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In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 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 2024, the total operational greenhouse gas (GHG) emissions ofGFT Technologies amounted to2,680metric 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 GFT Technologiesdecreased by 16.59%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of GFT Technologies were 1,638 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, GFT Technologies's Scope 1 emissions have increased by 36.84%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), GFT Technologies's Scope 1 emissions decreased by 3.87%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, GFT Technologies reported Scope 2 greenhouse gas (GHG) emissions of 606 tCOâ‚‚e using the market-based method and 1,042 tCOâ‚‚e using the location-based method.a
Since 2019, GFT Technologies's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 49.17%, reflecting a declining long-term trend in Scope 2 emissions over time.ad
Compared to the previous year(2023), GFT Technologies's Scope 2 emissions(Location-Based) fell by 30.95% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, GFT Technologies reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, GFT Technologies reported 19,292 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 GFT Technologies includes a breakdown across 6of 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
In 2024, GFT Technologies reported total Scope 3 emissions of 19,292 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 82.26%of these emissions originated from upstream activities such as purchased goods and capital goods, while 17.74%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), GFT Technologies's Scope 3 emissions remained relatively stable, indicating that GFT Technologies's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, 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 2024, the largest contributors to GFT Technologies's Scope 3 emissions were:a
In 2024, GFT Technologies reported Scope 1 greenhouse gas (GHG) emissions of 1,638 tCOâ‚‚e and total revenues of USD 906 millions. This translates into an emissions intensity of 1.81 tCOâ‚‚e per millions USD.a
In 2024, GFT Technologies reported a Scope 1 emissions intensity of 1.81 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.75, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, GFT Technologies ranked 14 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
GFT Technologies is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, GFT Technologies reported a total carbon footprint of 21,972 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.46% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to GFT Technologies's total carbon footprint was Scope 3 emissions, accounting for 87.8% of the company's total carbon footprint, followed by Scope 1 emissions at 7.45%.a