Snowflake Inc., commonly referred to as Snowflake, is a leading cloud-based data warehousing company headquartered in the United States. Founded in 2012, Snowflake has rapidly established itself as a key player in the data management industry, offering innovative solutions that enable businesses to store, manage, and analyse vast amounts of data seamlessly.
With a strong presence in North America and expanding operations in Europe and Asia, Snowflake's unique architecture allows for the separation of storage and compute, providing unparalleled flexibility and scalability. Its core products include the Snowflake Data Cloud, which supports diverse workloads and integrates with various data tools, making it a preferred choice for organisations seeking to harness the power of data.
Recognised for its rapid growth and significant market position, Snowflake has achieved notable milestones, including a successful IPO in 2020, solidifying its status as a transformative force in the data analytics landscape.
-13 vs industry average
Snowflake’s score of 28 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Computer Services has below-average carbon intensity
Industry performance
The Computer Services industry has reduced its overall emissions by 11% since 2018
Reported emissions
No reported emissions data is available for Snowflake yet.
Snowflake's reported carbon emissions
As of the latest reporting, Snowflake Inc. has not disclosed specific carbon emissions data, indicating a lack of available figures for Scope 1, Scope 2, and Scope 3 emissions. However, the company has made significant climate commitments aimed at reducing its greenhouse gas emissions.
Snowflake has set ambitious near-term targets through the Science Based Targets initiative (SBTi). The company commits to reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by FY2030, using FY2025 as the base year. This commitment aligns with the goal of limiting global warming to 1.5°C. Additionally, Snowflake aims for 77% of its suppliers, based on emissions from purchased goods and services and capital goods, to have science-based targets by FY2030.
These initiatives reflect Snowflake's dedication to sustainability and its proactive approach to addressing climate change, despite the absence of specific emissions data at this time.
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Snowflake’s Climate Goals (2030 & 2050)
2 goals2030
42% reduction in Scope 1
Snowflake Inc. commits to reduce absolute scope 1 GHG emissions 42.0% by FY2030 from a FY2025 base year.
2030
42% reduction in Scope 2
Snowflake Inc. commits to reduce absolute scope 2 GHG emissions 42.0% by FY2030 from a FY2025 base year.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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