Dropbox Inc

Common Name
Dropbox
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
2,204
Ticker
DBX
Exchange
NASDAQ/NGS
Description
Dropbox Inc. is a prominent technology company specializing in cloud-based file storage and collaboration solutions. Its primary service, the Dropbox platform, facilitates secure file storage, sharing...

Dropbox's GHG Emissions Data Preview

In 2023, Dropbox 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).

Dropbox has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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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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0000000
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Verified Sources Behind Dropbox’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 Dropbox’s data sources below and access millions more through our Disclosure Search.

a. Dropbox's Impact Report 2023
a. Dropbox's Impact Report 2023

Insights into Dropbox's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Dropbox amounted to 37,288 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 2022, the total operational greenhouse gas (GHG) emissions of Dropbox decreased by 1.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Dropbox's Scope 1 Emissions Over Time

2019202020212022202304509001.35 k1.8 ktCO2e+110%-35%-27%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Dropbox's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Dropbox were 699 metric tons of CO₂ equivalent (tCO₂e). a

Has Dropbox reduced its Scope 1 emissions over time?

Since 2019, Dropbox's Scope 1 emissions have decreased by 9.57%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Dropbox's Scope 1 emissions decreased by 8.98%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Dropbox's Scope 2 emissions?

In 2023, Dropbox reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 36,589 tCO₂e using the location-based method. a

Has Dropbox reduced its Scope 2 emissions over time?

Since 2019, Dropbox's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 32.99%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Dropbox's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Dropbox 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Dropbox use for Scope 2 reporting?

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

Dropbox's Scope 2 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Dropbox's Value Chain Emissions

In 2023, Dropbox reported 3,364 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 2023 disclosure of Dropbox includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Dropbox's Scope 3 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-92%-90%+4015%+99%
  • Total Scope 3
  • Year-over-Year Change

What are Dropbox's Scope 3 emissions?

In 2023, Dropbox reported total Scope 3 emissions of 3,364 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Dropbox reduced its Scope 3 emissions over time?

Since 2019, Dropbox's Scope 3 emissions have decreased by 34.21%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Dropbox's Scope 3 emissions increased by 99.41%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Dropbox disclose?

In 2023, Dropbox reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Dropbox's Scope 3 emissions?

In 2023, the largest contributors to Dropbox's Scope 3 emissions were: a

  • Business Travel (Cat. 6): 3,364 tCO₂e (100%)

Dropbox's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

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

In 2023, Dropbox reported Scope 1 greenhouse gas (GHG) emissions of 699 tCO₂e and total revenues of USD 2,502 millions. This translates into an emissions intensity of 0.28 tCO₂e per millions USD. a

Dropbox'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: $M 1,832Scope 1 Intensity: 0.08 tCO2e/$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: $M 535Scope 1 Intensity: 2.41 tCO2e/$MTwilioYear: 2023Scope 1: 866 tCO2eRevenue: $M 4,154Scope 1 Intensity: 0.21 tCO2e/$MAmdocsYear: 2023Scope 1: 1,141 tCO2eRevenue: $M 4,887Scope 1 Intensity: 0.23 tCO2e/$MDropboxYear: 2023Scope 1: 699 tCO2eRevenue: $M 2,502Scope 1 Intensity: 0.28 tCO2e/$M

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

In 2023, Dropbox reported a Scope 1 emissions intensity of 0.28 tCO₂e per millions USD. Compared to the peer group median of 0.23 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2023, Dropbox ranked 15 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Dropbox's Total Carbon Footprint

In 2023, Dropbox reported a total carbon footprint of 40,652 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.17% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Dropbox's total carbon footprint was Scope 2 emissions, accounting for 90.01% of the company's total carbon footprint, followed by Scope 3 emissions at 8.28%. a

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