Veeva Systems

Veeva Systems's reported carbon emissions

Veeva Systems, a US-based company operating in computer and related services, has set ambitious climate commitments and reported its carbon emissions. For the fiscal year 2025, Veeva Systems reported total global emissions of approximately 55,006,000 kg CO2e. This includes Scope 1 emissions of about 275,030 kg CO2e, Scope 2 emissions of approximately 275,030 kg CO2e, and significant Scope 3 emissions totalling about 54,455,940 kg CO2e. Key contributors to their Scope 3 emissions in 2025 included purchased goods and services (around 29,040,000 kg CO2e), business travel (approximately 11,543,000 kg CO2e), and employee commute (about 11,260,000 kg CO2e). In fiscal year 2024, Veeva Systems's total global emissions were approximately 53,093,000 kg CO2e, with Scope 1 emissions at about 264,000 kg CO2e and Scope 2 emissions at approximately 72,000 kg CO2e (market-based). Scope 3 emissions for 2024 were around 52,757,000 kg CO2e, with purchased goods and services accounting for approximately 27,957,000 kg CO2e and business travel around 9,226,000 kg CO2e. The company's total global emissions in fiscal year 2023 were approximately 41,586,000 kg CO2e. This comprised Scope 1 emissions of about 213,000 kg CO2e, Scope 2 emissions of approximately 247,000 kg CO2e (location-based), and Scope 3 emissions totalling about 41,310,000 kg CO2e. The primary Scope 3 categories were purchased goods and services (around 21,390,000 kg CO2e) and business travel (approximately 9,826,000 kg CO2e). Veeva Systems has made significant commitments to reduce its environmental impact. The company has pledged to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 58.8% by fiscal year 2035, using a fiscal year 2024 base year. Furthermore, Veeva Systems has committed to reducing its Scope 3 GHG emissions from purchased goods and services, and capital goods, by 63.8% per million USD value added within the same timeframe. These targets are recognised by the Science Based Targets initiative (SBTi) and are consistent with limiting warming to 1.5°C.