Salesforce

Application Software
CRM
$ 300 0.09
Share price
$ 290 bn
Market Cap
$ 292 bn
Enterprise Value

Carbon footprint

0.29 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2020
How is this calculated?
-40%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Salesforce's GHG emissions (market-based) (Kt of CO2e)
Salesforce's Carbon intensity (Tons per 1 USDm)

Salesforce's carbon footprint

Salesforce reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 85 Kt (-56 /-39.7% y-o-y). Also positively, carbon intensity was down at 4 t (-4.2 /-51.2% y-o-y).

Salesforce's Scope 3 emissions surged to 946 Kt (+766/+426% y-o-y). The growth accelerated relative to the long-term trend (+50% CAGR) observed since 4Q'15.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Salesforce also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Salesforce.com, Inc. commits to reduce absolute scope 1 and scope 2 GHG emissions by 50% by 2030 from a 2018 base year. Salesforce.com, Inc. commits to reduce absolute scope 3 GHG emissions from fuel and energy related activities by 50% by 2030 from a 2018 base year. Salesforce.com, Inc. also commits that 60% of its suppliers by emissions covering purchased goods and services, capital goods, upstream transportation and distribution, waste generated in operations, and upstream leased assets will set science-based targets by 2024.

Company environmental metrics

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