Nice Ltd

Common Name
Nice
Country
Israel
Sector
Technology
Industry
Software - Application
Employees
8,726
Ticker
NICE
Exchange
TEL AVIV STOCK EXCHANGE
Description
Nice Ltd. is a global enterprise software company specializing in advanced cloud platforms and AI-driven digital business solutions. The company is renowned for its CXone platform, a cloud-native solu...

Nice's GHG Emissions Data Preview

In 2022, Nice 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, Nice has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2022202120202019 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Nice’s Greenhouse Gas (GHG) Emissions Data

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a. Nice's ESG Report 2022
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Insights into Nice's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Nice amounted to 22,198.26 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 2021, the total operational greenhouse gas (GHG) emissions of Nice increased by 17.19%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Nice's Scope 1 Emissions Over Time

2020202120220200400600800tCO2e-22%-9%
  • Total Scope 1
  • Year-over-Year Change

What are Nice's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Nice were 495.26 metric tons of CO₂ equivalent (tCO₂e). a

Has Nice reduced its Scope 1 emissions over time?

Since 2020, Nice's Scope 1 emissions have decreased by 28.38%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2021), Nice's Scope 1 emissions decreased by 8.71%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Nice's Scope 2 emissions?

In 2022, Nice reported Scope 2 greenhouse gas (GHG) emissions of 21,703 tCO₂e using the location-based method. a

Has Nice reduced its Scope 2 emissions over time?

Since 2020, Nice's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Nice 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2021), Nice's Scope 2 emissions (Location-Based) rose by 17.96% in 2022, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Nice use for Scope 2 reporting?

In 2022, Nice reported its Scope 2 emissions using the location-based method. a

Nice's Scope 2 Emissions Over Time

20202021202206 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based

Insights into Nice's Value Chain Emissions

In 2022, Nice reported 296 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 2022 disclosure of Nice includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Nice's Scope 3 Emissions Over Time

20202021202202505007501 ktCO2e+43%-65%
  • Total Scope 3
  • Year-over-Year Change

What are Nice's Scope 3 emissions?

In 2022, Nice reported total Scope 3 emissions of 296 metric tons of CO₂ equivalent (tCO₂e). a

Has Nice reduced its Scope 3 emissions over time?

Since 2020, Nice's Scope 3 emissions have decreased by 49.32%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2021), Nice's Scope 3 emissions decreased by 64.64%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into Nice’s GHG Emissions Intensity Compared to Industry Peers

In 2022, Nice reported Scope 1 greenhouse gas (GHG) emissions of 495.26 tCO₂e and total revenues of USD 2,182 millions. This translates into an emissions intensity of 0.23 tCO₂e per millions USD. a

Nice's Scope 1 Emissions Intensity Compared to Peers

0.551001,00010,000Scope 1 Emissions (tCO2e)201005001,0005,000Revenues (Millions of USD)7WorkivaYear: 2023Scope 1: 258 tCO2eRevenue: $M 630Scope 1 Intensity: 0.41 tCO2e/$MTata ElxsiYear: 2024Scope 1: 107 tCO2eRevenue: $M 426Scope 1 Intensity: 0.25 tCO2e/$MPagerDutyYear: 2024Scope 1: 32 tCO2eRevenue: $M 468Scope 1 Intensity: 0.07 tCO2e/$M7774SoftwareYear: 2024Scope 1: 1,328 tCO2eRevenue: $M 481Scope 1 Intensity: 2.76 tCO2e/$MKingsoft OfficeYear: 2023Scope 1: 238 tCO2eRevenue: $M 641Scope 1 Intensity: 0.37 tCO2e/$MDoubleVerify HoldingsYear: 2023Scope 1: 257 tCO2eRevenue: $M 573Scope 1 Intensity: 0.45 tCO2e/$MPAR TechnologyYear: 2023Scope 1: 515 tCO2eRevenue: $M 416Scope 1 Intensity: 1.24 tCO2e/$MAsanaYear: 2024Scope 1: 243 tCO2eRevenue: $M 724Scope 1 Intensity: 0.34 tCO2e/$MQuadientYear: 2024Scope 1: 6,051 tCO2eRevenue: $M 1,136Scope 1 Intensity: 5.33 tCO2e/$MObicYear: 2024Scope 1: 218 tCO2eRevenue: $M 737Scope 1 Intensity: 0.30 tCO2e/$MShanghai Baosight SoftwareYear: 2023Scope 1: 164 tCO2eRevenue: $M 1,817Scope 1 Intensity: 0.09 tCO2e/$MNewborn TownYear: 2023Scope 1: 16 tCO2eRevenue: $M 509Scope 1 Intensity: 0.03 tCO2e/$MElasticYear: 2023Scope 1: 95 tCO2eRevenue: $M 1,069Scope 1 Intensity: 0.09 tCO2e/$MLife360Year: 2021Scope 1: 0 tCO2eRevenue: $M 71Scope 1 Intensity: 0.00 tCO2e/$MBrazeYear: 2024Scope 1: 216 tCO2eRevenue: $M 593Scope 1 Intensity: 0.36 tCO2e/$MAsiaInfo TechnologiesYear: 2023Scope 1: 474 tCO2eRevenue: $M 1,214Scope 1 Intensity: 0.39 tCO2e/$MnCinoYear: 2024Scope 1: 2,749 tCO2eRevenue: $M 541Scope 1 Intensity: 5.08 tCO2e/$MTotvsYear: 2023Scope 1: 1,138 tCO2eRevenue: $M 927Scope 1 Intensity: 1.23 tCO2e/$MNemetschekYear: 2022Scope 1: 2,997 tCO2eRevenue: $M 855Scope 1 Intensity: 3.51 tCO2e/$MVusiongroupYear: 2024Scope 1: 554 tCO2eRevenue: $M 994Scope 1 Intensity: 0.56 tCO2e/$MTeamViewerYear: 2024Scope 1: 102 tCO2eRevenue: $M 699Scope 1 Intensity: 0.15 tCO2e/$MNiceYear: 2022Scope 1: 495 tCO2eRevenue: $M 2,182Scope 1 Intensity: 0.23 tCO2e/$M

How does Nice's GHG emissions intensity compare to its peers?

In 2022, Nice reported a Scope 1 emissions intensity of 0.23 tCO₂e per millions USD. Compared to the peer group median of 0.37, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Nice rank on GHG emissions intensity within its industry?

In 2022, Nice ranked 7 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Nice is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Nice's Total Carbon Footprint

In 2022, Nice reported a total carbon footprint of 22,494.26 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.73% increase compared to 2021, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Nice's total carbon footprint was Scope 2 emissions, accounting for 96.48% of the company's total carbon footprint, followed by Scope 1 emissions at 2.2%. a

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