F5 Inc

Common Name
F5
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
6,159
Ticker
FFIV
Exchange
NASDAQ/NGS
Website
www.f5.com
Description
F5, Inc. operates as a provider of multi-cloud application services, focusing on enhancing the performance, security, and availability of applications for enterprise and service provider customers. Th...

F5's GHG Emissions Data Preview

In 2023, F5 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).

F5 has also provided a category-level breakdown for 10 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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a
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a
0000000
Total Scope 2
Market-Based
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a
0000000
Location-Based
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0000000
Total Scope 3
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind F5’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 F5’s data sources below and access millions more through our Disclosure Search.

a. F5's ESG Report 2023
a. F5's ESG Report 2023
b. F5's ESG Report 2021
b. F5's ESG Report 2021

Insights into F5's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of F5 amounted to 7,951 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 F5 increased by 28.84%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

F5's Scope 1 Emissions Over Time

2019202020212022202303507001.05 k1.4 ktCO2e-2%+156%-37%-3%
  • Total Scope 1
  • Year-over-Year Change

What are F5's Scope 1 emissions?

In 2023, the total Scope 1 emissions of F5 were 781 metric tons of CO₂ equivalent (tCO₂e). a

Has F5 reduced its Scope 1 emissions over time?

Since 2019, F5's Scope 1 emissions have increased by 52.84%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), F5's Scope 1 emissions decreased by 2.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are F5's Scope 2 emissions?

In 2023, F5 reported Scope 2 greenhouse gas (GHG) emissions of 2,929 tCO₂e using the market-based method and 7,170 tCO₂e using the location-based method. a

What methodology does F5 use for Scope 2 reporting?

In 2023, F5 reported its Scope 2 emissions using the market-based method and using the location-based method. a

F5's Scope 2 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into F5's Value Chain Emissions

In 2023, F5 reported 136,415 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 F5 includes a breakdown across 10 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

F5's Scope 3 Emissions Over Time

202120222023050 k100 k150 k200 ktCO2e+11%-30%
  • Total Scope 3
  • Year-over-Year Change

What are F5's Scope 3 emissions?

In 2023, F5 reported total Scope 3 emissions of 136,415 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 43.89% of these emissions originated from upstream activities such as purchased goods and capital goods, while 56.11% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), F5's Scope 3 emissions decreased by 30.45%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does F5 disclose?

In 2023, F5 reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of F5's Scope 3 emissions?

In 2023, the largest contributors to F5's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 76,531 tCO₂e (56.1%)
  • Capital Goods (Cat. 2): 22,933 tCO₂e (16.81%)
  • Purchased Goods and Services (Cat. 1): 14,184 tCO₂e (10.4%)

F5's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(10.4%)Capital Goods(Cat. 2)(16.8%)Use of Sold Products(Cat. 11)(56.1%)

Insights into F5’s GHG Emissions Intensity Compared to Industry Peers

In 2023, F5 reported Scope 1 greenhouse gas (GHG) emissions of 781 tCO₂e and total revenues of USD 2,813 millions. This translates into an emissions intensity of 0.28 tCO₂e per millions USD. a

F5's Scope 1 Emissions Intensity Compared to Peers

101005005,00050,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)SamsaraYear: 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: $M 4,574Scope 1 Intensity: 0.18 tCO2e/$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: $M 1,832Scope 1 Intensity: 0.08 tCO2e/$MDropboxYear: 2023Scope 1: 699 tCO2eRevenue: $M 2,502Scope 1 Intensity: 0.28 tCO2e/$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: $M 4,154Scope 1 Intensity: 0.21 tCO2e/$MPalo Alto NetworksYear: 2024Scope 1: 1,766 tCO2eRevenue: $M 8,027Scope 1 Intensity: 0.22 tCO2e/$MF5Year: 2023Scope 1: 781 tCO2eRevenue: $M 2,813Scope 1 Intensity: 0.28 tCO2e/$M

How does F5's GHG emissions intensity compare to its peers?

In 2023, F5 reported a Scope 1 emissions intensity of 0.28 tCO₂e per millions USD. Compared to the peer group median of 0.24 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does F5 rank on GHG emissions intensity within its industry?

In 2023, F5 ranked 13 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

F5 is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into F5's Total Carbon Footprint

In 2023, F5 reported a total carbon footprint of 144,366 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.64% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to F5's total carbon footprint was Scope 3 emissions, accounting for 94.49% of the company's total carbon footprint, followed by Scope 2 emissions at 4.97%. a

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