Net 0 Tracker

Nvidia

"Nvidia, a company in the manufacturing industry, does not have a net zero target. Net Zero Tracker
The company has not specified what gases are covered by its target and does not have separate targets for emissions reductions and removals. Net Zero Tracker
Furthermore, Nvidia does not have a publicly available plan that lays out steps toward its target. Net Zero Tracker
An interesting fact about Nvidia's environmental policy is that it lacks a reporting mechanism for its environmental impact. Net Zero Tracker
In addition, you can check out the net-zero commitments and data for the relevant actors:"

Current Score (vs. LY)

28.0 pts (0.0)

Last Update: Dec. 12, 2023

Current Rankings

Global: #122

S&P100: #84

Information Technology: #15

76.7%

Transparency

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

0.0%

Commitments

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

16.7%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

	Y2022	Y2021	Y2020
Scope 1	4,612	2,692	2,817
Scope 2 - location-based	133,569	105,621	74,692
Scope 2 - market-based	78,210	89,048	65,936
Scope 1-2 - location-based	138,181	108,313	77,509
Scope 1-2 - market-based	82,822	91,740	68,753
Scope 3	2,701,477	1,972,425	1,296,150
Total - location-based	2,839,658	2,080,738	1,373,659
Total - market-based	2,784,299	2,064,165	1,364,903

Note: Data sources detailed here

	Y2022	Y2021
Total CO₂e estimate (by Net0Tracker)	2,784,299	3,538,636
Methodology	As reported	Pre-calculated sector intensity (revenue)

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.

Nvidia belongs to the sector Information Technology.

Offsets

Last update for NVIDIA by zerotracker.net: Jan. 23, 2024

Planning to use external offset credits	Not Specified
Separate targets for emission reductions and removals	No
Conditions on use of offset credits	None
Plans for carbon dioxide removal (CDR)	Not Specified

Additional notes: https://images.nvidia.com/aem-dam/Solutions/documents/FY2023-NVIDIA-Corporate-Responsibility-Report-1.pdf

Score Summary

Ref	Principle	Score (points)	Max (points)
1	At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified	10.0	10.0
2	Scope 3 emissions are fully reported and externally-verified	5.0	10.0
3	CDP score demonstrates the level of transparent disclosures	8.0	10.0
	Transparency	23.0	30.0
4	Net Zero Commitments by 2050 include an intermediate target and cover all the emissions	0.0	10.0
5	Net Zero targets demonstrate a high-level of emergency	0.0	10.0
6	Emission reduction targets on a forward-looking basis are ambitious	0.0	10.0
7	Targets are science-based as validated by SBTi	0.0	10.0
	Commitments	0.0	40.0
8	Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets)	0.0	10.0
9	Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets)	0.0	10.0
10	Implied Temperature Rating by MSCi	5.0	10.0
	Results	5.0	30.0
	Total	28.0	100.0

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	2.5	0.0	2.5
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)?	B	8.0 / 10.0	8.0	0.0	8.0
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?	NC	0.0 / 3.0	0.0	0.0	0.0
Does the net zero target include an intermediate target by 2030?	NC	0.0 / 3.0	0.0	0.0	0.0
Does the net zero target include all the emissions?	NC	0.0 / 4.0	0.0	0.0	0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2?	NC	0.0 / 5.0	0.0	0.0	0.0
Target year for achieving net zero emissions for S1+S2+S3 combined?	NC	0.0 / 5.0	0.0	0.0	0.0
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?	NC	0.0 / 10.0	0.0	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: 2.2°C	5.0 / 10.0	5.0	0.0	5.0
Total		28.0 / 100.0	28.0	0.0	28.0

Available Data Sources

Reporting Year	2022	2021	2021	2021	2021	2020	2020	2020	2020	2019
Source	Public	Public	Yourstake	CDP	Public	Public	CDP	Public	CDP	Public
Publication Year	2022	2022	2022	2021	2021	2022	2021	2021	2020	2021
Scope 1	4,612	2,692	4,612	2,692	2,692	2,817	2,819	2,817	2,817	2,675
Scope 2 - location-based	133,569	105,621	133,569	105,621	105,621	74,692	97,143	74,692	74,692	65,107
Scope 2 - market-based	78,210	89,048	78,210	89,048	89,048	65,936	88,087	65,936	65,936	60,093
Scope 1-2 - location-based	138,181	108,313	138,181	108,313	108,313	77,509	99,962	77,509	77,509	67,782
Scope 1-2 - market-based	82,822	91,740	82,822	91,740	91,740	68,753	90,906	68,753	68,753	62,768
Scope 3	2,701,477	1,972,425	2,701,477	2,074,450	2,074,630	1,296,150	0	1,341,211	415,193	1,862,357
Total - location-based	2,839,658	2,080,738	2,839,658	2,182,763	2,182,943	1,373,659	99,962	1,418,720	492,702	1,930,139
Total - market-based	2,784,299	2,064,165	2,784,299	2,131,696	2,166,370	1,364,903	90,906	1,364,903	456,061	1,925,125