Open Text Corp

Common Name
Open Text
Country
Canada
Sector
Technology
Industry
Software - Application
Employees
21,400
Ticker
OTEX
Exchange
TORONTO STOCK EXCHANGE
Description
Open Text Corporation is a global software company that focuses on enterprise information management. The company's primary purpose is to provide software solutions that enable organizations to manage...

Open Text's GHG Emissions Data Preview

In 2024, Open Text 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).

Open Text has also provided a category-level breakdown for 7 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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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Open Text’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 Open Text’s data sources below and access millions more through our Disclosure Search.

a. Open Text's Corporate Citizenship Report 2024
a. Open Text's Corporate Citizenship Report 2024
b. Open Text's Corporate Citizenship Report 2023
b. Open Text's Corporate Citizenship Report 2023

Insights into Open Text's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Open Text amounted to 53,603 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 2023, the total operational greenhouse gas (GHG) emissions of Open Text decreased by 7.32%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Open Text's Scope 1 Emissions Over Time

202120222023202401.5 k3 k4.5 k6 ktCO2e-7%+106%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Open Text's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Open Text were 4,938 metric tons of CO₂ equivalent (tCO₂e). a

Has Open Text reduced its Scope 1 emissions over time?

Since 2021, Open Text's Scope 1 emissions have increased by 75.92%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Open Text's Scope 1 emissions decreased by 8.23%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Open Text's Scope 2 emissions?

In 2024, Open Text reported Scope 2 greenhouse gas (GHG) emissions of 49,196 tCO₂e using the market-based method and 48,665 tCO₂e using the location-based method. a

Has Open Text reduced its Scope 2 emissions over time?

Since 2021, Open Text's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 76.69%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

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

What methodology does Open Text use for Scope 2 reporting?

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

Open Text's Scope 2 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Open Text's Value Chain Emissions

In 2024, Open Text reported 107,650 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 2024 disclosure of Open Text includes a breakdown across 7 of 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

Open Text's Scope 3 Emissions Over Time

2021202220232024030 k60 k90 k120 ktCO2e+8%+390%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Open Text's Scope 3 emissions?

In 2024, Open Text reported total Scope 3 emissions of 107,650 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 75.4% of these emissions originated from upstream activities such as purchased goods and capital goods, while 24.6% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Open Text reduced its Scope 3 emissions over time?

Since 2021, Open Text's Scope 3 emissions have increased by 466.07%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Open Text's Scope 3 emissions remained relatively stable, indicating that Open Text 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Open Text disclose?

In 2024, Open Text reported emissions for 7 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 Open Text's Scope 3 emissions?

In 2024, the largest contributors to Open Text's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 27,862 tCO₂e (25.88%)
  • Use of Sold Products (Cat. 11): 26,075 tCO₂e (24.22%)
  • Fuel- and Energy-Related Services (Cat. 3): 22,432 tCO₂e (20.84%)

Open Text's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(24.2%)Employee Commuting(Cat. 7)(25.9%)Fuel- andEnergy-RelatedServices (Cat. 3)(20.8%)

Insights into Open Text’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Open Text reported Scope 1 greenhouse gas (GHG) emissions of 4,938 tCO₂e and total revenues of USD 5,769 millions. This translates into an emissions intensity of 0.86 tCO₂e per millions USD. a

Open Text's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000100,000Scope 1 Emissions (tCO2e)1005002,00010,00020,000Revenues (Millions of USD)Sage GroupYear: 2024Scope 1: 1,399 tCO2eRevenue: $M 3,121Scope 1 Intensity: 0.45 tCO2e/$MWorkivaYear: 2023Scope 1: 258 tCO2eRevenue: $M 630Scope 1 Intensity: 0.41 tCO2e/$MTata ElxsiYear: 2024Scope 1: 107 tCO2eRevenue: $M 426Scope 1 Intensity: 0.25 tCO2e/$MTemenosYear: 2024Scope 1: 502 tCO2eRevenue: $M 842Scope 1 Intensity: 0.60 tCO2e/$MPaylocity HoldingYear: 2025Scope 1: 79 tCO2eRevenue: $M 1,596Scope 1 Intensity: 0.05 tCO2e/$MGlodonYear: 2023Scope 1: 15 tCO2eRevenue: $M 926Scope 1 Intensity: 0.02 tCO2e/$MZoom CommunicationsYear: 2024Scope 1: 59 tCO2eRevenue: $M 4,683Scope 1 Intensity: 0.01 tCO2e/$MKinaxisYear: 2023Scope 1: 252 tCO2eRevenue: $M 427Scope 1 Intensity: 0.59 tCO2e/$MUnity SoftwareYear: 2024Scope 1: 493 tCO2eRevenue: $M 1,813Scope 1 Intensity: 0.27 tCO2e/$MDynatraceYear: 2023Scope 1: 266 tCO2eRevenue: $M 1,159Scope 1 Intensity: 0.23 tCO2e/$MTyler TechnologiesYear: 2023Scope 1: 2,090 tCO2eRevenue: $M 1,952Scope 1 Intensity: 1.07 tCO2e/$MShopifyYear: 2023Scope 1: 681 tCO2eRevenue: $M 7,057Scope 1 Intensity: 0.10 tCO2e/$MAlightYear: 2023Scope 1: 3,941 tCO2eRevenue: $M 3,410Scope 1 Intensity: 1.16 tCO2e/$MDayforceYear: 2023Scope 1: 265 tCO2eRevenue: $M 1,513Scope 1 Intensity: 0.18 tCO2e/$MPaycom SoftwareYear: 2024Scope 1: 558 tCO2eRevenue: $M 1,883Scope 1 Intensity: 0.30 tCO2e/$MCadence Design SystemsYear: 2024Scope 1: 2,087 tCO2eRevenue: $M 4,641Scope 1 Intensity: 0.45 tCO2e/$MGrab HoldingsYear: 2023Scope 1: 36,186 tCO2eRevenue: $M 2,359Scope 1 Intensity: 15.34 tCO2e/$MHuitongda NetworkYear: 2023Scope 1: 396 tCO2eRevenue: $M 12,692Scope 1 Intensity: 0.03 tCO2e/$MPTCYear: 2024Scope 1: 963 tCO2eRevenue: $M 2,298Scope 1 Intensity: 0.42 tCO2e/$MDatadogYear: 2023Scope 1: 529 tCO2eRevenue: $M 2,129Scope 1 Intensity: 0.25 tCO2e/$MOpen TextYear: 2024Scope 1: 4,938 tCO2eRevenue: $M 5,769Scope 1 Intensity: 0.86 tCO2e/$M

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

In 2024, Open Text reported a Scope 1 emissions intensity of 0.86 tCO₂e per millions USD. Compared to the peer group median of 0.28 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Open Text rank on GHG emissions intensity within its industry?

In 2024, Open Text ranked 18 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Open Text among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Open Text's Total Carbon Footprint

In 2024, Open Text reported a total carbon footprint of 161,253 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.64% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Open Text's total carbon footprint was Scope 3 emissions, accounting for 66.76% of the company's total carbon footprint, followed by Scope 2 emissions at 30.18%. a

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