Palantir Technologies UK, Ltd.
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:13,411 tCO2e
Scope 1 Emissions:183 tCO2e
Scope 2 Emissions:1,505 tCO2e
Scope 3 Emissions:11,723 tCO2e
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
Environmental Achievements
- Achieved net-zero carbon emissions for 2021 through a reduction of overall carbon emissions from the 2019 baseline by nearly 60% across Scopes 1, 2, and 3 and the purchase and retirement of carbon offsets.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Calculating Scope 3 emissions is sometimes uncertain due to incomplete data availability.
- Company growth (revenue and headcount) contributes to potential for carbon emissions.
Mitigation Strategies
- Leveraging the Foundry Carbon Module to develop models that estimate Scope 3 emissions.
- Intending to achieve carbon neutrality in coming years even with company growth.
- Purchasing and retiring carbon offsets to account for un-reduced emissions, focusing on credibility, verifiability, and co-benefits aligned with UN Sustainable Development Goals.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SBTi
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:3754 tCO2e/year
Scope 1 Emissions:54 tCO2e/year
Scope 2 Emissions:360 tCO2e/year
Scope 3 Emissions:3340 tCO2e/year
ESG Focus Areas
- Climate Change
Environmental Achievements
- Achieved carbon neutrality in 2022 through emissions reductions and carbon offsets.
- Estimated 82% reduction in emission intensity per compute hour year-over-year compared to 2021 due to advancements by cloud compute partners.
- Launched Agora, a supply chain emissions tracking platform.
Social Achievements
- Partnered with Fooditude for environmentally friendly catering and OLIO to reduce food waste and support communities.
Governance Achievements
- This Carbon Reduction Plan has been reviewed and signed off by the board of directors.
Climate Goals & Targets
Long-term Goals:
- Achieve Net Zero emissions.
Medium-term Goals:
- Reduce carbon emissions to tCO2e or lower by 2029 (42% reduction against 2019 levels).
Short-term Goals:
- Validate greenhouse gas emissions targets in 2023.
Environmental Challenges
- Cloud computational activity and business travel were significant contributors to carbon footprint in prior years.
- Reducing emissions across all scopes.
Mitigation Strategies
- Significant advancements toward carbon neutrality by cloud compute partners.
- Engineering investments to improve compute efficiency of software platforms.
- Encouraging virtual meeting options and purchasing sustainable aviation fuel.
- Working with SBTi to set and achieve science-based targets.
- Exploring opportunities to reduce or eliminate emissions across Scopes 1, 2, and 3; using offsets where reduction isn't possible.
Supply Chain Management
Responsible Procurement
- Making informed choices about our suppliers.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GHG Protocol Corporate Standard, GHG Protocol Scope 2 Guidance, GHG Protocol Scope 3 Guidance, SECR
Sustainable Products & Innovation
- Agora, a supply chain emissions tracking platform.
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:4196 tCO2e/year
Scope 1 Emissions:22 tCO2e/year
Scope 2 Emissions:378 tCO2e/year
Scope 3 Emissions:3796 tCO2e/year
ESG Focus Areas
- Climate Change
Environmental Achievements
- Achieved carbon neutrality in 2023 through emissions reductions and carbon offset purchases.
- 82% reduction in emission intensity per compute hour year-over-year (2021-2022) due to advancements by cloud compute partners.
- 32% year-over-year reduction in carbon emissions attributed to cloud compute from 2022 to 2023.
- 80% reduction in single-use plastic water bottles consumption in London offices over a six-month period (2023-2024).
Social Achievements
- Partnered with Fooditude to reduce food waste and provide locally-sourced food in London office.
- Partnered with OLIO to distribute surplus food to individuals and food banks in London.
Governance Achievements
- This Carbon Reduction Plan has been reviewed and signed off by the board of directors.
Climate Goals & Targets
Long-term Goals:
- Net Zero emissions
Short-term Goals:
- Reduce carbon emissions to 4,153 tCO2e or lower by 2029 (42% reduction from 2019 levels).
Environmental Challenges
- Business travel remains a significant contributor to Scope 3 emissions.
- Reducing emissions from cloud computing, despite significant progress.
Mitigation Strategies
- Continued assessment of business travel needs.
- Continued assessment of reduction actions through the purchasing of renewable power for leased properties.
- Engineering investments to improve the compute efficiency of software platforms.
- Utilizing virtual meeting options when possible.
Supply Chain Management
Responsible Procurement
- Making informed choices about our suppliers
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GHG Protocol Corporate Standard, GHG Protocol Scope 2 Guidance, GHG Protocol Scope 3 Guidance, SECR
Sustainable Products & Innovation
- Agora, a supply chain emissions tracking platform