Net 0 Tracker

Alphabet Inc. Google

"Alphabet Inc. Net Zero Tracker
Google aims to achieve net-zero emissions across all of its operations and value chain by 2030. Net Zero Tracker
This includes a reduction of 50% of their combined Scope 1, Scope 2, and Scope 3 absolute emissions before 2030, compared to their 2019 baseline. Net Zero Tracker
They plan to invest in nature-based and technology-based carbon removal solutions to neutralize their remaining emissions. Net Zero Tracker
An interesting fact about their environmental policy is that they have formally committed to the Science Based Targets initiative (SBTi) to seek validation of their absolute emissions reduction target. …"

Current Score (vs. LY)

55.8 pts (-2.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #51

S&P100: #34

Communication Services: #9

83.3%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

52.1%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

33.3%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

	Y2021	Y2020	Y2019
Scope 1	45,073	38,694	66,686
Scope 2 - location-based	6,576,239	5,865,095	5,116,949
Scope 2 - market-based	1,823,132	911,415	794,267
Scope 1-2 - location-based	6,621,312	5,903,789	5,183,635
Scope 1-2 - market-based	1,868,205	950,109	860,953
Scope 3	9,503,000	9,376,000	0
Total - location-based	16,124,312	15,279,789	5,183,635
Total - market-based	11,371,205	10,326,109	860,953

Note: Data sources detailed here

	Y2022	Y2021
Total CO₂e estimate (by Net0Tracker)	4,030,744	20,304,290
Methodology	Pre-calculated sector intensity (revenue)	Scope 3 based on previous year

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.

Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)

Please refer to the library for viewing the supporting documentation

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Alphabet Inc. Google belongs to the sector Communication Services.

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope	Reduction Objectives	Base Year	Target Year	Comments
S1S2S3MKT	50.0	2019	2030	Note that all the scope 3 emissions categories are not fully covered

Net Absolute Emission Reductions

Scope	Reduction Objectives	Base Year	Target Year	Comments
S1S2S3MKT	100.0	2019	2030

Net Zero Future Commitments

Scope	Scope 3 Coverage	Target Year	Comments
S1S2S3LOC	FULL	2030

Net Zero Policy

The company has a net zero policy : every year, carbon emissions will be balanced with carbon offsets, on OTHER scope emissions.

Science-based Targets (SBTI)

Date Published / Updated :01/09/2022

Near-term	Long-Term	Net Zero Standard
Committed	No target	No

Data source: SBTI

Offsets

Last update for Alphabet by zerotracker.net: Sept. 4, 2024

Planning to use external offset credits	No
Separate targets for emission reductions and removals	Yes
Conditions on use of offset credits	None
Plans for carbon dioxide removal (CDR)	Yes (nature-based and CCS-based removals)

Additional notes: Our approach to carbon credits - We aim to neutralize our residual emissions with high-quality carbon removal credits by 2030, and to do so in a way that maximizes our positive impact on global decarbonization. This approach represents an evolution of our strategy: starting in 2023, we’re no longer maintaining operational carbon neutrality. We’re instead focusing on accelerating an array of carbon solutions and partnerships that will help us work toward our net-zero goal, and are aiming to play an important role in advancing the development and deployment of nature based and technology-based carbon removal solutions required to mitigate climate change. (page 40) Carbon removal procurement - As of the end of 2023, we signed three carbon credit offtake deals representing a total purchase of approximately 62,500 tCO2e of removal credits, which are contracted for delivery by 2030. (page 40) https://web.archive.org/web/20240710180202/https://www.gstatic.com/gumdrop/sustainability/google-2024-environmental-report.pdf The goal now is to play a significant role in advancing both nature-based and technology-based carbon removal solutions to mitigate climate change. To support the advancement of carbon removals, Google addresses the key challenges these solutions face. Technology-based solutions, for instance, currently lack scale and are often expensive, operating mostly as small pilots. To tackle this, the company pledged $200 million in 2022 to Frontier, an advance market commitment aimed at accelerating carbon removal technologies by guaranteeing future demand. In 2023, Google completed its first carbon credit offtake deals through Frontier, including agreements with Charm Industrial, CarbonCapture, and Lithos Carbon. https://web.archive.org/web/20240710180331/https://carboncredits.com/google-ditches-carbon-offsets-heres-its-new-net-zero-focus/

Score Summary

Ref	Principle	Score (points)	Max (points)	Delta (points)
1	At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified	10.0	10.0	0.0
2	Scope 3 emissions are fully reported and externally-verified	5.0	10.0	-2.5
3	CDP score demonstrates the level of transparent disclosures	10.0	10.0	0.0
	Transparency	25.0	30.0	-2.5
4	Net Zero Commitments by 2050 include an intermediate target and cover all the emissions	10.0	10.0	0.0
5	Net Zero targets demonstrate a high-level of emergency	8.333333333333334	10.0	0.0
6	Emission reduction targets on a forward-looking basis are ambitious	0.0	10.0	0.0
7	Targets are science-based as validated by SBTi	2.5	10.0	0.0
	Commitments	20.833333333333336	40.0	0.0
8	Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets)	0.0	10.0	0.0
9	Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets)	0.0	10.0	0.0
10	Implied Temperature Rating by MSCi	10.0	10.0	0.0
	Results	10.0	30.0	0.0
	Total	55.8	100.0	-2.5

Score Details

Criteria	Results	2023 Score	2022 Score	Vs. 2022	2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period?	yes	5.0 / 5.0	5.0	0.0	5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year?	yes	5.0/ 5.0	5.0	0.0	5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed?	partly	2.5 / 5.0	5.0	-2.5	5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year?	partly	2.5 / 5.0	2.5	0.0	2.5
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)?	A	10.0 / 10.0	10.0	0.0	9.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050?	yes	3.0 / 3.0	3.0	0.0	3.0
Does the net zero target include an intermediate target by 2030?	2030	3.0 / 3.0	3.0	0.0	3.0
Does the net zero target include all the emissions?	yes	4.0 / 4.0	4.0	0.0	4.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2?	Net Zero Policy	5.0 / 5.0	5.0	0.0	5.0
Target year for achieving net zero emissions for S1+S2+S3 combined?	2030	3.3 / 5.0	3.3	0.0	3.3
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?		0.0 / 5.0	0.0	0.0	0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?	No target found	0.0 / 5.0	0.0	0.0	0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to?	Committed NA	2.5 / 10.0	2.5	0.0	0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target	Objective (in %): Actual (in %): No target found	0.0 / 5.0	0.0	0.0	0.0
Momentum: last year % reduction vs. forward-looking target	Objective (in %): Actual (in %): No target found	0.0 / 5.0	0.0	0.0	0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target	Objective (in %): Actual (in %): No target found	0.0 / 5.0	0.0	0.0	0.0
Momentum: last year % reduction vs. forward-looking target	Objective (in %): Actual (in %): No target found	0.0 / 5.0	0.0	0.0	0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets?	ITR: 1.3°C	10.0 / 10.0	10.0	0.0	10.0
Total		55.8 / 100.0	58.3	-2.5	54.8

Available Data Sources

Reporting Year	2021	2021	2021	2020	2020	2020	2020	2019	2019	2019	2018	2018
Source	NZPDU	Public	Yourstake	CDP	NZPDU	Public	CDP	Public	CDP	NZPDU	Public	NZPDU
Publication Year	2022	2022	2022	2021	2021	2021	2020	2021	2020	2020	2021	2019
Scope 1	45,073	45,073	45,073	38,694	38,694	38,694	38,694	66,686	66,686	66,686	63,521	63,521
Scope 2 - location-based	6,576,239	6,576,239	6,576,239	5,865,095	5,865,095	5,865,095	5,865,095	5,116,949	5,116,949	5,116,949	4,344,686	4,344,686
Scope 2 - market-based	1,823,132	1,823,132	1,823,132	911,415	911,415	911,415	911,415	794,267	794,267	794,267	684,236	684,236
Scope 1-2 - location-based	6,621,312	6,621,312	6,621,312	5,903,789	5,903,789	5,903,789	5,903,789	5,183,635	5,183,635	5,183,635	4,408,207	4,408,207
Scope 1-2 - market-based	1,868,205	1,868,205	1,868,205	950,109	950,109	950,109	950,109	860,953	860,953	860,953	747,757	747,757
Scope 3	9,503,000	9,503,000	9,018,000	9,376,000	9,376,000	9,376,000	2,527,000	0	3,160,000	11,669,000	0	14,279,467
Total - location-based	16,124,312	16,124,312	15,639,312	15,279,789	15,279,789	15,279,789	8,430,789	5,183,635	8,343,635	16,852,635	4,408,207	18,687,674
Total - market-based	11,371,205	11,371,205	10,886,205	10,326,109	10,326,109	10,326,109	3,477,109	860,953	4,020,953	12,529,953	747,757	15,027,224