Adobe Inc

Software

ADBE

$ 405 4.4

Share price

$ 192 bn

Market Cap

$ 187 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.01x the weighted average for S&P 500

FY2020

Primary Climate Goal

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

Weaker than the -5.1% weighted average for S&P 500

FY2021

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

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

GHG emissions and Carbon intensity

Adobe Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 44 Kt (-11 /-20.3% y-o-y). Also positively, carbon intensity was down at 3.4 t (-1.6 /-32% y-o-y).

Adobe Inc's Scope 3 emissions decreased to 438 Kt (-105 /-19.3% y-o-y). There has been no consistent trend in recent years.

The company is committed to reducing Scope 1 + 2 by 35% by 2025 from a base year 2018, which translates into the estimated reduction of -1.1 Kt per annum over the period of FY2021 - FY2025. 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)
2020Q4	44	9.8	35	438	12,868	3.4
2019Q4	56	12	44	543	11,171	5
2018Q4	60	12	48	52	9,030	6.6
2017Q4	71	11	59	43	7,302	9.7
2016Q4	70	11	58	37	5,854	12

Adobe Inc

Carbon footprint

Primary Climate Goal

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

GHG emissions and Carbon intensity

Adobe Inc's carbon footprint

Company environmental metrics