Meta Platforms Inc

Internet

$ 194 1.2

Share price

$ 524 bn

Market Cap

$ 495 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2020

Primary Climate Goal

Meta Platforms Inc achieved net zero across its operations (Scope 1 + 2) in 2020

Secondary Climate Goal

Proj. YOY change in GHG emissions (Scope 3)

Stronger than the -6.3% weighted average for S&P 500

FY2021

Meta Platforms Inc aims to achieve net zero for Scope 3 by 2030

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

GHG emissions and Carbon intensity

Meta Platforms Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 38 Kt (-214 /-84.9% y-o-y). Also positively, carbon intensity decreased to 0.4 t (-3.2 /-88.9% y-o-y).

Meta Platforms Inc's Scope 3 emissions was down at 4,029 Kt (-49 /-1.2% y-o-y). There has been no clear trend lately.

The company is committed to achieving net zero for Scope 3 by 2030, which translates into the estimated reduction of -403 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.

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	38	29	9	4,029	85,965	0.4
2019Q4	252	44	208	4,078	70,697	3.6
2018Q4	356	42	314	652	55,838	6.4
2017Q4	616	25	591	480	40,653	15
2016Q4	554	9	545	156	27,638	20
2015Q4	450	6	444	178	17,928	25
2014Q4	445	5	440		12,466	36