In 2024, HubSpot 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).
HubSpot has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 0a | 0a | 0a | |
Total Scope 2 | ||||
Market-Based | 561a | 568a | 689a | |
Location-Based | 1,926a | 1,928a | 2,400a | |
Total Scope 3 | 61,619a | 62,239.6a | 51,557a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0a | 0a | 0a |
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In 2024, the total operational greenhouse gas (GHG) emissions of HubSpot amounted to 1,926 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 2023, the total operational greenhouse gas (GHG) emissions of HubSpot decreased by 0.1%, 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 HubSpot were 0 metric tons of CO₂ equivalent (tCO₂e).a
In 2024, HubSpot reported Scope 2 greenhouse gas (GHG) emissions of 561 tCO₂e using the market-based method and 1,926 tCO₂e using the location-based method.a
Compared to the previous year (2023), HubSpot's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that HubSpot's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, HubSpot reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, HubSpot reported 61,619 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 2024 disclosure of HubSpot includes a breakdown across 8 of 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, HubSpot reported total Scope 3 emissions of 61,619 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.04% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.96% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, HubSpot's Scope 3 emissions have increased by 1,559.55%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), HubSpot's Scope 3 emissions remained relatively stable, indicating that HubSpot's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, HubSpot reported emissions for 8 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 HubSpot's Scope 3 emissions were:a
In 2024, HubSpot reported a total carbon footprint of 63,545 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.97% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to HubSpot's total carbon footprint was Scope 3 emissions, accounting for 96.97% of the company's total carbon footprint, followed by Scope 2 emissions at 3.03%.a