GlobeNewswire, Inc. Sustainability Profile
GlobeNewswire, Inc., a leading provider of press release distribution and regulatory disclosure services, is headquartered in the United States. Founded in 2000, the company has established itself as a key player in the financial communications industry, serving clients across North America and Europe. GlobeNewswire offers a comprehensive suite of services, including multimedia distribution, targeted media outreach, and analytics, which set it apart from competitors. Its commitment to innovation and reliability has earned it a strong market position, making it a preferred choice for businesses seeking to enhance their visibility and engagement with investors and the media. With a focus on delivering timely and impactful communications, GlobeNewswire continues to achieve notable milestones, solidifying its reputation as a trusted partner in the realm of corporate communications.
DitchCarbon Score
How does GlobeNewswire, Inc.'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 Business 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
GlobeNewswire, Inc.'s score of 69 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GlobeNewswire, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes Nasdaq, Inc., from which it inherits climate commitments and initiatives. As a merged entity, GlobeNewswire aligns its climate strategies with those of Nasdaq, Inc. This includes participation in various sustainability initiatives such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the Race to Zero campaign, all of which are cascaded from Nasdaq at a level 2 relationship. These initiatives reflect a commitment to reducing carbon emissions and enhancing sustainability practices. While specific reduction targets or achievements for GlobeNewswire are not detailed, the overarching goals set by Nasdaq, Inc. indicate a proactive approach towards climate action. The absence of direct emissions data suggests that GlobeNewswire may still be in the process of establishing its own specific targets or reporting mechanisms. In summary, while GlobeNewswire, Inc. does not currently provide specific emissions data, it is committed to sustainability through its association with Nasdaq, Inc., which leads various climate initiatives aimed at reducing carbon footprints and promoting environmental responsibility.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000 | 000 | 00,000 | 00,000 |
| Scope 2 | 35,305,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 |
| Scope 3 | 28,054,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is GlobeNewswire, Inc.'s Industry?
How Carbon Intensive is GlobeNewswire, Inc.'s Location?
GlobeNewswire, Inc.'s Scope 3 Categories Breakdown
GlobeNewswire, Inc.'s Scope 3 emissions, which increased by 7% last year and increased by approximately 227% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.
Top Scope 3 Categories
GlobeNewswire, Inc.'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.
GlobeNewswire, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
