F5, Inc., commonly referred to as F5, is a leading provider of application delivery networking and security solutions, headquartered in the United States. Founded in 1996, the company has established itself as a key player in the technology industry, particularly in the realms of application security, cloud services, and network performance optimisation. With a strong presence in North America, Europe, and Asia-Pacific, F5 offers a suite of core products, including its renowned BIG-IP platform, which uniquely integrates application delivery and security features. This innovative approach has positioned F5 as a trusted partner for enterprises seeking to enhance their digital experiences while ensuring robust security measures. F5's commitment to excellence is reflected in its numerous accolades and a solid market position, making it a preferred choice for organisations looking to navigate the complexities of modern application environments.
How does F5's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
F5's score of 35 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, F5, Inc. reported total greenhouse gas emissions of approximately 136,415,000 kg CO2e, with emissions distributed across various scopes: 781,000 kg CO2e from Scope 1, 2,929,000 kg CO2e from Scope 2, and 136,415,000 kg CO2e from Scope 3. This reflects a commitment to transparency in their carbon footprint, particularly in Scope 3 emissions, which are often the most challenging to manage. F5 has set ambitious climate targets, committing to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by FY2030, using FY2021 as the baseline. Additionally, the company aims to achieve a 43% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. Over the years, F5 has demonstrated a proactive approach to managing its carbon emissions. For instance, in 2021, the company reported Scope 1 emissions of 1,281,000 kg CO2e and Scope 2 emissions of 5,053,000 kg CO2e, indicating a focus on reducing operational emissions. By 2022, Scope 1 emissions decreased to 803,000 kg CO2e, while Scope 2 emissions were reported at 5,368,000 kg CO2e, showcasing progress in their sustainability initiatives. F5's commitment to reducing its carbon footprint reflects a broader industry trend towards sustainability and responsible environmental stewardship, positioning the company as a leader in the software and services sector in the United States.
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Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 511,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 9,253,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
F5 is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.