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 60 is higher than 76% 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 3 emissions, which accounted for about 19,633,310 kg CO2e. Scope 1 emissions were approximately 268,030 kg CO2e, while Scope 2 emissions totalled about 3,068,060 kg CO2e. In 2023, the company recorded total emissions of about 19,818,410 kg CO2e, with Scope 1 emissions at approximately 84,910 kg CO2e and Scope 3 emissions at about 19,733,500 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. The company also commits to sourcing 100% renewable electricity annually through 2030 and reducing Scope 3 GHG emissions by 55% per employee by 2030. These targets are aligned with the Science-Based Targets initiative (SBTi) and are classified as consistent with limiting global warming to 1.5°C. Globant's near-term targets include reducing Scope 1 and Scope 2 emissions to near zero by 2025. The company is actively pursuing these initiatives as part of its broader commitment to achieving net-zero emissions by 2030. The emissions data and targets are cascaded from Globant S.A., the parent organization, ensuring a unified approach to sustainability across its operations.
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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 |
How Carbon Intensive is Globant's Industry?
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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.
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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.
