Workiva Inc., headquartered in the United States, is a leading provider of cloud-based solutions for financial and regulatory reporting. Founded in 2008, the company has established itself as a key player in the software industry, particularly in the realms of compliance, data management, and reporting automation. With a focus on enhancing transparency and collaboration, Workiva offers a suite of products, including Wdesk, which streamlines the reporting process and integrates data from various sources. This unique approach not only improves accuracy but also saves time for organisations navigating complex regulatory environments. Recognised for its innovation, Workiva has received numerous accolades, solidifying its position as a trusted partner for businesses seeking to optimise their reporting processes and ensure compliance with evolving regulations.
How does Workiva'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.
Mean score of companies in the Computer 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.
Workiva's score of 47 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Workiva reported total greenhouse gas emissions of approximately 7,280,000 kg CO2e, with emissions distributed across various scopes: 258,000 kg CO2e from Scope 1, 1,686,000 kg CO2e from Scope 2, and 7,280,000 kg CO2e from Scope 3. Notably, the Scope 3 emissions included significant contributions from business travel (about 5,644,000 kg CO2e) and employee commuting (approximately 915,000 kg CO2e). Workiva has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 95.4% by 2034, using 2019 as the baseline year. Additionally, the company targets a 67% reduction in Scope 3 emissions per USD value added within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support efforts to limit global warming to 1.5°C. Overall, Workiva's emissions data and reduction targets reflect a strong commitment to addressing climate change and reducing its carbon footprint in the software and services sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 383,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 2,669,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 9,986,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Workiva is committed to some reduction initiatives 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.