In 2024, monday.com 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).
However, monday.com has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 155a | 129b |
Total Scope 2 | ||
Unspecified Calculation Method | 1,227a | 969b |
Total Scope 3 | 58,565a | 50,153b |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.1595a | 0.1768b |
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In 2024, the total operational greenhouse gas (GHG) emissions of monday.com amounted to 1,382 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 monday.com increased by 25.87%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of monday.com were 155 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), monday.com's Scope 1 emissions increased by 20.16%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, monday.com reported Scope 2 greenhouse gas (GHG) emissions of 1,227 tCO₂e without specifying the calculation method.a
Compared to the previous year (2023), monday.com's Scope 2 emissions (Unspecified Calculation Method) rose by 26.63% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab
In 2024, monday.com reported its Scope 2 emissions using an unspecified methodology.a
In 2024, monday.com reported 58,565 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 monday.com includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 8 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, monday.com reported total Scope 3 emissions of 58,565 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), monday.com's Scope 3 emissions increased by 16.77%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, monday.com reported Scope 1 greenhouse gas (GHG) emissions of 155 tCO₂e and total revenues of USD 972 millions. This translates into an emissions intensity of 0.16 tCO₂e per millions USD.a
In 2024, monday.com reported a Scope 1 emissions intensity of 0.16 tCO₂e per millions USD. Compared to the peer group median of 0.29, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, monday.com ranked 8 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
monday.com is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, monday.com reported a total carbon footprint of 59,947 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.97% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to monday.com's total carbon footprint was Scope 3 emissions, accounting for 97.69% of the company's total carbon footprint, followed by Scope 2 emissions at 2.05%.a