In 2023, GFT Technologies 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).
GFT Technologies has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Scope 1 | 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 2 | ||||
Market-Based | 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 |
Location-Based | 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 |
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In 2023, the total operational greenhouse gas (GHG) emissions of GFT Technologies amounted to 3,133 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 GFT Technologies increased by 57.44%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2023, the total Scope 1 emissions of GFT Technologies were 1,624 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a
Since 2018, GFT Technologies's Scope 1 emissions have increased by 58.75%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), GFT Technologies's Scope 1 emissions increased by 48.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2023, GFT Technologies reported Scope 2 greenhouse gas (GHG) emissions of 392 tCOâ‚‚e using the market-based method and 1,509 tCOâ‚‚e using the location-based method. a
Since 2018, GFT Technologies's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 44.91%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), GFT Technologies's Scope 2 emissions (Location-Based) rose by 68.98% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
In 2023, GFT Technologies reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2023, GFT Technologies reported 17,879 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 2023 disclosure of GFT Technologies includes a breakdown across 6 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
In 2023, GFT Technologies reported total Scope 3 emissions of 17,879 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a
Approximately 60.21% of these emissions originated from upstream activities such as purchased goods and capital goods, while 39.79% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), GFT Technologies's Scope 3 emissions decreased by 12.67%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2023, GFT Technologies reported emissions for 6 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.
In 2023, the largest contributors to GFT Technologies's Scope 3 emissions were: a
In 2023, GFT Technologies reported a total carbon footprint of 21,012 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.46% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to GFT Technologies's total carbon footprint was Scope 3 emissions, accounting for 85.09% of the company's total carbon footprint, followed by Scope 1 emissions at 7.73%. a