Globant Sustainability Profile
Globant, officially known as Globant S.A., is a leading technology services company headquartered in Luxembourg (LU). Founded in 2003, Globant has established a strong presence in key operational regions, including North America, Latin America, and Europe. The company operates within the IT and software development industry, specialising in innovative solutions such as software engineering, digital transformation, and IT consulting. Globant is renowned for its unique approach to combining technology with design, enabling businesses to enhance their digital experiences. With a focus on emerging technologies like artificial intelligence and cloud computing, the company has achieved significant milestones, including recognition as a leader in the Gartner Magic Quadrant for application services. Globant's commitment to sustainability and social responsibility further solidifies its position as a forward-thinking player in the global market.
DitchCarbon Score
How does Globant'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.
Industry Average
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.
Industry Benchmark
Globant's score of 72 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Globant's reported carbon emissions
In 2024, Globant reported total carbon emissions of approximately 19,901,340 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 268,030 kg CO2e, while Scope 2 emissions were approximately 3,068,060 kg CO2e. The majority of emissions stemmed from Scope 3, totalling around 19,633,310 kg CO2e, primarily driven by business travel (about 8,528,450 kg CO2e) and employee commuting (approximately 6,019,600 kg CO2e). Globant has set ambitious climate commitments, aiming to reduce absolute Scope 1 GHG emissions by 50% by 2030 from a 2019 base year. This target is part of their Science-Based Targets initiative (SBTi) commitments, which also include a goal to reduce Scope 3 emissions per employee by 55% by 2030. Additionally, Globant is committed to sourcing 100% renewable electricity through 2030. The company has also pledged to reduce Scope 1 and 2 emissions to near zero by 2025, demonstrating a strong commitment to achieving net-zero emissions. These initiatives reflect Globant's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards for sustainability and environmental responsibility.
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| 2014 | 2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 000,000 | 00,000 | 000,000 | 00,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | - | - | - | - | - | 0,000,000 |
| Scope 3 | 3,157,410 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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Globant's Scope 3 Categories Breakdown
Globant's Scope 3 emissions, which decreased by 1% last year and increased by approximately 522% since 2014, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 43% of Scope 3 emissions.
Top Scope 3 Categories
Globant's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Globant has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Globant's sustainability data and climate commitments