Adobe — full event log
Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.
← back to Data by year2026· 1 event
Effective in the first quarter of fiscal 2026, Adobe will combine its three prior segments—Digital Media, Digital Experience and Publishing and Advertising—into a single operating and reportable segment due to changes in how management intends to evaluate results and allocate resources.
sustainability_report p.10
2025· 3 events
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.
sustainability_report p.43
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.
sustainability_report p.43
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.
sustainability_report p.42
2024· 20 events
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.
sustainability_report p.69
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.
sustainability_report p.222
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.
sustainability_report p.208
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.
sustainability_report p.163
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.
sustainability_report p.217
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.
sustainability_report p.67
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.
sustainability_report p.199
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.
sustainability_report p.206
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.
sustainability_report p.80
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.
sustainability_report p.86
Adobe partners with and prioritises cloud providers with strong climate commitments including energy efficiency, renewable energy sourcing, water conservation and waste reduction. Adobe is a member of its public cloud provider's customer roundtable and engages directly to provide feedback on climate and water strategy. Output includes improved emissions and water footprint data enabling better Scope 3 Cat 1 calculations and decision-making on server location and workload timing to reduce energy consumption and carbon load.
sustainability_report p.80
Adobe classifies its Document Cloud products (PDF and e-signature solutions) as low-carbon products generating avoided emissions. For every 1 million sheets of paper not used per year, customers can save an estimated 41 metric tonnes of carbon emissions. Adobe developed the Resource Saver Calculator (with the Environmental Defense Fund and Environmental Paper Network) to quantify benefits of digital vs paper workflows. These products contributed ~15% of total revenue in FY2024. Adobe also positions its 3D design tools as replacing physical sampling (e.g., Mizuno case study), helping customers reduce their own carbon footprints.
sustainability_report p.222
Adobe terminated its planned acquisition of Figma in December 2023, resulting in a $1 billion termination fee recorded as an operating expense in fiscal 2024. This significantly impacted fiscal 2024 operating expenses and net income comparisons.
sustainability_report p.39
In April 2024, Adobe issued $500M notes due 2027, $750M notes due 2029, and $750M notes due 2034, raising ~$1.99B net proceeds. Total senior notes outstanding increased from $3.65B to $5.65B.
sustainability_report p.88
The DOJ filed a civil complaint in June 2024 alleging Adobe failed to clearly disclose material terms and failed to provide a simple cancellation mechanism for subscriptions, in violation of ROSCA and the FTC Act. The court denied Adobe's motion to dismiss in May 2025. Discovery is ongoing.
sustainability_report p.80
Adobe received SBTi approval for a net-zero target (NZ1) committing to reduce absolute Scope 1, 2 and 3 GHG emissions 90% by FY2050 from a FY2022 base year. Residual emissions to be neutralised with permanent carbon removals. Covers CO2, CH4, N2O, HFCs.
sustainability_report p.216
Adobe set a new SBTi-approved near-term intensity target (Int 1) to reduce Scope 3 GHG emissions 52% per $million gross profit by FY2030 from a FY2022 base year, covering Cat 1, 2, 3, 4, 6, 7. Well-below 2°C aligned. Linked to net-zero target NZ1.
sustainability_report p.207
Adobe set a new SBTi-approved near-term absolute target (Abs 1) to reduce Scope 1 and 2 (market-based) GHG emissions 42% by FY2030 from a FY2022 base year (29,504 tCO2e). 1.5°C aligned, organisation-wide, 100% coverage. Target set 07/04/2024, replacing the previously achieved Abs 2 (35% by 2025 from FY2018 base).
sustainability_report p.195
In March 2024, Adobe's Board granted authority to repurchase up to $25 billion in common stock through March 14, 2028, after the prior $15B authority became fully utilized during fiscal 2024.
sustainability_report p.83
During fiscal 2024, Adobe recognized $78M in impairment charges for operating lease right-of-use assets and leasehold improvements related to optimization of leased facilities, recorded in general and administrative expenses.
sustainability_report p.90
2023· 38 events
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.
sustainability_report p.76
Science-based target: 42% reduction in absolute Scope 1 and 2 GHG emissions by FY2030 from a FY2022 base year.
sustainability_report p.18
25% reduction in global water usage per full-time employee by 2025 from FY2019 baseline.
sustainability_report p.18
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.
sustainability_report p.8
Target of 80% of Adobe offices, by square footage, within LEED or equivalent green building-certified spaces, reducing operational emissions from real estate.
sustainability_report p.18
Adobe committed to achieving net zero by 2050, with science-based targets aligned to the 1.5°C scenario.
sustainability_report p.18
Adobe is on track to achieve 100% renewable electricity by 2025.
sustainability_report p.8
80% of Adobe offices, by square footage, are within LEED or equivalent green building-certified spaces.
sustainability_report p.18
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.
sustainability_report p.19
Science-based target: 52% reduction in Scope 3 GHG emissions per USD value added by FY2030 from FY2022 base year.
sustainability_report p.18
Commitment to a 90% global waste diversion rate annually.
sustainability_report p.18
Adobe continued to optimize AI architecture to minimize energy usage. Product development teams utilize low-energy chips and storage devices with intelligent data tiering to minimize idle storage resources.
sustainability_report p.19
Adobe Substance 3D Collection enables customers (e.g., Mizuno) to design virtual product samples instead of physical ones, eliminating waste and reducing carbon footprint in customer supply chains. Positioned as a Scope 4 / avoided emissions lever via product use.
sustainability_report p.19
Adobe set a new SBTi-approved near-term target to reduce absolute Scope 1 and 2 GHG emissions 42% by FY2030 from a FY2022 base year (29,504 tCO2e). 1.5°C aligned. Previous Abs2 target (35% by FY2025) had been achieved.
sustainability_report p.182
In line with updated SBTi guidance, Adobe revised Scope 3 methodology to include well-to-tank and well-to-wake emissions while excluding radiative forcing emissions. Scope 3 base year recalculated accordingly applying SBTi 5% threshold.
sustainability_report p.82
Adobe's SBTi-validated net zero target commits to 90% reduction of Scope 1, 2, and 3 emissions by FY2050 from a FY2022 base. The remaining ~10% residual emissions are intended to be neutralized through the purchase and cancellation of carbon credits for permanent neutralization at the end of the target period. Adobe states it has no near-term investments in removals currently, prioritizing renewable electricity and energy efficiency in the interim. No offset credits were retired in the reporting year.
sustainability_report p.207
Adobe's Global Procurement team engages Tier 1 suppliers to set SBTs at four milestones: RFx process, vendor onboarding, supplier business reviews, and contract renewal. The Business Partner Code of Conduct requires suppliers to acknowledge climate commitments. By end FY2023, 28% of suppliers by spend were SBTi participants (approved or committed), up from a 12% base in FY2018. Adobe covers 51-75% of Tier 1 supplier spend and associated Scope 3 emissions through this engagement. 39% of suppliers by spend were compliant with the SBT requirement.
sustainability_report p.75
Adobe set a new SBTi-approved intensity target covering Scope 3 categories 1,2,3,4,6,7 — to reduce by 52% per $M gross profit by FY2030 from FY2022 base (29.47 tCO2e/$M). Well-below 2°C aligned.
sustainability_report p.194
Adobe achieved its previous Scope 1+2 target (35% reduction from FY2018 base by FY2025) at 139.98% of target achieved. A new, more ambitious near-term target (Abs1, 42% reduction by FY2030 from FY2022) was set and SBTi-validated.
sustainability_report p.189
At end of FY2023, 87% by square foot of Adobe's worldwide buildings are LEED/Green-Certified. Adobe develops annual energy efficiency plans for its largest sites comprising site-specific energy conservation measures. The new Founders Tower (San Jose HQ) is 100% all-electric with no fossil fuels, achieving ~50% improvement in energy and water use per square foot vs. average offices. Adobe's IBIS (Intelligent Building Interface System) monitors carbon, energy, water, and renewable energy production. Electrification retrofits, LED swap-outs, and working with landlords on BiT certification are also in progress.
sustainability_report p.64
Adobe set an SBTi-approved net zero target committing to reduce absolute Scope 1, 2, and 3 GHG emissions 90% by FY2050 from FY2022 base. Residual emissions to be neutralized with permanent carbon removals.
sustainability_report p.205
Adobe obtained annual third-party limited assurance under ISO 14064-3 covering 100% of reported Scope 1, Scope 2 (both location- and market-based), and key Scope 3 categories (1,2,3,4,6,7). Verification opinion dated 08/09/2024.
sustainability_report p.103
Adobe joined RE100 in 2015 and targets 100% renewable electricity for workplaces and managed data centers by FY2025. In FY2023 Adobe sourced 66% of electricity from renewables through a portfolio of instruments: a virtual PPA (wind, Iowa; 25,662 MWh), physical PPAs (solar+wind Oregon; 34,979 MWh), retail green contracts (solar US/Australia; 6,436+228 MWh), direct-line PPAs in India (Bangalore solar 3,145 MWh; Noida solar 10,977 MWh), I-RECs (Singapore), and REGOs/GoOs (UK). The Founders Tower in San Jose runs on 100% solar and wind, and the Hillsboro OR data center began receiving 23,000 MWh/year from Oregon's largest solar farm (Pachwáywit Fields) in April 2023. Adobe also advocates via CEBA for regional transmission development to expand renewable energy markets.
sustainability_report p.155
Adobe has an active SBTi-validated target to reduce Scope 3 business travel emissions 30% by FY2025 vs. FY2018 (base: 84,401 tCO2e). This target was achieved at 225.91% progress in FY2023, with business travel at 27,201 tCO2e. Initiatives include displaying carbon emissions in booking tools and post-travel for manager visibility, promoting rail travel over air in relevant markets, and offering electric vehicles within policy for car rentals. Adobe is tracking to keep travel below pre-pandemic norms.
sustainability_report p.193
Adobe's cloud products enable customers to eliminate paper workflows (Document Cloud), replace physical prototyping and sampling (Creative Cloud 3D/VR), and remove inefficient physical processes (Experience Cloud). For every 1 million sheets of paper avoided, customers save ~23.4 million pounds of GHG emissions. Adobe publishes tools including the Resource Saver Calculator, Substance 3D Sustainability Calculator and Carbon Footprint Calculator. Document Cloud revenue was ~13.9% of total in FY2023. Adobe is developing a product sustainability roadmap to quantify and expand these benefits.
sustainability_report p.212
Adobe committed to direct 55% of supplier spend to suppliers with science-based targets by 2025.
sustainability_report p.30
As of November 2023, new Bangalore office receives solar energy from Atria Power's Hiriyur solar farm, supplying green power for 96% of site's energy demand.
sustainability_report p.33
Adobe is on track to meet 100% renewable electricity across operations by 2025 — a decade ahead of the original goal. 66% of operational electricity demand was met with renewables in FY23 (vs 62% FY22, 59% FY21). Strategy combines local on-site solar (Bangalore Atria/Hiriyur farm supplying 96% of office demand from Nov 2023), large regional PPAs (Hillsboro data center fed by Pachwáywit Fields solar farm, ~23,000 MWh/yr from April 2023), and green tariffs. New Founders Tower in San Jose is the first all-electric building of its scale in Silicon Valley, powered 100% by solar and wind.
sustainability_report p.33
Adobe targets 30% reduction in business travel emissions by 2025 vs FY18 baseline (met in 2021 due to COVID; rebounded to 38,141 tCO2e in 2023). Levers include displaying/reporting carbon emissions in the booking process and post-travel for manager visibility, promoting rail over air in relevant markets, and offering EVs within car rental policy.
sustainability_report p.33
Adobe opened LEED Gold-certified Founders Tower in San Jose, the first all-electric building of its scale in Silicon Valley, powered by 100% solar and wind energy. Operating ~50% better than average office in energy and water use per sq ft.
sustainability_report p.34
Scope 3 business travel emissions rose from 1,187 tCO2e (2021) to 19,704 (2022) to 38,141 (2023) as normal business operations resumed post-COVID-19 pandemic. Adobe met its 2025 reduction target in 2021 due to pandemic.
sustainability_report p.33
Adobe migrated Adobe AdCloud to ARM processors with its largest public cloud provider, achieving a 14% decrease in overall compute consumption and 41% reduction in carbon emissions in the pilot. FY24 target is to migrate 24% of eligible compute hours to ARM-based processors (which use 50-60% less power than X86), forecast 6-10% reduction in overall public cloud emissions. Product teams also use low-energy chips, intelligent data tiering, workload location/time optimisation, and efficient coding to reduce idle storage.
sustainability_report p.35
Adobe targets directing 55% of supplier spend to those with science-based targets by 2025. The firm encourages suppliers to set SBTs and improve disclosure transparency through onboarding, Business Partner Code of Conduct review, and ongoing risk evaluation. Scope 3 Category 1 (purchased goods & services) is the dominant emissions source at 511,376 tCO2e in 2023 (84% of Scope 3).
sustainability_report p.35
Adobe accelerated its 100% renewable electricity target to 2025 — a decade ahead of the original goal — through a mix of local and regional solar, wind and green tariffs.
sustainability_report p.4
Adobe's Hillsboro, Oregon data center began receiving energy from Oregon's largest solar farm Pachwáywit Fields in April 2023, expected ~23,000 MWh renewable energy annually.
sustainability_report p.33
In late 2023, Adobe initiated its first double materiality assessment process in preparation for compliance with the EU Corporate Sustainability Reporting Directive (CSRD).
sustainability_report p.39
87% of Adobe's owned and leased buildings are LEED or green-certified, housing 69% of employees. Founders Tower (2023) is the first all-electric building of its scale in Silicon Valley with the largest all-electric commercial kitchen in North America (induction cooking, electric pizza oven). Operating ~50% better than average office in energy and water use per square foot. 80% of Adobe offices by square footage target.
sustainability_report p.34
Adobe Substance 3D enables customers to replace physical prototyping and photoshoots. Internal LCA of five consumer products showed GHG reductions of 83-90% per product using virtual prototyping; Substance 3D sustainability calculator estimates ~98% carbon footprint reduction vs traditional photoshoots. Customers cited include HUGO BOSS and Mizuno (carbon-neutral by 2050 goal).
sustainability_report p.32
2022· 26 events
Adobe entered into a definitive agreement to acquire Figma, Inc. in FY2022.
sustainability_report p.30
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.
sustainability_report p.22
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).
sustainability_report p.39
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.
sustainability_report p.40
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.
sustainability_report p.17
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.
sustainability_report p.36
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.
sustainability_report p.40
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.
sustainability_report p.4
Adobe achieved its 2025 targets for Scope 1, Scope 2 and business travel emissions reduction ahead of the target year.
sustainability_report p.4
Declared new water reduction commitment: 25% reduction in global water usage per full-time employee by 2025 from a 2019 baseline.
sustainability_report p.25
Largest colocated data center provider transitioned from estimate-based approach to metered consumption for electricity reporting in FY2022.
sustainability_report p.42
Opened Founders Tower in San Jose in January 2023 — first all-electric building of its scale powered by 100% renewable energy in Silicon Valley.
sustainability_report p.3
Adobe achieved its 2025 business travel emission reduction target ahead of target year. Category 6 business travel emissions were 19,704 tCO2e in FY2022, still well below the 2019 pre-pandemic baseline against which the SBT was set.
sustainability_report p.4
Adobe is collaborating across its value chain, encouraging suppliers to set their own science-based climate targets and improve transparency/accuracy of disclosures. Purchased goods & services (Cat 1) emissions are the dominant Scope 3 category at 405,645 tCO2e in FY2022.
sustainability_report p.27
Implemented a new data platform in July 2022, which impacted some historical DEI metrics by <1%. Definition of 'Leadership' updated to include director-level and above.
sustainability_report p.35
Adobe completed its first global Human Rights Impact Assessment to document salient human rights risks and mitigation activities.
sustainability_report p.6
Adobe set a public water target to reduce water withdrawals per full-time employee from a FY2019 base year figure of 11.79 to 8.84 by FY2025. As of FY2024 the reporting figure is 11.83 (slightly above base year), status is underway at -1% of target achieved. Absolute withdrawal increased due to new facility operations.
sustainability_report p.241
Adobe operates LEED- and green-certified offices, with 85% of buildings (owned and leased) LEED/green-certified in FY2022, up from 77% in 2020. 61% of employees are housed in LEED/green-certified workspaces. Energy efficiency projects delivered 95 tCO2e emissions reductions in FY2022.
sustainability_report p.42
On September 15, 2022, Adobe entered a definitive merger agreement to acquire Figma, Inc. for approximately $20 billion (half cash, half stock). Transaction was subsequently terminated in December 2023.
sustainability_report p.69
Adobe Document Cloud enables customers to replace paper-based processes, driving a 95% reduction in environmental impact vs paper. In the U.S. alone, Document Cloud transforms an estimated 30 billion paper documents into digital workflows per year, saving 2.7 billion pounds of greenhouse gas and 1.1 billion kWh of energy. Adobe also released the Substance 3D Sustainability Calculator and Resource Saver Calculator to quantify customer impact.
sustainability_report p.26
Declared commitment to maintain a 90% global waste diversion rate.
sustainability_report p.25
Adobe partnered with its two largest cloud providers to discuss joint action on climate targets and refine reporting methodology to help customers understand emissions associated with Adobe products and services. Adobe operates one owned data center in Hillsboro, OR, plus colocated facilities; market-based emissions from the Hillsboro DC fell from 17,059 to 10,920 tCO2e between 2020 and 2022.
sustainability_report p.27
Adobe completed annual third-party limited assurance per ISO14064-3 for FY2022 GHG inventory covering 100% of Scope 1, Scope 2 (both location and market-based), and Scope 3 (Cat 1,2,3,4,6,7). Verifier: unnamed, statement attached.
sustainability_report p.88
Adobe directly engages colocated data centre vendors (e.g. Equinix, NTT) to procure and bring new renewable electricity online. Managed CoLos account for 12,718 tCO2e location-based and 5,903 tCO2e market-based Scope 2 in FY2022. Adobe's owned Oregon data centre (OR1, 18,651 tCO2e location) is targeted for renewable supply via in-state solar projects. Adobe is a signatory to the Corporate Colocation & Cloud Buyers' Principles and active in the Clean Energy Buyers Association, using collective purchasing power to advance additive renewable projects.
sustainability_report p.60
Adobe's Document Cloud, Creative Cloud, and Experience Cloud help customers eliminate physical workflows, reducing paper consumption, travel, and materials-intensive processes. Per the Adobe Resource Saver Calculator, every 1M pages signed digitally via Adobe Sign avoids ~23.4M pounds of CO2e. Adobe Substance 3D tools replace physical photoshoots with virtual prototyping. Document Cloud revenue represented ~13.5% of total revenue in FY2022. Adobe's Global Field Impact Program trains sales staff to communicate these sustainability benefits directly to customers.
sustainability_report p.1
Adobe accelerated its 100% renewable electricity goal from 2035 to 2025, supporting science-based targets aligned with 1.5°C. The strategy includes on-site renewable installations and procurement at major sites. Founders Tower in San Jose (opened Jan 2023) is the first all-electric building of its scale powered by 100% renewable energy in Silicon Valley. In FY2022, renewable electricity reached 62% of total electricity consumption.
sustainability_report p.25
2021· 12 events
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.
sustainability_report p.8
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.
sustainability_report p.43
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.
sustainability_report p.45
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.
sustainability_report p.15
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.
sustainability_report p.15
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.
sustainability_report p.17
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.
sustainability_report p.46
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.
sustainability_report p.25
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.
sustainability_report p.28
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.
sustainability_report p.17
Adobe holds an SBTi-approved target to reduce Scope 3 Category 6 business travel emissions 30% by FY2025 vs FY2018 baseline of 84,401 tCO2e. COVID drove extraordinary over-achievement (FY2021: 1,187 tCO2e, >328% of target achieved). Adobe uses Creative Cloud tools to enable virtual creative team collaboration and reduce travel need structurally. A Business Travel & Aviation working group is tasked with managing resumption of travel sustainably.
sustainability_report p.14
Adobe has been removing fossil-fuel combustion sources from its building portfolio. The company broke ground in 2019 on an all-electric (no fossil fuels) 18-story tower in San Jose — the first in the city ahead of new REACH codes. FY2021 was the first full year without natural gas fuel cells, a major contributor to Scope 1 reductions from 12,119 tCO2e (FY2018 baseline) to 4,923 tCO2e in FY2021. The company pursues electrification retrofits to existing buildings as an ongoing strategy.
sustainability_report p.11
2020· 8 events
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.
sustainability_report p.199
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.
sustainability_report p.24
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%.
sustainability_report p.203
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%.
sustainability_report p.200
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.
sustainability_report p.213
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.
sustainability_report p.203
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.
sustainability_report p.30
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%.
sustainability_report p.38
2019· 3 events
Adobe set a target for 55% of suppliers by spend to have SBTi-approved targets by 2025, equivalent to 66% of purchased goods/services and capital goods emissions. As of FY2021, 30% of suppliers by spend were SBTi participants (approved or committed).
sustainability_report p.16
Adobe set an SBTi-approved 1.5°C-aligned absolute target to reduce Scope 3 Category 6 business travel emissions by 30% by FY2025 vs FY2018 baseline of 84,401 tCO2e. COVID led to massive over-achievement (>328% of target achieved).
sustainability_report p.13
Adobe set an SBTi-approved 1.5°C-aligned absolute target to reduce Scope 1 and 2 (market-based) emissions by 35% by FY2025 vs FY2018 baseline. Target was set in 2019 and approved by SBTi in 2020. Base year combined S1+S2 = 59,990 tCO2e.
sustainability_report p.12
2016· 1 event
Adobe joined RE100 in 2015/2016 committing to 100% renewable electricity for workplaces and managed data centers by FY2035. As of FY2021, 60.3% achieved. Base year FY2018 was 9.4%.
sustainability_report p.15
2015· 1 event
Adobe joined RE100 in 2015 and committed to achieving 100% renewable electricity for workplaces and managed data centers by FY2025. As of FY2022, 62.1% of electricity consumed was renewable.
sustainability_report p.37