GlobalData offers a comprehensive analysis of GoDaddy, 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 GoDaddy‘s ESG performance. GlobalData’s company profile on GoDaddy 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.
GoDaddy, a leading internet domain registrar and web hosting company, is committed to reducing its carbon emissions. The company acknowledges that climate change is a rising threat and has taken a firm stance on addressing it. The company is dedicated to achieving a 50% reduction in scope 1 and 2 GHG emissions by 2025 from a 2019 baseline. Scope 1 emissions cover direct emissions from owned or controlled sources, while scope 2 emissions include those from the generation of purchased electricity.
In terms of carbon emissions, GoDaddy's 2022 Sustainability Report reveals the following figures for different scopes: Scope 1 emissions amounted to 1,242 mt CO2e, Scope 2 emissions (both location-based and market-based) were 38,109 and 32,379 mt CO2e respectively, and Scope 3 emissions totaled 142,226 mt CO2e. These figures indicate a reduction in emissions compared to the previous year. In 2022, GoDaddy's absolute emissions (market-based) for scope 1 and 2 amounted to 33,621 mt CO2e. This represents a 35% reduction compared to the 2019 baseline. The overall emissions footprint, including scope 1, 2, and 3, reached 175,846 mt CO2e in 2022.
To achieve its emission reduction goals, GoDaddy has taken several steps. It is also actively evaluating renewable energy options for its data centers globally. In fact, all of its data centers in the European, Middle Eastern, and African regions currently operate on 100% renewable energy. Additionally, GoDaddy is working on portfolio optimization to further reduce its environmental impact.
GoDaddy recognizes the importance of sustainability and has assembled a climate change task force to evolve its climate-related strategies and disclosures. The company has also issued a position statement on climate change, emphasizing the need for urgent action to address this global threat.
In conclusion, GoDaddy is dedicated and has made significant progress in reducing its carbon footprint. The company has taken steps to optimize its operations, evaluate renewable energy options, and actively engage in sustainability governance. By prioritizing sustainability, GoDaddy aims to contribute to a more sustainable future while empowering entrepreneurs and making opportunities more inclusive for all.