📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.
Fortinet Inc
Fortinet's GHG Emissions Data Preview
In 2024, Fortinet 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).
Fortinet has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
a
aVerified Sources Behind Fortinet’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 Fortinet’s data sources below and access millions more through our Disclosure Search.
Insights into Fortinet's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofFortinet amounted to11,445.2metric 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 Fortinetincreased by 69.55%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Fortinet's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Fortinet's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Fortinet were 1,606.4 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Fortinet reduced its Scope 1 emissions over time?
Since 2019, Fortinet's Scope 1 emissions have increased by 38.57%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Fortinet's Scope 1 emissions increased by 20.94%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Fortinet's Scope 2 emissions?
In 2024, Fortinet reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 9,838.8 tCOâ‚‚e using the location-based method.a
Has Fortinet reduced its Scope 2 emissions over time?
Compared to the previous year(2023), Fortinet's Scope 2 emissions(Location-Based) rose by 81.45% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Fortinet use for Scope 2 reporting?
In 2024, Fortinet reported its Scope 2 emissions using the market-based method and using the location-based method.a
Fortinet's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Fortinet's Value Chain Emissions
In 2024, Fortinet reported 1,855,416 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Fortinet includes a breakdown across 11of 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
Fortinet's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Fortinet's Scope 3 emissions?
In 2024, Fortinet reported total Scope 3 emissions of 1,855,416 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 8.86%of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.14%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Fortinet's Scope 3 emissions remained relatively stable, indicating that Fortinet's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Fortinet disclose?
In 2024, Fortinet reported emissions for 11 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 Fortinet's Scope 3 emissions?
In 2024, the largest contributors to Fortinet's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 1,690,540 tCOâ‚‚e(91.11%)
- Purchased Goods and Services (Cat. 1): 110,259 tCOâ‚‚e(5.94%)
- Employee Commuting (Cat. 7): 16,936 tCOâ‚‚e(0.91%)
Fortinet's Scope 3 Emissions by Categories
Insights into Fortinet’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Fortinet reported Scope 1 greenhouse gas (GHG) emissions of 1,606.4 tCOâ‚‚e and total revenues of USD 5,956 millions. This translates into an emissions intensity of 0.27 tCOâ‚‚e per millions USD.a
Fortinet's Scope 1 Emissions Intensity Compared to Peers
How does Fortinet's GHG emissions intensity compare to its peers?
In 2024, Fortinet reported a Scope 1 emissions intensity of 0.27 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.21, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Fortinet rank on GHG emissions intensity within its industry?
In 2024, Fortinet ranked 14 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Fortinet is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Fortinet's Total Carbon Footprint
In 2024, Fortinet reported a total carbon footprint of 1,866,861.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.07% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Fortinet's total carbon footprint was Scope 3 emissions, accounting for 99.39% of the company's total carbon footprint, followed by Scope 2 emissions at 0.53%.a