Okta Inc

Common Name
Okta
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
5,914
Ticker
OKTA
Exchange
NASDAQ/NGS
Description
Okta Inc. is a leading provider of identity and access management solutions, enabling organizations to securely connect the right people to the right technologies at the right time. Founded in 2009, O...

Okta's GHG Emissions Data Preview

In 2024, Okta 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).

Okta 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Okta's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Okta amounted to 1,909 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Okta increased by 7.49%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Okta's Scope 1 Emissions Over Time

2020202120222023202401234tCO2eNaN%NaN%NaN%NaN%
  • Total Scope 1
  • Year-over-Year Change

What are Okta's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Okta were 0 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

What are Okta's Scope 2 emissions?

In 2024, Okta reported Scope 2 greenhouse gas (GHG) emissions of 350 tCOâ‚‚e using the market-based method, and 1,909 tCOâ‚‚e using the location-based method.

Has Okta reduced its Scope 2 emissions over time?

Since 2020, Okta's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 45.84%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Okta's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Okta 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Okta use for Scope 2 reporting?

In 2024, Okta reported its Scope 2 emissions using the market-based method and using the location-based method.

Okta's Scope 2 Emissions Over Time

2020202120222023202405001 k1.5 k2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Okta's Value Chain Emissions

In 2024, Okta reported 103,416 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 2024 disclosure of Okta includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Okta's Scope 3 Emissions Over Time

20202021202220232024030 k60 k90 k120 ktCO2e-25%+67%+23%+38%
  • Total Scope 3
  • Year-over-Year Change

What are Okta's Scope 3 emissions?

In 2024, Okta reported total Scope 3 emissions of 103,416 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.97% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.03% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Okta reduced its Scope 3 emissions over time?

Since 2020, Okta's Scope 3 emissions have increased by 113.07%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Okta's Scope 3 emissions increased by 38.39%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Okta disclose?

In 2024, Okta reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Okta's Scope 3 emissions?

In 2024, the largest contributors to Okta's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 60,453 tCOâ‚‚e (58.61%)
  • Business Travel (Cat. 6): 33,219 tCOâ‚‚e (32.21%)
  • Employee Commuting (Cat. 7): 6,017 tCOâ‚‚e (5.83%)

Okta's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(5.8%)Business Travel(Cat. 6)(32.2%)Purchased Goods andServices (Cat. 1)(58.6%)

Insights into Okta's Total Carbon Footprint

In 2024, Okta reported a total carbon footprint of 105,325 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 37.67% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Okta's total carbon footprint was Scope 3 emissions, accounting for 98.19% of the company's total carbon footprint, followed by Scope 2 emissions at 1.81%.