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

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Trace every data point back to Cloudflare’s disclosures

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Trace every data point back to Cloudflare’s disclosures

Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.

Trace every data point back to Cloudflare’s disclosures

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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 COâ‚‚ equivalent (tCOâ‚‚e). 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 tCOâ‚‚e using the market-based method and 62,782 tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 COâ‚‚ equivalent (tCOâ‚‚e). a

Insights into Cloudflare's Total Carbon Footprint

In 2024, Cloudflare reported a total carbon footprint of 106,051 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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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