ServiceNow is committed to science-based goals to achieve net zero greenhouse gas emissions by 2030 | 2021-09-20 | Press release

Pledge to support the Paris Agreement to limit global warming to less than 1.5 degrees Celsius; ServiceNow will also donate US$1 million to non-profit organizations focused on decarbonization

ServiceNow (NYSE: NOW), a leading digital workflow company dedicated to making work work better for people, today announced its global commitment to achieve net zero greenhouse gas (GHG) emissions by 2030 to further To achieve “a better world of work processes and CloseCurlyDoubleQuote;-a more sustainable, fairer, and more ethical.”

ServiceNow previously set a goal of achieving net zero greenhouse gas emissions by 2050.After a third-party evaluation1 Completed by Watershed in July 2021 and assessed the company’s entire corporate carbon footprint, ServiceNow determined that 93% of its carbon footprint came directly from emissions in its value chain (Scope 3). By setting science-based targets focused on internal emission reduction plans and supplier participation plans, ServiceNow has set a timetable 20 years ahead of the Paris Agreement and set an ambitious goal of achieving net zero greenhouse gas emissions by 2030 The goal. In the next few weeks, ServiceNow will submit its goals for approval to the Science Target Program (SBTi), which aims to define and promote best practices for science-based goal setting and to independently evaluate the company’s emission reduction goals .

With this science-based commitment, ServiceNow has joined the “Business Ambition 1.5°C” a global net-zero movement led by SBTi in cooperation with the United Nations Global Compact and We Mean Business Alliance, and is cooperating with United Nations agencies, companies and industry leaders to take ambitious Climate action.

“As ServiceNow becomes 21Yingshi Over the centuries, our unwavering goal has been to create a positive impact in the world,” said Gina Mastantuono, ServiceNow’s Chief Financial Officer. “We’re committed to making an impact and changing the world by achieving net zero greenhouse gas emissions twenty years ahead of schedule. How it works-this is a critical step in the right direction. ”

ServiceNow’ builds on the commitments made in early 2021 to achieve the latest commitment to net zero greenhouse gas emissions. ServiceNow will continue to report progress in its annual global impact report.

ServiceNow will further commit to achieving its net zero goal across its entire value chain by 2030:

• Set ambitious targets in direct operations to reduce greenhouse gas emissions (Scope 1 and 2). This is consistent with the science-based goals advocated by SBTi and is considered necessary to achieve the Paris Agreement’s extended goal of limiting global warming to 1.5°C.
• Decarbonize the supply chain (Scope 3). ServiceNow will begin to work with and support itsSuppliers carry out a journey of sustainability through a comprehensive supplier participation model, which will be launched next year. ServiceNow will embed a sustainability plan in its data center plan, such as supporting the data center operations team to become a certified data center sustainability expert (CDCSP)®). Obtaining this certification ensures that ServiceNow operators understand the steps required to support the long-term sustainability of the company and CloseCurlyQuote;s data center.
• In the initial cooperation with Everland, a combination method was used to finance high-quality carbon offsets (proven emission reductions). Everland represents the world’s largest portfolio of high-impact forest protection (REDD+) projects that protect wildlife and improve the well-being of forest communities, which are critical to addressing climate change and biodiversity crises. ServiceNow will support the Mai Ndombe REDD+ project, which protects 740,000 acres of important bonobo and forest elephant habitat in the Congo Basin.

As part of ServiceNow’s ongoing commitment to safeguarding the planet, ServiceNow will donate US$1 million in the next two years to non-profit organizations focused on tackling climate change and accelerating global decarbonization.

extra information:

• ServiceNow Chief Financial Officer Gina Mastantuono shared more insights on her blog.
• Read our 2021 Global Impact Report to learn how ServiceNow is committed to positively impacting our planet and the communities we serve.
• 1Infographic based on the assessment completed by Watershed in July 2021

Use of forward-looking statements

This press release contains “forward-looking statements ” regarding expectations, beliefs, plans, intentions, and strategies related to ServiceNow’s global impact vision. Such forward-looking statements include information about ServiceNow’s net zero greenhouse gas goal and other climate change and decarbonization Statements of effort and commitment. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that may cause actual results to differ materially from those expected or implied by the forward-looking statements. If any such When risks or uncertainties become reality, or any assumptions prove to be incorrect, our results may differ materially from the results expressed or implied by our forward-looking statements. We do not undertake and do not intend to update forward-looking statements. Factors that may cause actual results to differ materially from those in any forward-looking statement include, but are not limited to, changes in global economic and climate conditions; changes in the environment and climate-related regulatory environment; and when implementing the goals and commitments announced here Unexpected delays, difficulties, and expenses that have occurred. The documents we file with the US Securities and Exchange Commission from time to time contain more information about factors that may affect our financial and other results.

About current service:

ServiceNow (NYSE: NOW) is building a world of work to work better for people. Our cloud-based platform and solutions provide digital workflows to create excellent experiences and release productivity for employees and enterprises. For more information, please visit: www.servicenow.com.

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