its risks and opportunities by sector and/or geography, as appropriate. The company should also describe how climate-related issues serve as an input to the financial planning process, the time period(s) used, and how these risks and opportunities are prioritized. Fiserv should describe the impact of climate-related issues on its financial performance and financial position.
In conclusion, Fiserv has disclosed its Scope 1 and Scope 2 GHG emissions, and the related risks. Fiserv should consider providing more information on its risks and opportunities, how climate-related issues serve as an input to the financial planning process, and the impact of climate-related issues on its financial performance and financial position.