Energy Efficiency, GHG Emissions  -  November 29, 2021

Splunk Commits to Net Zero by 2050

Splunk, Inc., a data platform provider, announced its plan to achieve net zero greenhouse gas emissions by 2050 and a commitment to set several shorter-term five, 10, and 15 year science-based targets by the end of fiscal year 2023. 

The San Francisco-based company said all targets will be submitted to the Science Based Target initiative (SBTi) and consistent with a 1.5°C ambition level. Splunk also said it supported the Task Force on Climate-related Financial Disclosures (TCFD). Earlier in 2020, the company enhanced transparency by disclosing its environmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform.

“We believe in the power of data to tackle some of the world’s most pressing challenges, and climate change is one of humanity’s biggest and most pressing collective challenges,” said Scott Morgan, chief legal officer, global affairs and secretary for Splunk in a statement. “We are proud to advance our climate journey with a fact-based, data-driven approach and build on our previous support for the Paris agreement. In setting a science-based net zero emissions reduction target and committing to register a suite of shorter-term targets by the end of our next fiscal year, Splunk is responding to an urgent call-to-action, alongside a global network of United Nations agencies, businesses and industry leaders.”

Over the next fiscal year Splunk aims to conduct science- and data-based climate scenario analyses, risk, and opportunities assessments and implement clear transition pathways that will form the basis of the shorter-term targets that will be announced at the end of next year. This work is part of a broader Splunk global climate resilience and innovation strategy that will be shared in Splunk’s upcoming global impact report scheduled for release in December 2021.