OpenText Corporation, commonly referred to as OpenText, is a leading provider of enterprise information management (EIM) solutions. Headquartered in Canada, the company operates extensively across North America, Europe, and Asia, serving a diverse range of industries. Founded in 1991, OpenText has achieved significant milestones, including numerous acquisitions that have expanded its product offerings and market reach. The company’s core services encompass content management, business process management, and data analytics, all designed to help organisations manage their information effectively. OpenText distinguishes itself through its robust cloud-based solutions and commitment to innovation, positioning itself as a trusted partner for digital transformation. With a strong market presence, OpenText continues to be recognised for its contributions to the EIM sector, making it a pivotal player in helping businesses harness the power of their data.
How does Opentext'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.
Opentext's score of 83 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, OpenText Corporation reported total carbon emissions of approximately 113,000,000 kg CO2e, comprising 4,938,000 kg CO2e from Scope 1, 49,196,000 kg CO2e from Scope 2 (market-based), and 107,650,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 50% reduction in emissions by 2030 relative to a FY23 baseline, and achieving net-zero emissions by 2050. These targets encompass all scopes of emissions, including operations and relevant categories in their value chain. In 2023, OpenText's emissions were approximately 100,000,000 kg CO2e, with Scope 1 emissions at 5,381,000 kg CO2e, Scope 2 at 51,837,000 kg CO2e (market-based), and Scope 3 at 100,815,000 kg CO2e. The company has consistently disclosed emissions data across all scopes since 2020, demonstrating transparency in its climate impact. OpenText's reduction initiatives are aligned with science-based targets, as confirmed by their commitment to the Science Based Targets initiative (SBTi). The company is actively working towards these goals, with a clear focus on reducing emissions across its operations and supply chain.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 2,590,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 17,791,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 12,481,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Opentext's Scope 3 emissions, which increased by 7% last year and increased by approximately 763% since 2020, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 67% of total emissions under the GHG Protocol, with "Employee Commuting" being the largest emissions source at 26% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Opentext has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
