Adobe Inc

Application Software
ADBE
$ 331 (0.85)%
Share price
$ 154 bn
Market Cap
$ 158 bn
Enterprise Value

Carbon footprint

0.22 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2021
How is this calculated?
-18%
YOY change in GHG emissions
Weaker than the +4.2% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

+2.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
FY2022
How is this calculated?

Adobe Inc aims to reduce Scope 1 + 2 by 35% by 2025 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it
This target has not been verified as science based according to SBTi
Adobe Inc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Adobe Inc's carbon footprint

Adobe Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 35 Kt (-7.8 /-18% y-o-y). Also positively, carbon intensity declined to 2.2 t (-1.2 /-35.3% y-o-y).

Adobe Inc's Scope 3 emissions was up at 424 Kt (+31/+7.8% y-o-y). The growth has slowed compared to the trend since 4Q'16 (CAGR +50%).

The company is committed to reducing Scope 1 + 2 by 35% by 2025 from a base year 2018, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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