Money Forward Inc
Money Forward's GHG Emissions Data Preview
In 2023, Money Forward completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Money Forward's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Money Forward amounted to 313 metric tons of CO2 equivalent. This figure reflects indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Money Forward increased by 24.21%, suggesting that the company faced challenges in reducing its emissions from its core operations.
What are Money Forward's Scope 2 emissions?
In 2023, Money Forward reported Scope 2 greenhouse gas (GHG) emissions of 313 tCOâ‚‚e using the location-based method.
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 94.41%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Money Forward's Scope 2 emissions (Location-Based) rose by 24.21% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does Money Forward use for Scope 2 reporting?
In 2023, Money Forward reported its Scope 2 emissions using the location-based method.
Money Forward's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Money Forward's Value Chain Emissions
In 2023, Money Forward reported 219 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Money Forward includes a breakdown across 2 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.
Money Forward's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Money Forward's Scope 3 emissions?
In 2023, Money Forward reported total Scope 3 emissions of 219 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has Money Forward reduced its Scope 3 emissions over time?
Since 2021, Money Forward's Scope 3 emissions have decreased by 20.94%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Money Forward's Scope 3 emissions decreased by 24.48%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Money Forward disclose?
In 2023, Money Forward reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
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 2023, the largest contributors to Money Forward's Scope 3 emissions were:
- Employee Commuting (Cat. 7): 154 tCOâ‚‚e (70.32%)
- Purchased Goods and Services (Cat. 1): 65 tCOâ‚‚e (29.68%)