Palo Alto Networks Inc

Common Name
Palo Alto Networks
Country
United States
Sector
Technology
Industry
Software - Infrastructure
Employees
16,068
Ticker
PANW
Exchange
NASDAQ/NGS
Description
Palo Alto Networks, Inc. is a leading cybersecurity company that provides advanced security solutions to protect digital enterprises. The company's primary function is to safeguard organizations acros...

Palo Alto Networks's GHG Emissions Data Preview

In 2024, Palo Alto Networks 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).

Palo Alto Networks has also provided a category-level breakdown for 12 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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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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b
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Palo Alto Networks’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 Palo Alto Networks’s data sources below and access millions more through our Disclosure Search.

a. Palo Alto Networks's Corporate Responsibility Report (CRR) 2024
a. Palo Alto Networks's Corporate Responsibility Report (CRR) 2024
b. Palo Alto Networks's ESG Report 2023
b. Palo Alto Networks's ESG Report 2023
c. Palo Alto Networks's CDP Climate sourced from company’s website 2021
c. Palo Alto Networks's CDP Climate sourced from company’s website 2021
d. Palo Alto Networks's CDP Climate sourced from company’s website 2020
d. Palo Alto Networks's CDP Climate sourced from company’s website 2020

Insights into Palo Alto Networks's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Palo Alto Networks amounted to 18,236 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 Palo Alto Networks increased by 5.09%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Palo Alto Networks's Scope 1 Emissions Over Time

20192020202120222023202404509001.35 k1.8 ktCO2e-14%+41%-13%+109%+11%
  • Total Scope 1
  • Year-over-Year Change

What are Palo Alto Networks's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Palo Alto Networks were 1,766 metric tons of CO₂ equivalent (tCO₂e). a

Has Palo Alto Networks reduced its Scope 1 emissions over time?

Since 2019, Palo Alto Networks's Scope 1 emissions have increased by 146.65%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Palo Alto Networks's Scope 1 emissions increased by 11%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Palo Alto Networks's Scope 2 emissions?

In 2024, Palo Alto Networks reported Scope 2 greenhouse gas (GHG) emissions of 9,171 tCO₂e using the market-based method and 16,470 tCO₂e using the location-based method. a

Has Palo Alto Networks reduced its Scope 2 emissions over time?

Since 2019, Palo Alto Networks's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 25.43%, reflecting a rising long-term trend in Scope 2 emissions over time. a c

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

What methodology does Palo Alto Networks use for Scope 2 reporting?

In 2024, Palo Alto Networks reported its Scope 2 emissions using the market-based method and using the location-based method. a

Palo Alto Networks's Scope 2 Emissions Over Time

20192020202120222023202404.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Palo Alto Networks's Value Chain Emissions

In 2024, Palo Alto Networks reported 1,809,142 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 Palo Alto Networks includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 11 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Palo Alto Networks's Scope 3 Emissions Over Time

2019202020212022202320240500 k1 M1.5 M2 MtCO2e+11229%-1%+36%+26%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Palo Alto Networks's Scope 3 emissions?

In 2024, Palo Alto Networks reported total Scope 3 emissions of 1,809,142 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 17.89% of these emissions originated from upstream activities such as purchased goods and capital goods, while 82.11% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Palo Alto Networks reduced its Scope 3 emissions over time?

Since 2019, Palo Alto Networks's Scope 3 emissions have increased by 20,677.73%, reflecting a rising long-term trend in Scope 3 emissions over time. a d

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

What categories of Scope 3 emissions does Palo Alto Networks disclose?

In 2024, Palo Alto Networks reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Palo Alto Networks's Scope 3 emissions?

In 2024, the largest contributors to Palo Alto Networks's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 945,215 tCO₂e (52.21%)
  • Investments (Cat. 15): 540,964 tCO₂e (29.88%)
  • Purchased Goods and Services (Cat. 1): 183,836 tCO₂e (10.16%)

Palo Alto Networks's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(10.2%)Use of Sold Products(Cat. 11)(52.2%)Investments(Cat. 15)(29.9%)

Insights into Palo Alto Networks’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Palo Alto Networks reported Scope 1 greenhouse gas (GHG) emissions of 1,766 tCO₂e and total revenues of USD 8,027 millions. This translates into an emissions intensity of 0.22 tCO₂e per millions USD. a

Palo Alto Networks's Scope 1 Emissions Intensity Compared to Peers

101005005,00050,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)ToastYear: 2024Scope 1: 436 tCO2eRevenue: $M 4,960Scope 1 Intensity: 0.09 tCO2e/$MWEXYear: 2023Scope 1: 1,246 tCO2eRevenue: $M 2,548Scope 1 Intensity: 0.49 tCO2e/$MNetscout SystemsYear: 2023Scope 1: 410 tCO2eRevenue: $M 915Scope 1 Intensity: 0.45 tCO2e/$MZscalerYear: 2023Scope 1: 340 tCO2eRevenue: $M 1,617Scope 1 Intensity: 0.21 tCO2e/$MFortinetYear: 2024Scope 1: 1,606 tCO2eRevenue: $M 5,956Scope 1 Intensity: 0.27 tCO2e/$MUiPathYear: 2024Scope 1: 649 tCO2eRevenue: $M 1,430Scope 1 Intensity: 0.45 tCO2e/$MSynopsysYear: 2023Scope 1: 3,697 tCO2eRevenue: $M 5,318Scope 1 Intensity: 0.70 tCO2e/$MCsg Systems InternationalYear: 2021Scope 1: 573 tCO2eRevenue: $M 1,047Scope 1 Intensity: 0.55 tCO2e/$MNutanixYear: 2024Scope 1: 331 tCO2eRevenue: $M 2,149Scope 1 Intensity: 0.15 tCO2e/$MGen DigitalYear: 2024Scope 1: 423 tCO2eRevenue: $M 3,811Scope 1 Intensity: 0.11 tCO2e/$MGoDaddyYear: 2024Scope 1: 832 tCO2eRevenue: $M 4,574Scope 1 Intensity: 0.18 tCO2e/$MF5Year: 2023Scope 1: 781 tCO2eRevenue: $M 2,813Scope 1 Intensity: 0.28 tCO2e/$MBlockYear: 2023Scope 1: 855 tCO2eRevenue: $M 21,917Scope 1 Intensity: 0.04 tCO2e/$MOracleYear: 2023Scope 1: 15,200 tCO2eRevenue: $M 49,951Scope 1 Intensity: 0.30 tCO2e/$MTeradataYear: 2023Scope 1: 142 tCO2eRevenue: $M 1,832Scope 1 Intensity: 0.08 tCO2e/$MDropboxYear: 2023Scope 1: 699 tCO2eRevenue: $M 2,502Scope 1 Intensity: 0.28 tCO2e/$MPayoneer GlobalYear: 2024Scope 1: 452 tCO2eRevenue: $M 721Scope 1 Intensity: 0.63 tCO2e/$MAkamai TechnologiesYear: 2024Scope 1: 45 tCO2eRevenue: $M 3,982Scope 1 Intensity: 0.01 tCO2e/$MMongoDBYear: 2024Scope 1: 326 tCO2eRevenue: $M 2,006Scope 1 Intensity: 0.16 tCO2e/$MPalantir TechnologiesYear: 2023Scope 1: 22 tCO2eRevenue: $M 2,222Scope 1 Intensity: 0.01 tCO2e/$MRapid7Year: 2021Scope 1: 1,288 tCO2eRevenue: $M 535Scope 1 Intensity: 2.41 tCO2e/$MTwilioYear: 2023Scope 1: 866 tCO2eRevenue: $M 4,154Scope 1 Intensity: 0.21 tCO2e/$MPalo Alto NetworksYear: 2024Scope 1: 1,766 tCO2eRevenue: $M 8,027Scope 1 Intensity: 0.22 tCO2e/$M

How does Palo Alto Networks's GHG emissions intensity compare to its peers?

In 2024, Palo Alto Networks reported a Scope 1 emissions intensity of 0.22 tCO₂e per millions USD. Compared to the peer group median of 0.24 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Palo Alto Networks rank on GHG emissions intensity within its industry?

In 2024, Palo Alto Networks ranked 12 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Palo Alto Networks's Total Carbon Footprint

In 2024, Palo Alto Networks reported a total carbon footprint of 1,827,378 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.42% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Palo Alto Networks's total carbon footprint was Scope 3 emissions, accounting for 99% of the company's total carbon footprint, followed by Scope 2 emissions at 0.9%. a

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