📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.
Money Forward Inc
Money Forward's GHG Emissions Data Preview
In 2024, Money Forward 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).
Money Forward has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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. a | 0000000 |
Total Scope 2 | ||||
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.  a | 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.  a | 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. a | 0000000 |
a
a
a
a
a
aVerified Sources Behind Money Forward’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 Money Forward’s data sources below and access millions more through our Disclosure Search.
Insights into Money Forward's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMoney Forward amounted to327metric 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 Money Forwardincreased by 4.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Money Forward's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Money Forward's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Money Forward were 0 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
What are Money Forward's Scope 2 emissions?
In 2024, Money Forward reported Scope 2 greenhouse gas (GHG) emissions of 327 tCOâ‚‚e using the location-based method.a
Has Money Forward reduced its Scope 2 emissions over time?
Since 2021, Money Forward's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 103.11%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Money Forward's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Money Forward's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Money Forward use for Scope 2 reporting?
In 2024, Money Forward reported its Scope 2 emissions using the location-based method.a
Money Forward's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Money Forward's Value Chain Emissions
In 2024, Money Forward reported 291 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Money Forward includes a breakdown across 2of 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
Money Forward's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Money Forward's Scope 3 emissions?
In 2024, Money Forward reported total Scope 3 emissions of 291 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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 Money Forward reduced its Scope 3 emissions over time?
Since 2021, Money Forward's Scope 3 emissionshave remained relatively stable, indicating that Money Forward's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2023), Money Forward's Scope 3 emissions increased by 32.88%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Money Forward disclose?
In 2024, Money Forward reported emissions for 2 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 Money Forward's Scope 3 emissions?
In 2024, the largest contributors to Money Forward's Scope 3 emissions were:a
- Employee Commuting (Cat. 7): 254 tCOâ‚‚e(87.29%)
- Purchased Goods and Services (Cat. 1): 37 tCOâ‚‚e(12.71%)
Money Forward's Scope 3 Emissions by Categories
Insights into Money Forward's Total Carbon Footprint
In 2024, Money Forward reported a total carbon footprint of 618 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.17% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Money Forward's total carbon footprint was Scope 2 emissions, accounting for 52.91% of the company's total carbon footprint, followed by Scope 3 emissions at 47.09%.a