GFT Technologies SE

Common Name
GFT Technologies
Country
Germany
Sector
Technology
Industry
Information Technology Services
Employees
11,506
Ticker
GFT
Exchange
XETRA
Description
GFT Technologies SE is a specialist in digital transformation, particularly within the financial services industry. The company focuses on providing IT solutions and services, aiding businesses in nav...

GFT Technologies's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into GFT Technologies's Operational Emissions

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).

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.

GFT Technologies's Scope 1 Emissions Over Time

20182019202020212022202304509001.35 k1.8 ktCO2e+17%-37%+13%+28%+48%
  • Total Scope 1
  • Year-over-Year Change

What are GFT Technologies's Scope 1 emissions?

In 2023, the total Scope 1 emissions of GFT Technologies were 1,624 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has GFT Technologies reduced its Scope 1 emissions over time?

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.

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.

What are GFT Technologies's Scope 2 emissions?

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.

Has GFT Technologies reduced its Scope 2 emissions over time?

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.

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

What methodology does GFT Technologies use for Scope 2 reporting?

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

GFT Technologies's Scope 2 Emissions Over Time

20182019202020212022202307001.4 k2.1 k2.8 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into GFT Technologies's Value Chain Emissions

In 2023, GFT Technologies reported 17,872 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

GFT Technologies's Scope 3 Emissions Over Time

202020212022202307.5 k15 k22.5 k30 ktCO2e-56%+63%-13%
  • Total Scope 3
  • Year-over-Year Change

What are GFT Technologies's Scope 3 emissions?

In 2023, GFT Technologies reported total Scope 3 emissions of 17,872 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 60.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 39.81% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), GFT Technologies's Scope 3 emissions decreased by 12.8%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does GFT Technologies disclose?

In 2023, GFT Technologies reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2023, the largest contributors to GFT Technologies's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 7,114 tCOâ‚‚e (39.81%)
  • Purchased Goods and Services (Cat. 1): 5,489 tCOâ‚‚e (30.71%)
  • Employee Commuting (Cat. 7): 2,257 tCOâ‚‚e (12.63%)

GFT Technologies's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(39.8%)Purchased Goods andServices (Cat. 1)(30.7%)Employee Commuting(Cat. 7)(12.6%)

Insights into GFT Technologies's Total Carbon Footprint

In 2023, GFT Technologies reported a total carbon footprint of 21,005 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.58% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to GFT Technologies's total carbon footprint was Scope 3 emissions, accounting for 85.08% of the company's total carbon footprint, followed by Scope 1 emissions at 7.73%.