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Business Services
US
updated 7 months ago

GlobeNewswire, Inc.

Company website

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.

69

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.

28

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.

84%

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GlobeNewswire, Inc.'s reported carbon emissions

Inherited from Nasdaq, Inc.

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. GlobeNewswire, Inc.'s primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for GlobeNewswire, Inc. is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

GlobeNewswire, Inc. is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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