GFT Technologies SE
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) | 2023 | 2022 | 2021 | 2020 - 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 |
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.  a | 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 |
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aVerified Sources Behind GFT Technologies’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 GFT Technologies’s data sources below and access millions more through our Disclosure Search.
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). 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
GFT Technologies's Scope 1 Emissions Over Time
- 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 CO₂ equivalent (tCO₂e). a
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. 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
What are GFT Technologies's Scope 2 emissions?
In 2023, GFT Technologies reported Scope 2 greenhouse gas (GHG) emissions of 392 tCO₂e using the market-based method and 1,509 tCO₂e using the location-based method. a
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. 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
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. a
GFT Technologies's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into GFT Technologies's Value Chain Emissions
In 2023, GFT Technologies reported 17,879 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 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
GFT Technologies's Scope 3 Emissions Over Time
- 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 17,879 metric tons of CO₂ equivalent (tCO₂e). 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
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. a
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: a
- Use of Sold Products (Cat. 11): 7,114 tCO₂e (39.79%)
- Purchased Goods and Services (Cat. 1): 5,489 tCO₂e (30.7%)
- Employee Commuting (Cat. 7): 2,257 tCO₂e (12.62%)
GFT Technologies's Scope 3 Emissions by Categories
Insights into GFT Technologies’s GHG Emissions Intensity Compared to Industry Peers
In 2023, GFT Technologies reported Scope 1 greenhouse gas (GHG) emissions of 1,624 tCO₂e and total revenues of USD 887 millions. This translates into an emissions intensity of 1.83 tCO₂e per millions USD. a
GFT Technologies's Scope 1 Emissions Intensity Compared to Peers
How does GFT Technologies's GHG emissions intensity compare to its peers?
In 2023, GFT Technologies reported a Scope 1 emissions intensity of 1.83 tCO₂e per millions USD. Compared to the peer group median of 0.61 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does GFT Technologies rank on GHG emissions intensity within its industry?
In 2023, GFT Technologies ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
Insights into GFT Technologies's Total Carbon Footprint
In 2023, GFT Technologies reported a total carbon footprint of 21,012 metric tons of CO₂ equivalent (tCO₂e) 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