GlobalData offers a comprehensive analysis of ADOBE, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on ADOBE‘s ESG performance. GlobalData’s company profile on ADOBE offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

ADOBE is committed to integrating sustainability into all aspects of its business and acknowledges the imperative for heightened efforts to reduce environmental impact. The company actively engages with policymakers and external advocacy groups on a global scale, championing initiatives that promote a more sustainable society and contribute to mitigating climate change. In terms of GHG emissions, ADOBE reports its emissions in scope 1, scope 2, and scope 3 categories.

In 2022, ADOBE reported scope 1 emissions of 6,568 tonnes CO2e, scope 2 emissions of 57,168 tonnes CO2e (location-based) and 22,936 tonnes CO2e (market-based), and scope 3 emissions of 463,438 tonnes CO2e. ADOBE has taken steps to reduce its emissions through energy efficiency projects, resulting in emissions reductions of 95 tonnes CO2e. The company is expediting its objective to power all operations with 100% renewable electricity, moving the deadline from 2035 to 2025. This acceleration aligns with the company's commitment to science-based targets and contributes to the overarching goal of limiting global warming to 1.5°C. The company has already achieved its 2025 targets for reduction in scope 1, scope 2, and business travel emissions.

In terms of waste management, ADOBE has been successful in diverting waste from its global owned and/or managed facilities, with a waste diversion rate of 88% in 2022. The company has also made progress in reducing its water consumption, with a 6% recycling rate and a focus on regions with high or extremely high baseline water stress.

ADOBE has focused on renewable energy and energy efficiency. The company has already achieved a 54% renewable energy consumption rate and aims to increase this to 100% by 2025. ADOBE has also partnered with its cloud providers to develop refined reporting methodology to help customers understand the emissions associated with the delivery of ADOBE products and services.

In conclusion, ADOBE showcases a strong commitment to sustainability, marked by significant progress in reducing GHG emissions. The company has successfully achieved several emission reduction goals and demonstrates effective management of waste and water. Through strategic investments in renewable energy and energy efficiency, ADOBE actively contributes to shaping a more sustainable future.

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