Palantir Technologies Inc

Common Name
Palantir Technologies
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
3,936
Ticker
PLTR
Exchange
NASDAQ/NGS
Description
Palantir Technologies Inc. is a public technology company known for its specialization in big data analytics. The company offers software platforms such as Palantir Gotham and Palantir Foundry, which ...

Palantir Technologies's GHG Emissions Data Preview

In 2023, Palantir Technologies 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).

Palantir Technologies 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 Palantir Technologies's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Palantir Technologies amounted to 3,062 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 2022, the total operational greenhouse gas (GHG) emissions of Palantir Technologies increased by 49.51%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Palantir Technologies's Scope 1 Emissions Over Time

2019202020212022202307142128tCO2e+4%-7%0%-15%
  • Total Scope 1
  • Year-over-Year Change

What are Palantir Technologies's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Palantir Technologies were 22 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Palantir Technologies reduced its Scope 1 emissions over time?

Since 2019, Palantir Technologies's Scope 1 emissions have decreased by 18.52%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Palantir Technologies's Scope 1 emissions decreased by 15.38%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Palantir Technologies's Scope 2 emissions?

In 2023, Palantir Technologies reported Scope 2 greenhouse gas (GHG) emissions of 2,796 tCOâ‚‚e using the market-based method, and 3,040 tCOâ‚‚e using the location-based method.

Has Palantir Technologies reduced its Scope 2 emissions over time?

Since 2019, Palantir Technologies's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 102.4%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Palantir Technologies's Scope 2 emissions (Location-Based) rose by 50.35% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Palantir Technologies use for Scope 2 reporting?

In 2023, Palantir Technologies reported its Scope 2 emissions using the market-based method and using the location-based method.

Palantir Technologies's Scope 2 Emissions Over Time

2019202020212022202308001.6 k2.4 k3.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Palantir Technologies's Value Chain Emissions

In 2023, Palantir Technologies reported 19,817 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 Palantir Technologies includes a breakdown across 8 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.

Palantir Technologies's Scope 3 Emissions Over Time

2019202020212022202308.5 k17 k25.5 k34 ktCO2e-73%+15%+108%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Palantir Technologies's Scope 3 emissions?

In 2023, Palantir Technologies reported total Scope 3 emissions of 19,817 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.91% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.09% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Palantir Technologies reduced its Scope 3 emissions over time?

Since 2019, Palantir Technologies's Scope 3 emissions have decreased by 38.26%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Palantir Technologies's Scope 3 emissions remained relatively stable, indicating that Palantir Technologies 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Palantir Technologies disclose?

In 2023, Palantir Technologies 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 Palantir Technologies's Scope 3 emissions?

In 2023, the largest contributors to Palantir Technologies's Scope 3 emissions were:

  • Business Travel (Cat. 6): 15,167 tCOâ‚‚e (76.54%)
  • Purchased Goods and Services (Cat. 1): 3,259 tCOâ‚‚e (16.45%)
  • Employee Commuting (Cat. 7): 947 tCOâ‚‚e (4.78%)

Palantir Technologies's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(16.4%)Business Travel(Cat. 6)(76.5%)Employee Commuting(Cat. 7)(4.8%)

Insights into Palantir Technologies's Total Carbon Footprint

In 2023, Palantir Technologies reported a total carbon footprint of 22,879 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.42% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Palantir Technologies's total carbon footprint was Scope 3 emissions, accounting for 86.62% of the company's total carbon footprint, followed by Scope 2 emissions at 13.29%.