European neocloud Nebius has reported a 32x spike in carbon emissions over the last year as a result of the rapid expansion of its data center footprint.

In its 2025 sustainability report, the company disclosed 65,001 tons of CO2e in combined Scope 1 and Scope 2 emissions on a market-based basis for the year. This is up from 2,036 tons reported for 2024. The increase is largely driven by the expansion of its operational base to seven active sites. It said that 99 percent of its market-based Scope 1 and 2 emissions in 2025 came from data center operations.

27 May 2025

Becoming Nebius

Following Russia’s invasion of Ukraine, Nebius rose from the ashes of Yandex and is now positioning itself as a major player in the AI cloud space