Globant SA
Globant's GHG Emissions Data Preview
In 2023, Globant 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).
Globant has also provided a category-level breakdown for 4 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.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | 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.  a | 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. | Copy restricted. Please purchase to unlock this data. | 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. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Verified Sources Behind Globant’s Greenhouse Gas (GHG) Emissions Data
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Insights into Globant's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Globant amounted to 2,858.71 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
Globant's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Globant's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Globant were 84.91 metric tons of CO₂ equivalent (tCO₂e). a
What are Globant's Scope 2 emissions?
In 2023, Globant reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 2,773.8 tCO₂e using the location-based method. a
What methodology does Globant use for Scope 2 reporting?
In 2023, Globant reported its Scope 2 emissions using the market-based method and using the location-based method. a
Globant's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Globant's Value Chain Emissions
In 2023, Globant reported 19,733.5 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 Globant includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Globant's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Globant's Scope 3 emissions?
In 2023, Globant reported total Scope 3 emissions of 19,733.5 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does Globant disclose?
In 2023, Globant reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Globant's Scope 3 emissions?
In 2023, the largest contributors to Globant's Scope 3 emissions were: a
- Capital Goods (Cat. 2): 7,726.41 tCO₂e (39.15%)
- Business Travel (Cat. 6): 6,814.73 tCO₂e (34.53%)
- Employee Commuting (Cat. 7): 5,014.2 tCO₂e (25.41%)
Globant's Scope 3 Emissions by Categories
Insights into Globant’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Globant reported Scope 1 greenhouse gas (GHG) emissions of 84.91 tCO₂e and total revenues of USD 2,097 millions. This translates into an emissions intensity of 0.04 tCO₂e per millions USD. a
Globant's Scope 1 Emissions Intensity Compared to Peers
How does Globant's GHG emissions intensity compare to its peers?
In 2023, Globant reported a Scope 1 emissions intensity of 0.04 tCO₂e per millions USD. Compared to the peer group median of 0.57, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Globant rank on GHG emissions intensity within its industry?
In 2023, Globant ranked 2 out of 18 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Globant among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Globant's Total Carbon Footprint
In 2023, Globant reported a total carbon footprint of 22,592.21 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. a
The largest contributor to Globant's total carbon footprint was Scope 3 emissions, accounting for 87.35% of the company's total carbon footprint, followed by Scope 2 emissions at 12.28%. a