Workiva Inc.
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 innovative 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 commitment to excellence, 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.
DitchCarbon Score
How does Workiva 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.
Industry Average
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.
Industry Benchmark
Workiva Inc.'s score of 58 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Workiva Inc.'s reported carbon emissions
In 2023, Workiva Inc. reported total carbon emissions of approximately 8,000,000 kg CO2e, comprising 258,000 kg CO2e from Scope 1, 1,686,000 kg CO2e from Scope 2, and 7,280,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions included significant contributions from business travel (5,644,000 kg CO2e) and employee commuting (915,000 kg CO2e). Workiva has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 63% by 2034, with a baseline year of 2019. Additionally, the company has committed to a more aggressive target of reducing these emissions by 95.4% by the same year, as part of its Science Based Targets initiative (SBTi) commitments. For Scope 3 emissions, Workiva aims to reduce its emissions intensity by 67% per USD value added by 2034. Furthermore, Workiva has pledged to achieve carbon net zero across its value chain by 2040 and has established a legally binding net zero target for 2050, with interim targets to reduce emissions by 78% by 2035. These commitments reflect Workiva's dedication to addressing climate change and aligning with industry standards for sustainability.
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| 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 |
Industry emissions intensity
Location emissions intensity
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.
Workiva Inc. is participating in some 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.
