ServiceNow Inc

Software
NOW
$ 433 (4.4)%
Share price
$ 87 bn
Market Cap
$ 94 bn
Enterprise Value

Carbon footprint

0.22 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2020
How is this calculated?
+12%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-50%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

ServiceNow Inc aims to achieve carbon neutrality for Scope 1 + 2 by 2022


This target has not been verified as science based according to SBTi
ServiceNow Inc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-10%
Proj. YOY change in GHG emissions (all Scopes)
Stronger than the -6.9% weighted average for S&P 500
FY2021
How is this calculated?

ServiceNow Inc aims to achieve net zero for all Scopes by 2030


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

GHG emissions and Carbon intensity

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

ServiceNow Inc's carbon footprint

ServiceNow Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 20 Kt (+2.1/+12% y-o-y). At the sime time, carbon intensity was down at 4.5 t (-0.8 /-15.1% y-o-y).

ServiceNow Inc's Scope 3 emissions declined to 3.9 Kt (-23 /-85.2% y-o-y).

The company is committed to achieving carbon neutrality for Scope 1 + 2 by 2022, which translates into the estimated reduction of -10 Kt per annum over the period of FY2021 - FY2022. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2030, which translates into the estimated reduction of -2.4 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.

ServiceNow Inc aims to achive carbon neutrality across its operations (Scope 1 + 2) in 2022. 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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