Alphabet

Internet Services & Infrastructure

GOOG

$ 137 (2.1)%

Share price

$ 1,697 bn

Market Cap

$ 1,661 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.03x the weighted average for S&P 500

FY2021

Primary Climate Goal

Alphabet achieved net zero across its operations (Scope 1 + 2) in 2007

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -1.4% weighted average for S&P 500

FY2022

Alphabet aims to achieve net zero for all Scopes by 2030

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Alphabet reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 December 2021 at 1,868 Kt (+918/+97% y-o-y). Carbon intensity also was up at 7.3 t (+2.1/+40% y-o-y).

Alphabet's Scope 3 emissions increased to 9,503 Kt (+127/+1.4% y-o-y). There has been no consistent trend in recent years.

The company is committed to achieving net zero for all Scopes by 2030, which translates into the estimated reduction of -1,263 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Alphabet achieved carbon neutrality across its operations (Scope 1 + 2) in 2007. Companies normally become carbon neutral with the help of the acquisition of carbon offsets rather than absolute reductions in their own greenhouse emissions. Also, carbon neutrality does not include non-CO2 GHG emissions.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Carbon offsets	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	1,868	45	1,823	9,503		257,637	7.3
2020Q4	950	39	911	9,376	(1,163)	182,527	5.2
2019Q4	861	67	794	11,669	(1,403)	161,857	5.3
2018Q4	748	64	684	12,900	(1,211)	136,819	5.5
2017Q4	576	67	509	2,719	(932)	110,855	5.2
2016Q4	1,585	66	1,519	1,292	(1,899)	90,272	18