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Cyberark Software Ltd

Common Name

Cyberark Software

Country

Israel

Sector

Technology

Industry

Software - Infrastructure

Employees

3,793

Ticker

CYBR

Exchange

NASDAQ/NGS

Website

www.cyberark.com

Description

CyberArk Software Ltd is a leader in identity security and access management technologies. Specializing in privileged access management (PAM), CyberArk provides solutions that help organizations safeg... Show more

GHG Emissions Climate Targets EU Taxonomy Energy Waste Management

Cyberark Software's GHG Emissions Data Preview

In 2023, Cyberark Software 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) and Scope 2 (indirect emissions from purchased energy).

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

Metric (tCO2e)	2023	2022	2021	2020 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Scope 1 Revenue Intensity (tCO2e/$M) Total direct GHG emissions from categories that are owned or directly controlled by the company relative to the company's total revenues in USD for the corresponding fiscal year.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000

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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=CYBR&reporting_period=2024"

Verified Sources Behind Cyberark Software’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 Cyberark Software’s data sources below and access millions more through our Disclosure Search.

a. Cyberark Software's ESG Report 2023

Insights into Cyberark Software's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions ofCyberark Software amounted to2,122.02metric 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

Cyberark Software's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are Cyberark Software's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Cyberark Software were 167.77 metric tons of CO₂ equivalent (tCO₂e).^a

What are Cyberark Software's Scope 2 emissions?

In 2023, Cyberark Software reported Scope 2 greenhouse gas (GHG) emissions of 1,939.65 tCO₂e using the market-based method and 1,954.25 tCO₂e using the location-based method.^a

What methodology does Cyberark Software use for Scope 2 reporting?

In 2023, Cyberark Software reported its Scope 2 emissions using the market-based method and using the location-based method.^a

Cyberark Software's Scope 2 Emissions Over Time

Total Scope 2 Location-Based
Total Scope 2 Market-Based

Insights into Cyberark Software’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Cyberark Software reported Scope 1 greenhouse gas (GHG) emissions of 167.77 tCO₂e and total revenues of USD 752 millions. This translates into an emissions intensity of 0.22 tCO₂e per millions USD.^a

Cyberark Software's Scope 1 Emissions Intensity Compared to Peers

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

In 2023, Cyberark Software reported a Scope 1 emissions intensity of 0.22 tCO₂e per millions USD. Compared to the peer group median of 0.36, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.^a

Where does Cyberark Software rank on GHG emissions intensity within its industry?

In 2023, Cyberark Software ranked 7 out of 17 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).^a

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

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