Hubspot

HubSpot's total carbon emissions for 2024 were approximately 63.5 million kg CO2e. This figure is comprised of scope 1, 2, and 3 emissions, with scope 3 accounting for the vast majority.

Key emissions data for HubSpot:

• 2024: Total emissions were approximately 63,180,000 kg CO2e.
  • Scope 1: 0.0 kg CO2e
  • Scope 2 (Market-based): Approximately 561,000 kg CO2e
  • Scope 3: Approximately 61,619,000 kg CO2e, with purchased goods and services being the largest contributor at approximately 43,846,000 kg CO2e.
• 2023: Total emissions were approximately 62,703,000 kg CO2e.
  • Scope 1: 0.0 kg CO2e
  • Scope 2 (Market-based): Approximately 568,000 kg CO2e
  • Scope 3: Approximately 62,135,000 kg CO2e, with purchased goods and services being the largest contributor at approximately 54,038,000 kg CO2e.
• 2022: Total emissions were approximately 51,974,000 kg CO2e.
  • Scope 1: 0.0 kg CO2e
  • Scope 2 (Market-based): Approximately 689,000 kg CO2e
  • Scope 3: Approximately 51,285,000 kg CO2e, with purchased goods and services being the largest contributor at approximately 41,690,000 kg CO2e.
• 2021: Total emissions were approximately 49,531,000 kg CO2e.
  • Scope 1: 0.0 kg CO2e
  • Scope 2 (Market-based): Approximately 1,275,000 kg CO2e
  • Scope 3: Approximately 48,256,000 kg CO2e, with purchased goods and services being the largest contributor at approximately 41,630,000 kg CO2e.
• 2019: Scope 2 emissions were approximately 1,425,000 kg CO2e (market-based). Scope 3 emissions were approximately 29,024,000 kg CO2e, with purchased goods and services being the largest contributor at approximately 20,828,000 kg CO2e.

Climate Commitments and Reduction Targets:

HubSpot is committed to significant emissions reductions across its value chain. Key targets include:

• Near-term: Reducing absolute scope 1 and 2 GHG emissions by 47% by 2030, using 2019 as a base year.
• Long-term: Committing to reduce absolute scope 1, 2, and 3 GHG emissions by 90% by 2040, also from a 2019 base year.
• Net-Zero: Aiming to reach net-zero GHG emissions across the value chain by 2040.
• Scope 3 Specific: Committing to reduce scope 3 GHG emissions from business travel by 55% per employee by 2030 from a 2019 base year.
• Supply Chain: Ensuring that 70% of its suppliers, by spend, covering purchased goods and services and capital goods, will have science-based targets by 2027.

These targets are aligned with keeping global warming to 1.5°C, indicating a commitment to ambitious climate action within the Computer and related services industry.