monday.com Ltd
monday.com's GHG Emissions Data Preview
In 2023, 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).
monday.com 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) | 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 | ||||
Unspecified Calculation Method | 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 monday.com’s Greenhouse Gas (GHG) Emissions Data
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Insights into monday.com's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of monday.com amounted to 1,098 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
monday.com's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are monday.com's Scope 1 emissions?
In 2023, the total Scope 1 emissions of monday.com were 129 metric tons of CO₂ equivalent (tCO₂e). a
What are monday.com's Scope 2 emissions?
In 2023, monday.com reported Scope 2 greenhouse gas (GHG) emissions of 969 tCO₂e without specifying the calculation method. a
What methodology does monday.com use for Scope 2 reporting?
In 2023, monday.com reported its Scope 2 emissions using an unspecified methodology. a
monday.com's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into monday.com's Value Chain Emissions
In 2023, monday.com reported 50,153 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 monday.com includes a breakdown across 8 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
monday.com's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are monday.com's Scope 3 emissions?
In 2023, monday.com reported total Scope 3 emissions of 50,153 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 87.26% of these emissions originated from upstream activities such as purchased goods and capital goods, while 12.74% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does monday.com disclose?
In 2023, monday.com 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.
What are the main sources of monday.com's Scope 3 emissions?
In 2023, the largest contributors to monday.com's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 33,586 tCO₂e (66.97%)
- Use of Sold Products (Cat. 11): 6,382 tCO₂e (12.73%)
- Business Travel (Cat. 6): 4,219 tCO₂e (8.41%)
monday.com's Scope 3 Emissions by Categories
Insights into monday.com’s GHG Emissions Intensity Compared to Industry Peers
In 2023, monday.com reported Scope 1 greenhouse gas (GHG) emissions of 129 tCO₂e and total revenues of USD 730 millions. This translates into an emissions intensity of 0.18 tCO₂e per millions USD. a
monday.com's Scope 1 Emissions Intensity Compared to Peers
How does monday.com's GHG emissions intensity compare to its peers?
In 2023, monday.com reported a Scope 1 emissions intensity of 0.18 tCO₂e per millions USD. Compared to the peer group median of 0.43, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does monday.com rank on GHG emissions intensity within its industry?
In 2023, monday.com ranked 6 out of 18 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
Insights into monday.com's Total Carbon Footprint
In 2023, monday.com reported a total carbon footprint of 51,251 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. a
The largest contributor to monday.com's total carbon footprint was Scope 3 emissions, accounting for 97.86% of the company's total carbon footprint, followed by Scope 2 emissions at 1.89%. a