Environment
We are focused on operating responsibly and strengthening our environmental program in order for CyberArk to move Fearlessly Forward, sustainably. In 2022 we measured our emissions for the first time, conducted internal training sessions on climate-related strategy, and conducted an initial scenario analysis. We received third-party verification of our 2023 Scope 1 and Scope 2 GHG emissions.
Verified emissions were (in mtCo2e):
Scope 1: 167.77
Scope 2: Location-Based: 1,954.25
Scope 2: Market Based: 1,939.65
Total Scope 1 and Scope 2 (Market-based): 2,107.42
Environmental sustainability
Working together with our people and communities by implementing actions that promote a stronger, healthier planet. Our latest ESG report contains disclosure, including the outcome of a climate scenario analysis, aligned with the Task Force on Climate-related Financial Disclosure (TCFD)
Engagement and awareness
Engaging employees on key initiatives can be a key to long-term success. Green Spirit Challenge encourages employee behavior and local Green teams plan and help carry out initiatives.
Measurement and action
Since 2021, we’ve measured our Scope 1 and Scope 2 GHG emissions inventory annually and are taking steps to expand our measurement to include Scope 3. Additional actions we are taking include; data center planning to reduce our footprint, implementing a CyberArk forest program and achieving green bureau certification of our programs.
Sustainability via continuous improvement
Hybrid work
Providing flexible work schedules to reduce our travel and lower our carbon footprint
Reducing footprint
Leveraging the cloud to reduce the environmental impact of data center space
Green offices
Increasing awareness and choosing more sustainable solutions
What we are doing
Championing the environment means we take action. Together we can make a difference!
Cloud environmental efficiency
Our data center strategy of running most of our IT infrastructure in the public cloud reduces our total environmental impact.
Emission reduction initiatives
From installing energy-efficient HVAC systems to reducing travel to having onsite charging stations for electric vehicles and providing e-bikes for local transport — CyberArk focuses on environmental responsibility.
Green teams spring into action
Our Green Teams lead the way in employee education, exploring and enabling initiatives to keep our business environmentally sustainable.
Platinum level member of the Green Business Bureau
The Green Business Bureau helps businesses worldwide validate and improve their sustainability efforts. In the US, CyberArk is a Platinum Level Member, celebrated for its employee engagement that drives environmental sustainability.
CyberArk forest
Aiming to balance our environmental impact, CyberArk is planting a tree for each new employee and enables our employees to plant trees as part of its employee recognition program.
Climate change
To better understand and assess the climate-related risks and opportunities facing our business and to help establish a climate strategy, we conducted two corporate-level climate strategy sessions for senior leaders in 2022. The analysis found that overall, climate-related risks pose a low risk to CyberArk’s business and operations in the near-to medium-term and that we are well positioned to align and adapt to the transition to a lower carbon global economy. However, we will continue to monitor these developments and integrate considerations into business planning where necessary.
Join our team
Work with like-minded socially responsible professionals
Engage with executives to reduce our carbon footprint
Contribute to CyberArk as an environmental leader
*In 2022 we completed a Scope 1 and Scope 2 GHG emissions inventory to establish a baseline.
*CyberArk has calculated our Scope 1 and 2 emissions inventory in line with GHG Protocol. Both location-based and market-based Scope 2 emissions are calculated (with market-based Scope 1 and 2 reported in our ESG Report). CyberArk uses the operational control approach to determine the boundary of our Scope 1 and 2 inventory. CyberArk’s Scope 1 and 2 inventory is calculated using a combination of primary data and secondary data (estimations).
