Alphabet

Internet
GOOG
$ 2,330 3
Share price
$ 1,531 bn
Market Cap
$ 1,409 bn
Enterprise Value

Carbon footprint

0.67 Ton
GHG emissions per $ 1 mln investment
0.02x the weighted average for S&P 500
FY2020
How is this calculated?
+10%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

Secondary Climate Goal

-10%
Proj. YOY change in GHG emissions (all Scopes)
Stronger than the -6.7% weighted average for S&P 500
FY2021
How is this calculated?

Alphabet aims to achieve net zero for all Scopes by 2030


This target has not been verified as science based according to SBTi
Alphabet's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

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

Alphabet's carbon footprint

Alphabet reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 December 2020 at 950 Kt (+89/+10% y-o-y). At the sime time, carbon intensity declined to 5.2 t (-0.1 /-1.9% y-o-y).

Alphabet's Scope 3 emissions declined to 9,376 Kt (-2,293 /-19.7% y-o-y). This is a higher rate of decline than over the period since 4Q'18 (-10.1% CAGR).

The company is committed to achieving net zero for all Scopes by 2030, which translates into the estimated reduction of -1,033 Kt per annum over the period of FY2021 - 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.

Company environmental metrics

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