Adobe — in detail

Full extracted data, every event in the company's history we've captured, and (soon) external news. The full ratios diagnostic with peer benchmarks lives at /ratios.

Reference sources (3/5)

Source documents
Recent disclosure
Multi-year metrics
Targets
Certifications

External news

No ESG-relevant news ingested yet for this company. Run python -m pipeline.news_gdelt to backfill. Sourced from GDELT 2.0 (3-month trailing window).

Data by year· every metric + key events per year

Each year shows the firm's reported metrics on the left and the most material events on the right. Up to 10 events per year; the full event log is one click further.

2025

cdp response ↗annual report ↗

P&L highlights (USD)

Headcount (FTE)	31,360people
Revenue	23.8B
Cost of revenue	(2.6B)
Gross profit	21.2B
Total operating expenses	(12.5B)

Balance sheet highlights (USD)

Property, plant & equipment	1.9B
Right-of-use (leased) assets	312M
Total assets	29.5B
Total debt	6.2B
Cash & equivalents	5.4B

Market & shares

Market cap (FY-end)

144.9B

Events 2025· 3

Issued $2.0B in new senior notes in January 2025

In January 2025, Adobe issued $800M notes due 2028, $700M notes due 2030, and $500M notes due 2035, generating ~$1.99B net proceeds. In February 2025, $1.5B of maturing notes were repaid. Net new debt increased total outstanding senior notes to $6.15B.

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$25B share repurchase program; $11.28B repurchased in FY2025

In March 2024, Adobe's Board authorized repurchase of up to $25B of common stock through March 14, 2028. During fiscal 2025, Adobe made payments totaling $11.28B to repurchase 30.8M shares through accelerated and open market programs.

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Agreement to acquire Semrush Holdings for ~$1.9B

On November 18, 2025, Adobe entered into a definitive agreement to acquire Semrush Holdings, Inc., a publicly held brand visibility platform company, for approximately $1.9 billion of cash consideration. Transaction expected to close in first half of fiscal 2026, subject to regulatory approvals.

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2024

sustainability report ↗cdp response ↗annual report ↗

Climate · carbon footprint (tCO2e)

Scope 1	7,218
Scope 2 (market-based)	19,602
Scope 3	496,591
Cat 1 · Purchased goods	409,284
Cat 2 · Capital goods	14,548
Cat 3 · Fuel + energy	10,984
Cat 4 · Upstream transport	472
Cat 5 · Waste in operations	0
Cat 6 · Business travel	49,260
Cat 7 · Employee commuting	12,043
Cat 8 · Upstream leased	0
Cat 9 · Downstream transport	0
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	0
Cat 12 · End-of-life	0
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	523,411
Net carbon footprint	523,411

Energy (kWh)

Electricity	197.1M
Fuel (stationary + mobile)	31M
Total energy	228.7M
Renewable energy	(147.4M)
Non-renewable / hydrocarbon	81.3M
Renewable electricity %	74%

P&L highlights (USD)

Headcount (FTE)	30,709people
Revenue	21.5B
Cost of revenue	(2.4B)
Gross profit	19.1B
Total operating expenses	(12.4B)

Balance sheet highlights (USD)

Property, plant & equipment	1.9B
Right-of-use (leased) assets	281M
Total assets	30.2B
Total debt	5.7B
Cash & equivalents	7.6B

Market & shares

Market cap (FY-end)

164.7B

Events 2024· 20

Figma acquisition terminated; $1 billion termination fee paid

On December 17, 2023, Adobe and Figma entered a mutual termination agreement ending the proposed ~$20B merger. Adobe paid Figma a $1 billion termination fee recorded in operating expenses in fiscal 2024. Not tax-deductible for financial statement purposes.

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96% of global space LEED/green-certified as of end FY2024

As of end of FY2024, 96% of total global space worldwide is LEED/green-certified. Adobe's new all-electric Founders Tower in San Jose (opened early 2023) is the first all-electric building of its scale in Silicon Valley, powered by 100% solar and wind energy, LEED Gold certified.

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Scope 3 intensity target adds Cat 1, 2, 3, 4, 6, 7 under new 2024 near-term SBTi submission

The new 2024 near-term SBTi intensity target (Int 1) explicitly covers Scope 3 categories 1, 2, 3, 4, 6 and 7 per $million gross profit — broader scope 3 coverage than the prior target (Abs 3) which only covered Cat 6 business travel. This represents expanded value-chain accountability.

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RE100 commitment via PPAs, VPPAs, on-site solar and RECs targeting 100% renewable electricity by FY2025

Adobe has been an RE100 member since 2015 and accelerated its 100% renewable electricity target from 2035 to 2025. In FY2024, renewable electricity reached 74.4% of total consumption (up from 66% in FY2023), sourced through a mix of instruments: a virtual PPA for wind energy in Iowa (Green-e certified, since 2018), a physical PPA for solar and wind at Oregon's largest solar farm (Pachwáywit Fields, expected to deliver ~23,000 MWh annually to the Hillsboro data centre), direct-line solar PPAs for Adobe's Bangalore and Noida offices in India, retail green electricity contracts in Australia and the UK (GoOs/REGOs), I-RECs for Singapore, and rooftop solar installations at Lehi, Utah and Bangalore. Adobe invested ~$100,000 in incremental renewable procurement in FY2024, avoiding 5,072 tCO2e. The company states it is on track to meet its 100% renewable electricity goal in FY2025.

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Permanent carbon removals planned for net-zero residual neutralisation at FY2050

Adobe's SBTi-validated net-zero target (NZ1) commits to neutralise any residual emissions remaining after 90% absolute reduction across Scope 1, 2 and 3 by FY2050 with permanent carbon removals. Adobe intends to purchase and cancel carbon credits for neutralisation at the end of the target. No near-term removal investments are planned; the priority through 2030 is renewable electricity procurement and energy efficiency. No project-based carbon credits were retired in the FY2024 reporting year.

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Primary: Energy efficiency and electrification of Adobe-controlled offices and data centres

Adobe is implementing annual energy efficiency plans across its largest sites with energy conservation measures. The company is shifting toward electrification in major US sites and working with landlords to eliminate natural gas from new construction — exemplified by its all-electric Founders Tower in San Jose (LEED Gold, opened 2023). Product development teams deploy low-energy chips, intelligent data tiering to minimise idle storage, and optimise processing workloads by selecting server locations and workload timing to minimise carbon load. 96% of global space is now LEED/green-certified.

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Primary: Scope 1 and 2 emissions reduction through renewable energy procurement and refrigerant management

Adobe's primary Scope 1+2 lever is renewable electricity sourcing (74.4% in FY2024 vs 66% in FY2023), with a target of 42% absolute reduction in market-based Scope 1+2 by FY2030 from FY2022 base. Scope 1 sources include natural gas heating (4,057 tCO2e), refrigerants (929 tCO2e) and diesel backup generators (385 tCO2e). Adobe is working to reduce refrigerant leakage and replace natural gas by selecting all-electric building designs. Combined Scope 1+2 market-based fell to 26,820 tCO2e in FY2024, a 21.66% reduction toward the 42% by 2030 target.

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Primary: Business travel reduction and sustainable travel policies

Adobe has an SBTi-validated target to reduce business travel (Scope 3 Cat 6) by 30% by FY2025 from a FY2018 base of 84,401 tCO2e; the target was achieved (139% progress). The company displays carbon emissions in the booking process, promotes rail travel as an alternative to air in relevant markets, and offers electric vehicles within policy when renting cars. Travel is actively monitored and FY2024 business travel was 49,260 tCO2e (41.6% below FY2018 base), though the target is kept 'underway' pending stabilisation of travel volumes.

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Dependent: Supplier engagement to drive SBTi adoption across the value chain

Adobe's largest Scope 3 category is purchased goods and services (Cat 1: 409,284 tCO2e in FY2024). Adobe's Global Procurement team engages suppliers to set Science Based Targets at four milestones: RFx process, vendor onboarding, supplier business reviews and contract renewal. The goal is to have 55% of spend with SBTi-committed vendors; as of end FY2024, 24% of suppliers by spend had an approved SBT. Suppliers are required to accept Adobe's Business Partner Code of Conduct, which encourages SBT-setting. Adobe also collaborates with its public cloud provider through a customer roundtable to obtain actual emissions and water footprint data to improve Scope 3 Cat 1 calculations.

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DOJ filed civil complaint against Adobe for subscription cancellation practices

On June 17, 2024, the DOJ filed a civil complaint in the Northern District of California alleging Adobe failed to clearly disclose terms and provide simple cancellation mechanisms in violation of ROSCA and the FTC Act. Adobe filed a motion to dismiss in October 2024.

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see 10 more events →

2023

cdp response ↗sustainability report ↗

Climate · carbon footprint (tCO2e)

Scope 1	7,649
Scope 2 (market-based)	22,950
Scope 3	612,099
Cat 1 · Purchased goods	511,376
Cat 2 · Capital goods	47,112
Cat 3 · Fuel + energy	5,470
Cat 4 · Upstream transport	559
Cat 5 · Waste in operations	0
Cat 6 · Business travel	38,141
Cat 7 · Employee commuting	9,441
Cat 8 · Upstream leased	0
Cat 9 · Downstream transport	0
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	0
Cat 12 · End-of-life	0
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	642,698
Net carbon footprint	642,698

Energy (kWh)

Electricity	194.5M
Fuel (stationary + mobile)	36M
Total energy	230.7M
Renewable energy	(127.7M)
Non-renewable / hydrocarbon	103M
Renewable electricity %	66%

Nature

waste generated t	1,607tonnes
water recycled pct	8%
waste landfill t	291tonnes
water withdrawal m3	318,834m3
waste recycled t	471tonnes

Social

workforce female pct	35%
workforce management female pct	29%
ethnicity minority pct	12%
community investment amount	115.2MUSD
workforce board female pct	33%
h s total recordable injury rate	0per 200000 hours
supply chain audited pctⓘ	100%
employee turnover pct	7%
h s fatalities	0count

Governance

board independence pct	92%
board diversity pct	58%
audit assurance climate levelⓘ	1level

P&L highlights (USD)

Headcount (FTE)	29,945people
Revenue	19.4B
Cost of revenue	(2.4B)
Gross profit	17.1B
Total operating expenses	(10.4B)

Balance sheet highlights (USD)

Property, plant & equipment	2B
Right-of-use (leased) assets	358M
Total assets	29.8B
Total debt	3.7B
Cash & equivalents	7.1B

Events 2023· 38

Dependent: Cloud infrastructure decarbonisation via ARM processor migration (41% emissions reduction in pilot)

Adobe partnered with its largest public cloud provider to migrate Adobe AdCloud to ARM-based processors. The pilot resulted in a 14% decrease in overall compute consumption and a 41% reduction in associated carbon emissions. Adobe is scaling this migration further, with a FY2024 target to migrate 24% of eligible compute running hours to ARM processors, which on average consume 50-60% less power than x86 processors. Product teams also utilise low-energy chips, optimise processing workloads, and minimise data storage and caching.

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42% absolute Scope 1+2 reduction by FY2030 (FY2022 base)

Science-based target: 42% reduction in absolute Scope 1 and 2 GHG emissions by FY2030 from a FY2022 base year.

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25% water usage reduction per FTE by 2025

25% reduction in global water usage per full-time employee by 2025 from FY2019 baseline.

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100% renewable electricity by 2025

Adobe is on track to achieve 100% renewable electricity by 2025 across its operations, as part of its broader net zero by 2050 commitment underpinned by science-based targets aligned with the 1.5°C scenario.

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Primary: Green-building certified offices

Target of 80% of Adobe offices, by square footage, within LEED or equivalent green building-certified spaces, reducing operational emissions from real estate.

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Net zero by 2050 commitment

Adobe committed to achieving net zero by 2050, with science-based targets aligned to the 1.5°C scenario.

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100% renewable electricity by 2025

Adobe is on track to achieve 100% renewable electricity by 2025.

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80% LEED-certified office footprint target

80% of Adobe offices, by square footage, are within LEED or equivalent green building-certified spaces.

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Primary: Cloud workload placement and timing

Optimizing processing workloads to consume the least amount of energy by considering server locations and workload timing so that they draw the smallest possible carbon load. Also prioritising minimal data storage/caching on physical infrastructure via efficient coding languages.

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52% Scope 3 intensity reduction by FY2030 (FY2022 base)

Science-based target: 52% reduction in Scope 3 GHG emissions per USD value added by FY2030 from FY2022 base year.

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see 28 more events →

2022

sustainability report ↗cdp response ↗

Climate · carbon footprint (tCO2e)

Scope 1	6,568
Scope 2 (market-based)	22,936
Scope 3	463,438
Cat 1 · Purchased goods	405,645
Cat 2 · Capital goods	26,084
Cat 3 · Fuel + energy	6,227
Cat 4 · Upstream transport	66
Cat 5 · Waste in operations	0
Cat 6 · Business travel	19,704
Cat 7 · Employee commuting	5,711
Cat 8 · Upstream leased	0
Cat 9 · Downstream transport	0
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	0
Cat 12 · End-of-life	0
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	492,942
Net carbon footprint	492,942

Energy (kWh)

Electricity	180.8M
Fuel (stationary + mobile)	31.6M
Total energy	206.5M
Renewable energy	(112.3M)
Non-renewable / hydrocarbon	94.2M
Renewable electricity %	62%

Nature

water recycled pct	6%
waste landfill t	231tonnes
water withdrawal m3	264,682m3
waste generated t	1,992tonnes
water consumption m3	282,744m3
waste recycled t	864tonnes

Social

h s total recordable injury rate	0per 200000 hours
workforce management female pct	28%
employee turnover pct	12%
workforce female pct	35%
ethnicity minority pct	12%
h s fatalities	0count
workforce board female pct	33%
gender pay gap median pct	3%
community investment amount	113.8MUSD

Governance

board independence pct	91%
audit assurance climate levelⓘ	1level

P&L highlights (USD)

Headcount (FTE)	29,239people
Revenue	17.6B
Cost of revenue	(2.2B)
Gross profit	15.4B
Total operating expenses	(9.3B)

Events 2022· 26

Definitive agreement to acquire Figma

Adobe entered into a definitive agreement to acquire Figma, Inc. in FY2022.

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Primary: Operational energy efficiency across owned and leased office portfolio

Adobe develops annual site-specific energy conservation measure (ECM) roadmaps for its largest offices, encompassing lighting, HVAC, and BMS upgrades. In FY2022, 17 implemented initiatives saved 94.66 tCO2e and $24,840 with $45,000 investment. Over 10+ years, 200+ sustainability projects have saved millions of USD in OpEx. 85% by square foot of worldwide buildings are LEED/Green-Certified. Longer-term plans include all-electric building retrofits and removal of fossil-fuel equipment, aligned to SBT reduction commitments.

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Dependent: Supplier SBT engagement to decarbonise purchased goods & services (Cat 1)

Adobe's SBTi-approved supplier engagement target requires 55% of suppliers by spend to set SBTs by FY2025 (2018 baseline: 12%; FY2022 progress: 33.73%). The Global Procurement team embeds SBT encouragement at four vendor relationship milestones (RFx, onboarding, business reviews, contract renewal) targeting strategic suppliers with contracts >$500k. The Business Partner Code of Conduct requires suppliers to track Scope 1 & 2 emissions and consider SBTs and 100% renewable energy goals. This target covers 66% of supplier-related Scope 3 emissions (Cat 1 + 2).

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Net zero by 2050 target (NZ1) with planned SBTi validation

Adobe set a company-wide net zero by 2050 target, intending to neutralize any unabated emissions with permanent carbon removals. Plans to seek SBTi validation within two years from reporting date. Linked to Abs1 and Abs2 targets.

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RE100 commitment: 100% renewable electricity by 2025 via PPAs, direct access, green tariffs

Adobe joined RE100 in 2015 and committed to 100% renewable electricity by FY2025. In FY2022, 62.1% of electricity consumed was renewable, sourced through multiple instruments: a virtual PPA in Iowa (wind, 33,466 MWh), physical PPAs in the US (solar+wind, 27,238 MWh) and India (solar, 13,753 MWh), a California direct-access retail contract (solar+wind, 27,238 MWh), green utility tariffs, and colocation provider-sourced RECs/REGOs/I-RECs in the UK, Ireland, and Singapore. Adobe avoids unbundled RECs in favour of additive, locally-sited projects. The Northern California direct-access agreement (operational full FY2022) was the largest single contributor to Scope 2 reduction.

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Primary: Business travel reduction via virtual collaboration tools and travel policies

Adobe targets a 30% reduction in Scope 3 Category 6 business travel emissions by FY2025 vs FY2018 baseline of 84,401 tCO2e. In FY2022 actual was 19,704 tCO2e (77% below baseline), reflecting both COVID-related suppression and a company policy encouraging travel reduction unless necessary. Adobe Creative Cloud enables virtual collaboration across geographies, structurally reducing the need for in-person travel. The company partners with travel providers to monitor progress.

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Planned use of permanent carbon removals to neutralise residual emissions at net zero

Adobe's 2050 net zero target (NZ1) explicitly states that unabated residual emissions will be neutralised with permanent carbon removals at the target year. Near-term milestones focus on renewable energy procurement and electrification of major US sites; longer-term the company plans to work with suppliers and cloud providers to reduce their footprints. No specific removal technology (DAC, BECCS, biochar) is named; SBTi validation of the net zero target is planned within two years of the FY2022 reporting date.

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100% renewable electricity target accelerated from 2035 to 2025

Adobe accelerated its goal of powering 100% of operations with renewable electricity from 2035 to 2025, supporting its science-based target aligned with 1.5°C pathway.

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Achieved Scope 1, 2 and business travel reduction targets ahead of plan

Adobe achieved its 2025 targets for Scope 1, Scope 2 and business travel emissions reduction ahead of the target year.

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25% reduction in water usage per FTE by 2025

Declared new water reduction commitment: 25% reduction in global water usage per full-time employee by 2025 from a 2019 baseline.

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see 16 more events →

2021

Climate · carbon footprint (tCO2e)

Scope 1	4,923
Scope 2 (market-based)	30,460
Scope 3	424,343
Cat 1 · Purchased goods	396,221
Cat 2 · Capital goods	18,340
Cat 3 · Fuel + energy	7,323
Cat 4 · Upstream transport	6
Cat 5 · Waste in operations	0
Cat 6 · Business travel	1,187
Cat 7 · Employee commuting	1,267
Cat 8 · Upstream leased	0
Cat 9 · Downstream transport	0
Cat 10 · Processing of sold	0
Cat 11 · Use of sold products	0
Cat 12 · End-of-life	0
Cat 13 · Downstream leased	0
Cat 14 · Franchises	0
Cat 15 · Investments	0
Gross carbon footprint	459,726
Net carbon footprint	459,726

Energy (kWh)

Electricity	218.6M
Fuel (stationary + mobile)	23.5M
Total energy	242.1M
Renewable energy	(131.7M)
Non-renewable / hydrocarbon	110.4M
Renewable electricity %	60%

Nature

water recycled pct	3%
waste landfill t	106tonnes
water withdrawal m3	203,958m3
waste recycled t	566tonnes
waste generated t	1,189tonnes
water consumption m3	210,464m3

Social

workforce board female pct	33%
h s total recordable injury rate	0per 200000 hours
workforce management female pct	25%
employee turnover pct	12%
community investment amount	95.5MUSD
workforce female pct	34%
ethnicity minority pct	11%
h s fatalities	0count

Governance

board independence pct	91%
audit assurance climate levelⓘ	1level

P&L highlights (USD)

Headcount (FTE)	25,988people
Revenue	15.8B

Events 2021· 12

Dependent: Data center resilience investment and cloud migration to reduce climate risk

Adobe invested ~$52M in a 4th data hall (DH4) expansion at its Oregon data center (OR1) to reduce climate-related business interruption risk from California wildfires and extreme heat. OR1 has N+1 power and cooling redundancy. This also supports workload migration away from climate-exposed California facilities. Adobe additionally works with AWS, Azure, and CoLo providers under the Corporate Colocation & Cloud Buyers' Principles to procure renewable energy for cloud operations.

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Third-party limited assurance on Scope 1, 2 and 3 emissions per ISO14064-3

Adobe maintained annual third-party limited assurance (ISO 14064-3) covering 100% of Scope 1, Scope 2 (both location- and market-based), and Scope 3 categories 1,2,3,4,6,7. Renewable energy procurement activities also verified.

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No carbon removals or offsets used — Adobe does not purchase project-based carbon credits

Adobe explicitly states it has not originated or purchased any project-based carbon credits in the reporting period and does not use an internal carbon price. The company does not rely on offsets or carbon removal mechanisms as part of its current decarbonisation strategy, focusing instead on operational renewable energy procurement and absolute emissions reductions to meet SBTi-approved targets.

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Northern California offices switched to 100% renewable electricity via direct access

In July 2021, Adobe's Northern California sites (Emeryville, 601/625 Townsend, Almaden/West/East Tower) switched to 100% renewable electricity via direct utility access from wind and solar plants in California. GBR2 colocated data center also added at 100% renewable.

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RE100 commitment: procuring renewable electricity via PPAs, green tariffs, and RECs globally

Adobe joined RE100 in 2015 committing to 100% renewable electricity for workplaces and managed data centers by FY2035. By FY2021, approximately 60% of electricity consumed was renewable. Adobe procures renewables without unbundled RECs where possible: via virtual PPAs (wind in Iowa, solar in California), open-access PPAs (solar in India for Bangalore and Noida), green utility tariffs (Oregon, Utah), and CoLo provider green tariffs (Equinix RECs for US/UK/Ireland/Singapore, NTT REGOs for UK). Northern California sites switched to 100% renewable direct access in July 2021. Adobe also has 0.42 MW rooftop solar at its Lehi, Utah building. Two additional solar farm projects were delayed in FY21 due to supply chain shortages.

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Primary: Energy efficiency in buildings via site-specific ECM roadmaps

Adobe develops annual energy efficiency plans for its largest sites, comprising site-specific energy conservation measures (ECMs) ranging from LED upgrades and HVAC replacements to BMS controls refinements. These are formally aligned to SBT delivery. In FY2021, implemented ECMs delivered 416 tCO2e savings at a cost of ~$1.16M with annual savings of ~$92K. Site managers have KPIs tied to ~2% annual energy consumption reduction.

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Dependent: Supplier engagement to drive SBT adoption across the supply chain

Adobe's largest Scope 3 category is purchased goods and services (Cat 1: 396,221 tCO2e in FY2021). Adobe targets 55% of suppliers by spend having SBTi-approved targets by FY2025. Strategic sourcing professionals engage suppliers at four milestones: RFx, onboarding, business reviews, and contract renewal. Adobe's Business Partner Code of Conduct requires suppliers to track Scope 1+2 emissions and consider SBTs and 100% renewable energy goals. As of FY2021, 30% of suppliers by spend are SBTi participants. Digital CoLo suppliers are specifically engaged to procure renewable energy.

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New methodology for Scope 3 Cat 7 employee commuting using badge entry data

For FY21, Adobe adopted a new approach to calculating employee commuting (Scope 3 Cat 7) using actual unique badge entry data globally and applying average roundtrip commute distance per badge entry, rather than previous survey-based approach.

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Full year without natural gas fuel cells contributed to Scope 1 reduction

FY2021 was the first full year without natural gas fuel cells, contributing significantly to Scope 1 and combined Scope 1+2 emissions reductions of 31-35% vs prior year.

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Primary: Renewable electricity procurement for offices and data centers

Adobe's primary decarbonisation lever is switching electricity supply to renewables. The company operates managed data centers (OR1 in Oregon, multiple CoLos) and global offices, and procures renewable electricity through PPAs, green tariffs, and RECs. The Northern California switch to direct access renewables and addition of GBR2 on 100% renewable supply drove 2,621 tCO2e reduction in FY2021. Adobe targets over 1/3 of its Oregon OR1 data center on renewables by end of FY22.

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see 2 more events →

2020

Climate · carbon footprint (tCO2e)

Scope 1	9,598
Scope 2 (market-based)	33,535
Scope 3	393,465
Cat 1 · Purchased goods	325,392
Cat 2 · Capital goods	28,812
Cat 3 · Fuel + energy	12,692
Cat 4 · Upstream transport	682
Cat 6 · Business travel	11,978
Cat 7 · Employee commuting	13,908
Gross carbon footprint	436,598
Net carbon footprint	436,598

Energy (kWh)

Electricity	162.4M
Fuel (stationary + mobile)	45.8M
Total energy	208.2M
Renewable electricity %	48%

Nature

water recycled pct	4%
waste landfill t	92tonnes
water consumption m3	260,154m3
waste recycled t	258tonnes
waste generated t	803tonnes

Social

workforce board female pct	36%
h s fatalities	0count
workforce management female pct	24%
h s total recordable injury rate	0per 200000 hours
workforce female pct	33%
ethnicity minority pct	10%
community investment amount	86.9MUSD

Governance

audit assurance climate levelⓘ	1level
board independence pct	91%

P&L highlights (USD)

Headcount (FTE)	22,516people
Revenue	12.9B

Events 2020· 8

Original SBTi near-term Scope 1+2 target (Abs 2): 35% reduction by FY2025 from FY2018 — Achieved

Adobe set an SBTi-validated target to reduce Scope 1 and 2 (market-based) emissions 35% by FY2025 from a FY2018 base year (59,990 tCO2e). Target was achieved by FY2023 (157.98% achieved by end of FY2024 reporting year). Adobe subsequently set a tighter near-term target for 2030.

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SBTi-approved 35% Scope 1+2 reduction target by 2025 (Abs1)

Adobe set and received SBTi approval for a 1.5°C-aligned absolute target to reduce Scope 1 and 2 (market-based) emissions 35% by FY2025 vs FY2018 baseline. Target was set in 2020. As of FY2022 the target was achieved at 145% of required reduction.

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SBTi supplier engagement target: 55% of suppliers by spend to set SBTs by 2025

Adobe set an SBTi-approved supplier engagement target requiring 55% of suppliers by spend to set science-based targets by FY2025. FY2023 progress: 28% (SBTi approved or committed). Base year FY2018: 12%.

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RE100 commitment: 100% renewable electricity by FY2025

Adobe committed to achieve 100% renewable electricity for workplaces and managed data centers by FY2025, aligned with RE100. Base year FY2018: 9.4% renewable. FY2023 progress: 66%.

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RE100 target: 100% renewable electricity by FY2025 (accelerated from 2035)

Adobe set a target to achieve 100% renewable electricity for workplaces and managed data centres by FY2025, part of its RE100 commitment (joined RE100 in 2015). The target was accelerated from 2035 to 2025. As of FY2024, 74.4% achieved. Adobe states it expects to meet the target in FY2025.

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SBTi Scope 3 business travel target (Abs 3): 30% reduction by FY2025 from FY2018 — Achieved

Adobe set an SBTi-validated target to reduce Scope 3 Cat 6 business travel emissions 30% by FY2025 from a FY2018 base year (84,401 tCO2e). Target was achieved (139.32% achieved). Adobe continues to monitor travel and keeps target as underway until stabilisation.

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SBTi-approved 30% Scope 3 business travel reduction target by 2025 (Abs2)

Adobe set and received SBTi approval for a 1.5°C-aligned absolute target to reduce Scope 3 Category 6 (business travel) 30% by FY2025 vs FY2018 baseline of 84,401 tCO2e. In FY2022 actual was 19,704 tCO2e, achieving 255% of required reduction mainly due to COVID travel suppression.

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SBTi-approved supplier engagement target: 55% of suppliers by spend to set SBTs by 2025

Adobe set and received SBTi approval for a supplier engagement target requiring 55% of suppliers by spend to set SBTs by 2025. As of end FY2022, ~33.73% of suppliers by spend had approved or committed SBTs. Base year (2018) was 12%.

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