Elastic NV

Common Name
Elastic
Country
Netherlands
Sector
Technology
Industry
Software - Application
Employees
3,711
Ticker
ESTC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Elastic N.V. is a software company known for developing and providing solutions that enable businesses and organizations to search, analyze, and visualize data in real time. The company's primary prod...

Elastic's GHG Emissions Data Preview

In 2023, Elastic 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).

Elastic has also provided a category-level breakdown for 8 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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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Elastic’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 Elastic’s data sources below and access millions more through our Disclosure Search.

a. Elastic's Sustainability Report 2023
a. Elastic's Sustainability Report 2023

Insights into Elastic's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Elastic amounted to 326 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 Elastic decreased by 14.21%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Elastic's Scope 1 Emissions Over Time

202020212022202303570105140tCO2e+24%+11%-22%
  • Total Scope 1
  • Year-over-Year Change

What are Elastic's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Elastic were 95 metric tons of CO₂ equivalent (tCO₂e). a

Has Elastic reduced its Scope 1 emissions over time?

Since 2020, Elastic's Scope 1 emissions have increased by 6.74%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Elastic's Scope 1 emissions decreased by 22.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Elastic's Scope 2 emissions?

In 2023, Elastic reported Scope 2 greenhouse gas (GHG) emissions of 236 tCO₂e using the market-based method and 231 tCO₂e using the location-based method. a

Has Elastic reduced its Scope 2 emissions over time?

Since 2020, Elastic's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 27.81%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Elastic's Scope 2 emissions (Location-Based) fell by 10.47% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Elastic use for Scope 2 reporting?

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

Elastic's Scope 2 Emissions Over Time

2020202120222023085170255340tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Elastic's Value Chain Emissions

In 2023, Elastic reported 46,610 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 Elastic includes a breakdown across 8 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

Elastic's Scope 3 Emissions Over Time

2020202120222023015 k30 k45 k60 ktCO2e+12%+49%+48%
  • Total Scope 3
  • Year-over-Year Change

What are Elastic's Scope 3 emissions?

In 2023, Elastic reported total Scope 3 emissions of 46,610 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 99.7% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.3% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Elastic reduced its Scope 3 emissions over time?

Since 2020, Elastic's Scope 3 emissions have increased by 146.37%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Elastic's Scope 3 emissions increased by 47.62%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Elastic disclose?

In 2023, Elastic reported emissions for 8 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 Elastic's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 34,200 tCO₂e (73.37%)
  • Business Travel (Cat. 6): 8,340 tCO₂e (17.89%)
  • Employee Commuting (Cat. 7): 2,600 tCO₂e (5.58%)

Elastic's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(17.9%)Employee Commuting(Cat. 7)(5.6%)Purchased Goods andServices (Cat. 1)(73.4%)

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

In 2023, Elastic reported Scope 1 greenhouse gas (GHG) emissions of 95 tCO₂e and total revenues of USD 1,069 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD. a

Elastic's Scope 1 Emissions Intensity Compared to Peers

51001,00010,000100,000Scope 1 Emissions (tCO2e)1002001,0002,0005,000Revenues (Millions of USD)7XeroYear: 2024Scope 1: 11 tCO2eRevenue: $M 1,028Scope 1 Intensity: 0.01 tCO2e/$MKingsoft Cloud HoldingsYear: 2023Scope 1: 67 tCO2eRevenue: $M 992Scope 1 Intensity: 0.07 tCO2e/$MCommvault SystemsYear: 2024Scope 1: 373 tCO2eRevenue: $M 839Scope 1 Intensity: 0.44 tCO2e/$MWorkivaYear: 2023Scope 1: 258 tCO2eRevenue: $M 630Scope 1 Intensity: 0.41 tCO2e/$MTata ElxsiYear: 2024Scope 1: 107 tCO2eRevenue: $M 426Scope 1 Intensity: 0.25 tCO2e/$MTemenosYear: 2024Scope 1: 502 tCO2eRevenue: $M 842Scope 1 Intensity: 0.60 tCO2e/$MPaylocity HoldingYear: 2025Scope 1: 79 tCO2eRevenue: $M 1,596Scope 1 Intensity: 0.05 tCO2e/$MGlodonYear: 2023Scope 1: 15 tCO2eRevenue: $M 926Scope 1 Intensity: 0.02 tCO2e/$M7774SoftwareYear: 2024Scope 1: 1,328 tCO2eRevenue: $M 481Scope 1 Intensity: 2.76 tCO2e/$MKingsoft OfficeYear: 2023Scope 1: 238 tCO2eRevenue: $M 641Scope 1 Intensity: 0.37 tCO2e/$Mmonday.comYear: 2024Scope 1: 155 tCO2eRevenue: $M 972Scope 1 Intensity: 0.16 tCO2e/$MNiceYear: 2022Scope 1: 495 tCO2eRevenue: $M 2,182Scope 1 Intensity: 0.23 tCO2e/$MAsanaYear: 2024Scope 1: 243 tCO2eRevenue: $M 724Scope 1 Intensity: 0.34 tCO2e/$MBlackbaudYear: 2023Scope 1: 52 tCO2eRevenue: $M 1,106Scope 1 Intensity: 0.05 tCO2e/$MBrazeYear: 2024Scope 1: 216 tCO2eRevenue: $M 593Scope 1 Intensity: 0.36 tCO2e/$MnCinoYear: 2024Scope 1: 2,749 tCO2eRevenue: $M 541Scope 1 Intensity: 5.08 tCO2e/$MGrab HoldingsYear: 2023Scope 1: 36,186 tCO2eRevenue: $M 2,359Scope 1 Intensity: 15.34 tCO2e/$MAisinoYear: 2023Scope 1: 4,718 tCO2eRevenue: $M 1,769Scope 1 Intensity: 2.67 tCO2e/$MNemetschekYear: 2024Scope 1: 1,971 tCO2eRevenue: $M 1,036Scope 1 Intensity: 1.90 tCO2e/$MElasticYear: 2023Scope 1: 95 tCO2eRevenue: $M 1,069Scope 1 Intensity: 0.09 tCO2e/$M

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

In 2023, Elastic reported a Scope 1 emissions intensity of 0.09 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 Elastic rank on GHG emissions intensity within its industry?

In 2023, Elastic ranked 6 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Elastic's Total Carbon Footprint

In 2023, Elastic reported a total carbon footprint of 46,936 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 46.88% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Elastic's total carbon footprint was Scope 3 emissions, accounting for 99.31% of the company's total carbon footprint, followed by Scope 2 emissions at 0.49%. a

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