IBM

IT Consulting & Other Services

IBM

$ 143 (2.2)%

Share price

$ 130 bn

Market Cap

$ 178 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.08x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -8% weighted average for S&P 500

FY2022

IBM aims to achieve net zero for Scope 1 + 2 by 2030

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

GHG emissions and Carbon intensity

IBM reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 503 Kt (-118 /-19% y-o-y). Also positively, carbon intensity was down at 8.8 t (-2.5 /-22.1% y-o-y).

IBM's Scope 3 emissions decreased to 532 Kt (-175 /-24.8% y-o-y). This is a higher rate of decline than over the period since 4Q'11 (-16.2% CAGR).

The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -56 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.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	503	92	411	532	57,350	8.8
2020Q4	621	91	530	707	55,179	11
2019Q4	945	118	828	1,154	77,147	12
2018Q4	1,088	125	963	1,246	79,591	14
2017Q4	1,202	125	1,077	863	79,139	15
2016Q4	1,289	134	1,156	1,274	79,919	16
2015Q4	1,788	354	1,433	1,231	81,741	22
2013Q4	2,493	514	1,979	2,248
2012Q4	2,750	542	2,208	3,055
2011Q4	2,727	528	2,200	3,113
2010Q4	2,704	578	2,126	3,135

IBM

Carbon footprint

Primary Climate Goal

IBM aims to achieve net zero for Scope 1 + 2 by 2030

GHG emissions and Carbon intensity

IBM's carbon footprint

Company environmental metrics