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 56 is higher than 97% 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 7,280,000 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. The company has set ambitious targets to significantly reduce its carbon footprint. By 2034, Workiva aims to achieve a 95.4% reduction in absolute Scope 1 and 2 emissions from a 2019 baseline, alongside a 67% reduction in Scope 3 emissions intensity per USD value added. Over the years, Workiva's emissions have shown fluctuations, with Scope 1 emissions decreasing from 383,000 kg CO2e in 2019 to 258,000 kg CO2e in 2023. Scope 2 emissions also decreased from 2,669,000 kg CO2e in 2019 to 1,686,000 kg CO2e in 2023. However, Scope 3 emissions increased from 9,986,000 kg CO2e in 2019 to 7,280,000 kg CO2e in 2023, indicating a need for further action in this area. Workiva's climate commitments are aligned with the Science Based Targets initiative (SBTi), ensuring that their reduction targets are consistent with the global goal of limiting warming to 1.5°C. The company is also progressing towards carbon net zero across its value chain by 2040. These initiatives reflect Workiva's dedication to sustainability and responsible corporate practices in the software and services sector.
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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.
