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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of Open Text were 4,938 metric tons of CO₂ equivalent (tCO₂e). a
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
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
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
In 2024, Open Text reported its Scope 2 emissions using the market-based method and using the location-based method. a
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
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
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
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.
In 2024, the largest contributors to Open Text's Scope 3 emissions were: a
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
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
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
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