Adobe Inc.

"The provided information does not specify a net zero target for Adobe Inc. Corporate Climate Responsibility Monitor 2022
Therefore, it is not possible to provide a precise net zero target for the company based on the given data. Corporate Climate Responsibility Monitor 2022"

Current Score (vs. LY)

61.0 pts (0.0)

Last Update: Dec. 12, 2023

Current Rankings

Global: #38

S&P100: #23

Information Technology: #10

100.0%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

40.0%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

50.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 4,9239,59811,816
Scope 2 - location-based 58,90750,65356,113
Scope 2 - market-based 30,46033,53543,526
Scope 1-2 - location-based 63,83060,25167,929
Scope 1-2 - market-based 35,383 43,133 55,342
Scope 3 424,344393,464543,412
Total - location-based 488,174453,715611,341
Total - market-based 452,404 436,597 584,574

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 499,076452,404
Methodology Previous year intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Adobe Inc. belongs to the sector Information Technology.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S3 30.0 2018 2025 Note that all the scope 3 emissions categories are not fully covered
S1S2MKT 35.0 2018 2025
S1S2MKT 80.0 2018 2035
S1S2MKT 100.0 2018 2050

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2LOC NO 2050

Science-based Targets (SBTI)

Date Published / Updated :01/08/2024

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by FY2030 Targets Set : 1.5°C by 2050 Yes by 2050
Adobe Inc. is a member of the Business Ambition for 1.5 campaign (link here )

Overall Net-Zero Target: Adobe Inc. commits to reach net-zero greenhouse gas emissions across the value chain by FY2050. Near-Term Targets: Adobe Inc. commits to reduce absolute scope 1 and 2 GHG emissions 42% by FY2030 from a FY2022 base year. Adobe Inc. also commits to reduce scope 3 GHG emissions 52% per USD value added within the same timeframe. Long-Term Targets: Adobe Inc. commits to reduce absolute scope 1, 2, and 3 GHG emissions 90% by FY2050 from a FY2022 base year.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Adobe by zerotracker.net: Sept. 4, 2024
Planning to use external offset credits No
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) No

Additional notes: source: C11 https://www.adobe.com/content/dam/cc/en/corporate-responsibility/pdfs/Adobe_CDP_Climate_Change_Questionnaire_2021.pdf

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 10.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 10.0 10.0 0.0
Transparency 30.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 6.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 10.0 10.0 0.0
Commitments 16.0 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 5.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 10.0 10.0 0.0
Results 15.0 30.0 0.0
Total 61.0 100.0 0.0


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 5.0 0.0 5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? full 5.0 / 5.0 5.0 0.0 5.0
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A 10.0 / 10.0 10.0 0.0 9.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include an intermediate target by 2030? 2025 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? NC 0.0 / 4.0 0.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2? -2.6
0.0 / 5.0 0.0 0.0 2.4
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 10.0 0.0 10.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %): 15.0
Actual (in %): 41.0
5.0 / 5.0 5.0 0.0 5.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
Forward-looking reduction could not be calculated
 0.0 / 5.0 0.0 0.0 5.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 10.0 0.0 10.0
Total 61.0 / 100.0 61.0 0.0 67.4


Available Data Sources

Reporting Year 2022 2021 2021 2021 2020 2020 2020 2020 2019 2019 2019
Source Wikirate (NV) NZPDU Public Yourstake Public CDP NZPDU Public CDP NZPDU Public
Publication Year 2023 2022 2022 unknown 2022 2021 2021 2021 2020 2020 2021
Scope 1 6,568 4,923 4,923 4,923 9,598 9,842 9,842 9,842 11,816 11,816 11,817
Scope 2 - location-based 80,104 58,907 58,907 58,907 50,653 51,176 51,176 51,176 56,113 56,113 56,128
Scope 2 - market-based NA 30,460 30,460 30,460 33,535 34,540 34,540 34,540 43,526 43,526 43,893
Scope 1-2 - location-based 86,672 63,830 63,830 63,830 60,251 61,018 61,018 61,018 67,929 67,929 67,945
Scope 1-2 - market-based NA 35,383 35,383 35,383 43,133 44,382 44,382 44,382 55,342 55,342 55,710
Scope 3 463,438 424,344 424,344 424,343 393,464 438,241 438,241 438,209 543,412 543,411 544,093
Total - location-based 550,110 488,174 488,174 488,173 453,715 499,259 499,259 499,227 611,341 611,340 612,038
Total - market-based NA 452,404 459,727 459,726 436,597 469,931 469,931 482,591 584,574 584,573 599,803

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

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