Guidewire Software Inc
Guidewire Software's GHG Emissions Data Preview
In 2023, Guidewire Software 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).
Guidewire Software 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.  | 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. | 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. | 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. | 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. | 0000000 |
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aVerified Sources Behind Guidewire Software’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 Guidewire Software’s data sources below and access millions more through our Disclosure Search.
Insights into Guidewire Software's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Guidewire Software amounted to 1,337.6 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 Guidewire Software decreased by 24.04%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Guidewire Software's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Guidewire Software's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Guidewire Software were 30.8 metric tons of CO₂ equivalent (tCO₂e). a
Has Guidewire Software reduced its Scope 1 emissions over time?
Since 2020, Guidewire Software's Scope 1 emissions have decreased by 25.24%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Guidewire Software's Scope 1 emissions decreased by 9.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Guidewire Software's Scope 2 emissions?
In 2023, Guidewire Software reported Scope 2 greenhouse gas (GHG) emissions of 729 tCO₂e using the market-based method and 1,306.8 tCO₂e using the location-based method. a
Has Guidewire Software reduced its Scope 2 emissions over time?
Since 2020, Guidewire Software's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 22.61%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Guidewire Software's Scope 2 emissions (Location-Based) fell by 24.34% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Guidewire Software use for Scope 2 reporting?
In 2023, Guidewire Software reported its Scope 2 emissions using the market-based method and using the location-based method. a
Guidewire Software's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Guidewire Software's Value Chain Emissions
In 2023, Guidewire Software reported 27,323.4 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 Guidewire Software 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
Guidewire Software's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Guidewire Software's Scope 3 emissions?
In 2023, Guidewire Software reported total Scope 3 emissions of 27,323.4 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
Has Guidewire Software reduced its Scope 3 emissions over time?
Since 2020, Guidewire Software's Scope 3 emissions have decreased by 31.09%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Guidewire Software's Scope 3 emissions remained relatively stable, indicating that Guidewire Software 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Guidewire Software disclose?
In 2023, Guidewire Software 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 Guidewire Software's Scope 3 emissions?
In 2023, the largest contributors to Guidewire Software's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 14,326.3 tCO₂e (52.43%)
- Business Travel (Cat. 6): 6,366.5 tCO₂e (23.3%)
- Employee Commuting (Cat. 7): 5,641.7 tCO₂e (20.65%)
Guidewire Software's Scope 3 Emissions by Categories
Insights into Guidewire Software’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Guidewire Software reported Scope 1 greenhouse gas (GHG) emissions of 30.8 tCO₂e and total revenues of USD 906 millions. This translates into an emissions intensity of 0.03 tCO₂e per millions USD. a
Guidewire Software's Scope 1 Emissions Intensity Compared to Peers
How does Guidewire Software's GHG emissions intensity compare to its peers?
In 2023, Guidewire Software reported a Scope 1 emissions intensity of 0.03 tCO₂e per millions USD. Compared to the peer group median of 0.41 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Guidewire Software rank on GHG emissions intensity within its industry?
In 2023, Guidewire Software ranked 2 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Guidewire Software among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Guidewire Software's Total Carbon Footprint
In 2023, Guidewire Software reported a total carbon footprint of 28,661 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.47% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Guidewire Software's total carbon footprint was Scope 3 emissions, accounting for 95.33% of the company's total carbon footprint, followed by Scope 2 emissions at 4.56%. a