Cognizant Technology Solutions Corp

Common Name
Cognizant Technology Solutions
Country
United States
Sector
Technology
Industry
Information Technology Services
Employees
343,800
Ticker
CTSH
Exchange
NASDAQ/NGS
Description
Cognizant Technology Solutions Corporation is a leading global provider of information technology, consulting, and business process services. As part of the technology sector, the company focuses on d...

Cognizant Technology Solutions's GHG Emissions Data Preview

In 2024, Cognizant Technology Solutions 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).

Cognizant Technology Solutions has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Cognizant Technology Solutions’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 Cognizant Technology Solutions’s data sources below and access millions more through our Disclosure Search.

a. Cognizant Technology Solutions's Sustainability Report 2024
a. Cognizant Technology Solutions's Sustainability Report 2024

Insights into Cognizant Technology Solutions's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Cognizant Technology Solutions amounted to 124,269 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 Cognizant Technology Solutions decreased by 3.51%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Cognizant Technology Solutions's Scope 1 Emissions Over Time

20192020202120222023202404 k8 k12 k16 ktCO2e-33%+1%-6%-6%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Cognizant Technology Solutions's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Cognizant Technology Solutions were 8,639 metric tons of CO₂ equivalent (tCO₂e). a

Has Cognizant Technology Solutions reduced its Scope 1 emissions over time?

Since 2019, Cognizant Technology Solutions's Scope 1 emissions have decreased by 45.28%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Cognizant Technology Solutions's Scope 1 emissions decreased by 8.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Cognizant Technology Solutions's Scope 2 emissions?

In 2024, Cognizant Technology Solutions reported Scope 2 greenhouse gas (GHG) emissions of 59,536 tCO₂e using the market-based method and 115,630 tCO₂e using the location-based method. a

Has Cognizant Technology Solutions reduced its Scope 2 emissions over time?

Since 2019, Cognizant Technology Solutions's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 63.36%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Cognizant Technology Solutions's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Cognizant Technology Solutions 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Cognizant Technology Solutions use for Scope 2 reporting?

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

Cognizant Technology Solutions's Scope 2 Emissions Over Time

201920202021202220232024080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Cognizant Technology Solutions's Value Chain Emissions

In 2024, Cognizant Technology Solutions reported 577,134 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 Cognizant Technology Solutions includes a breakdown across 9 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

Cognizant Technology Solutions's Scope 3 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e-40%-12%-5%+68%-8%
  • Total Scope 3
  • Year-over-Year Change

What are Cognizant Technology Solutions's Scope 3 emissions?

In 2024, Cognizant Technology Solutions reported total Scope 3 emissions of 577,134 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.98% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.02% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Cognizant Technology Solutions reduced its Scope 3 emissions over time?

Since 2019, Cognizant Technology Solutions's Scope 3 emissions have decreased by 22.92%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Cognizant Technology Solutions's Scope 3 emissions remained relatively stable, indicating that Cognizant Technology Solutions 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Cognizant Technology Solutions disclose?

In 2024, Cognizant Technology Solutions reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Cognizant Technology Solutions's Scope 3 emissions?

In 2024, the largest contributors to Cognizant Technology Solutions's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 189,590 tCO₂e (32.85%)
  • Purchased Goods and Services (Cat. 1): 174,199 tCO₂e (30.18%)
  • Business Travel (Cat. 6): 86,270 tCO₂e (14.95%)

Cognizant Technology Solutions's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(30.2%)Employee Commuting(Cat. 7)(32.9%)Business Travel(Cat. 6)(14.9%)

Insights into Cognizant Technology Solutions’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Cognizant Technology Solutions reported Scope 1 greenhouse gas (GHG) emissions of 8,639 tCO₂e and total revenues of USD 19,737 millions. This translates into an emissions intensity of 0.44 tCO₂e per millions USD. a

Cognizant Technology Solutions's Scope 1 Emissions Intensity Compared to Peers

1001,0005,00050,000200,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)Xerox HoldingsYear: 2023Scope 1: 71,495 tCO2eRevenue: $M 6,886Scope 1 Intensity: 10.38 tCO2e/$MFISYear: 2024Scope 1: 8,888 tCO2eRevenue: $M 10,126Scope 1 Intensity: 0.88 tCO2e/$MLeidos HoldingsYear: 2022Scope 1: 28,183 tCO2eRevenue: $M 14,396Scope 1 Intensity: 1.96 tCO2e/$MInternational Business MachinesYear: 2023Scope 1: 71,000 tCO2eRevenue: $M 61,857Scope 1 Intensity: 1.15 tCO2e/$MCACI InternationalYear: 2023Scope 1: 4,012 tCO2eRevenue: $M 6,703Scope 1 Intensity: 0.60 tCO2e/$MParsonsYear: 2024Scope 1: 9,806 tCO2eRevenue: $M 6,751Scope 1 Intensity: 1.45 tCO2e/$MGartnerYear: 2023Scope 1: 1,246 tCO2eRevenue: $M 5,906Scope 1 Intensity: 0.21 tCO2e/$MCDWYear: 2023Scope 1: 3,538 tCO2eRevenue: $M 21,378Scope 1 Intensity: 0.17 tCO2e/$MKyndryl HoldingsYear: 2024Scope 1: 33,890 tCO2eRevenue: $M 16,052Scope 1 Intensity: 2.11 tCO2e/$MConcentrixYear: 2023Scope 1: 10,708 tCO2eRevenue: $M 7,115Scope 1 Intensity: 1.51 tCO2e/$MBlockYear: 2023Scope 1: 855 tCO2eRevenue: $M 21,917Scope 1 Intensity: 0.04 tCO2e/$MScience Applications InternationalYear: 2023Scope 1: 715 tCO2eRevenue: $M 7,445Scope 1 Intensity: 0.10 tCO2e/$MUnisysYear: 2023Scope 1: 430 tCO2eRevenue: $M 2,015Scope 1 Intensity: 0.21 tCO2e/$MExlservice HoldingsYear: 2023Scope 1: 1,549 tCO2eRevenue: $M 1,631Scope 1 Intensity: 0.95 tCO2e/$MIngram Micro HoldingYear: 2023Scope 1: 9,519 tCO2eRevenue: $M 48,051Scope 1 Intensity: 0.20 tCO2e/$MConduentYear: 2023Scope 1: 13,483 tCO2eRevenue: $M 3,722Scope 1 Intensity: 3.62 tCO2e/$MDXC TechnologyYear: 2023Scope 1: 20,999 tCO2eRevenue: $M 14,430Scope 1 Intensity: 1.46 tCO2e/$MBroadridge Financial SolutionsYear: 2024Scope 1: 12,150 tCO2eRevenue: $M 6,507Scope 1 Intensity: 1.87 tCO2e/$MFiservYear: 2023Scope 1: 22,146 tCO2eRevenue: $M 19,093Scope 1 Intensity: 1.16 tCO2e/$MJack Henry & AssociatesYear: 2023Scope 1: 7,715 tCO2eRevenue: $M 2,078Scope 1 Intensity: 3.71 tCO2e/$MQualcommYear: 2023Scope 1: 80,589 tCO2eRevenue: $M 35,821Scope 1 Intensity: 2.25 tCO2e/$MAutomatic Data ProcessingYear: 2022Scope 1: 11,911 tCO2eRevenue: $M 16,046Scope 1 Intensity: 0.74 tCO2e/$MTD SynnexYear: 2023Scope 1: 11,767 tCO2eRevenue: $M 57,568Scope 1 Intensity: 0.20 tCO2e/$MCognizant Technology SolutionsYear: 2024Scope 1: 8,639 tCO2eRevenue: $M 19,737Scope 1 Intensity: 0.44 tCO2e/$M

How does Cognizant Technology Solutions's GHG emissions intensity compare to its peers?

In 2024, Cognizant Technology Solutions reported a Scope 1 emissions intensity of 0.44 tCO₂e per millions USD. Compared to the peer group median of 1.15 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Cognizant Technology Solutions rank on GHG emissions intensity within its industry?

In 2024, Cognizant Technology Solutions ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Cognizant Technology Solutions's Total Carbon Footprint

In 2024, Cognizant Technology Solutions reported a total carbon footprint of 701,403 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.98% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Cognizant Technology Solutions's total carbon footprint was Scope 3 emissions, accounting for 82.28% of the company's total carbon footprint, followed by Scope 2 emissions at 16.49%. a

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