Cloudflare Inc

Common Name
Cloudflare
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
4,616
Ticker
NET
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Cloudflare Inc. is a technology company specializing in web infrastructure and website security services. Its primary purpose is to enhance the performance and security of internet-connected assets, o...

Cloudflare's GHG Emissions Data Preview

In 2024, Cloudflare completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Cloudflare has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
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c
0000000
Total Scope 2
Market-Based
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a
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b
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c
0000000
Location-Based
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a
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b
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c
0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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c
0000000
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Verified Sources Behind Cloudflare’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Cloudflare’s data sources below and access millions more through our Disclosure Search.

a. Cloudflare's ESG Data Spreadsheet 2024
a. Cloudflare's ESG Data Spreadsheet 2024
b. Cloudflare's ESG Data Spreadsheet 2023
b. Cloudflare's ESG Data Spreadsheet 2023
c. Cloudflare's Impact Report 2023
c. Cloudflare's Impact Report 2023
d. Cloudflare's Impact Report 2021
d. Cloudflare's Impact Report 2021

Insights into Cloudflare's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Cloudflare amounted to 62,980 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Cloudflare increased by 9.9%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Cloudflare's Scope 1 Emissions Over Time

20202021202220232024065130195260tCO2e+2%+89%-24%
  • Total Scope 1
  • Year-over-Year Change

What are Cloudflare's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Cloudflare were 198 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Cloudflare's Scope 1 emissions decreased by 23.55%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Cloudflare's Scope 2 emissions?

In 2024, Cloudflare reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 62,782 tCO₂e using the location-based method. a

Has Cloudflare reduced its Scope 2 emissions over time?

Since 2020, Cloudflare's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 349.88%, reflecting a rising long-term trend in Scope 2 emissions over time. a d

Compared to the previous year (2023), Cloudflare's Scope 2 emissions (Location-Based) rose by 10.05% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Cloudflare use for Scope 2 reporting?

In 2024, Cloudflare reported its Scope 2 emissions using the market-based method and using the location-based method. a

Cloudflare's Scope 2 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Cloudflare's Value Chain Emissions

In 2024, Cloudflare reported 43,071 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Cloudflare includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Cloudflare's Scope 3 Emissions Over Time

2024015 k30 k45 k60 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Cloudflare's Scope 3 emissions?

In 2024, Cloudflare reported total Scope 3 emissions of 43,071 metric tons of CO₂ equivalent (tCO₂e). a

Insights into Cloudflare’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Cloudflare reported Scope 1 greenhouse gas (GHG) emissions of 198 tCO₂e and total revenues of USD 1,669 millions. This translates into an emissions intensity of 0.12 tCO₂e per millions USD. a

Cloudflare's Scope 1 Emissions Intensity Compared to Peers

101005005,00050,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Progress SoftwareYear: 2023Scope 1: 60 tCO2eRevenue: $M 694Scope 1 Intensity: 0.09 tCO2e/$MSamsaraYear: 2022Scope 1: 235 tCO2eRevenue: $M 653Scope 1 Intensity: 0.36 tCO2e/$MWEXYear: 2023Scope 1: 1,246 tCO2eRevenue: $M 2,548Scope 1 Intensity: 0.49 tCO2e/$MNetscout SystemsYear: 2023Scope 1: 410 tCO2eRevenue: $M 915Scope 1 Intensity: 0.45 tCO2e/$MZscalerYear: 2023Scope 1: 340 tCO2eRevenue: $M 1,617Scope 1 Intensity: 0.21 tCO2e/$MFortinetYear: 2024Scope 1: 1,606 tCO2eRevenue: $M 5,956Scope 1 Intensity: 0.27 tCO2e/$MUiPathYear: 2024Scope 1: 649 tCO2eRevenue: $M 1,430Scope 1 Intensity: 0.45 tCO2e/$MSynopsysYear: 2023Scope 1: 3,697 tCO2eRevenue: $M 5,318Scope 1 Intensity: 0.70 tCO2e/$MCsg Systems InternationalYear: 2021Scope 1: 573 tCO2eRevenue: $M 1,047Scope 1 Intensity: 0.55 tCO2e/$MNutanixYear: 2024Scope 1: 331 tCO2eRevenue: $M 2,149Scope 1 Intensity: 0.15 tCO2e/$MGen DigitalYear: 2024Scope 1: 423 tCO2eRevenue: $M 3,811Scope 1 Intensity: 0.11 tCO2e/$MGoDaddyYear: 2024Scope 1: 832 tCO2eRevenue: $M 4,574Scope 1 Intensity: 0.18 tCO2e/$MF5Year: 2023Scope 1: 781 tCO2eRevenue: $M 2,813Scope 1 Intensity: 0.28 tCO2e/$MBlockYear: 2023Scope 1: 855 tCO2eRevenue: $M 21,917Scope 1 Intensity: 0.04 tCO2e/$MOracleYear: 2023Scope 1: 15,200 tCO2eRevenue: $M 49,951Scope 1 Intensity: 0.30 tCO2e/$MTeradataYear: 2023Scope 1: 142 tCO2eRevenue: $M 1,832Scope 1 Intensity: 0.08 tCO2e/$MDropboxYear: 2023Scope 1: 699 tCO2eRevenue: $M 2,502Scope 1 Intensity: 0.28 tCO2e/$MPayoneer GlobalYear: 2024Scope 1: 452 tCO2eRevenue: $M 721Scope 1 Intensity: 0.63 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MMongoDBYear: 2024Scope 1: 326 tCO2eRevenue: $M 2,006Scope 1 Intensity: 0.16 tCO2e/$MPalantir TechnologiesYear: 2023Scope 1: 22 tCO2eRevenue: $M 2,222Scope 1 Intensity: 0.01 tCO2e/$MRapid7Year: 2021Scope 1: 1,288 tCO2eRevenue: $M 535Scope 1 Intensity: 2.41 tCO2e/$MAmdocsYear: 2023Scope 1: 1,141 tCO2eRevenue: $M 4,887Scope 1 Intensity: 0.23 tCO2e/$MCloudflareYear: 2024Scope 1: 198 tCO2eRevenue: $M 1,669Scope 1 Intensity: 0.12 tCO2e/$M

How does Cloudflare's GHG emissions intensity compare to its peers?

In 2024, Cloudflare reported a Scope 1 emissions intensity of 0.12 tCO₂e per millions USD. Compared to the peer group median of 0.27 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Cloudflare rank on GHG emissions intensity within its industry?

In 2024, Cloudflare ranked 7 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Cloudflare is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Cloudflare's Total Carbon Footprint

In 2024, Cloudflare reported a total carbon footprint of 106,051 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 85.05% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Cloudflare's total carbon footprint was Scope 2 emissions, accounting for 59.2% of the company's total carbon footprint, followed by Scope 3 emissions at 40.61%. a

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