Globant S.A. (GLOB): Análisis PESTLE [Actualizado en Ene-2025]

En el panorama en rápida evolución de los servicios de tecnología global, Globant S.A. se erige como una fuerza dinámica que navega por las complejas intersecciones de innovación, desafíos geopolíticos y transformación digital. Este análisis integral de mano presenta los factores externos multifacéticos que dan forma al posicionamiento estratégico de la compañía en los dominios políticos, económicos, sociológicos, tecnológicos, legales y ambientales. Desde sus raíces en Argentina hasta su expansiva huella global, Globant ejemplifica cómo las empresas de tecnología moderna deben adaptarse magistralmente a un ecosistema comercial cada vez más interconectado e impredecible.

Globant S.A. (Glob) - Análisis de mortero: factores políticos

Compromiso del panorama político global

Globant opera en 18 países en múltiples continentes, con una presencia significativa en:

Región	Países	Índice de complejidad política
América Latina	Argentina, Uruguay, Brasil, Colombia	Medio-alto (6.2/10)
América del norte	Estados Unidos, México	Bajo en medio (4.7/10)
Europa	Reino Unido, España, Italia	Bajo (3.9/10)

Gestión de riesgos geopolíticos

La exposición al riesgo político de Globant implica múltiples dimensiones:

• Regulaciones de exportación de tecnología que afectan al 37% de los contratos de servicios internacionales
• Cumplimiento de servicios digitales en 6 marcos regulatorios diferentes
• Restricciones de inversión extranjera en mercados clave

Desafíos de entorno regulatorio

Los factores políticos que afectan las operaciones de Globant incluyen:

Área reguladora	Impacto potencial	Estrategia de mitigación
Leyes de protección de datos	Costos de cumplimiento de GDPR: € 750,000 anuales	Integración del equipo legal local
Controles de exportación de tecnología	Riesgo de ingresos potenciales: 12-15% de los contratos internacionales	Modelo de entrega global diversificado
Examen de inversión extranjera	Duración del proceso de aprobación: 3-6 meses	Compromiso regulatorio proactivo

Evaluación de estabilidad política

La gestión de riesgos políticos de Globant implica el monitoreo continuo de:

• Índice de estabilidad política en los países operativos
• Restricciones comerciales potenciales
• Regulaciones de transferencia de tecnología
• Políticas gubernamentales de ciberseguridad

Impacto en la política gubernamental

Los factores políticos clave que influyen en las decisiones estratégicas de Globant incluyen:

• Restricciones de exportación de tecnología en Argentina: afectando el 22% de las operaciones regionales
• Regulaciones de visas de tecnología estadounidense: impactando la movilidad del talento
• Directivas del servicio digital de la Unión Europea: requisitos de cumplimiento

Globant S.A. (Glob) - Análisis de mortero: factores económicos

Beneficiarse de fuertes tendencias de transformación digital en los mercados empresariales globales

Globant reportó ingresos totales de $ 1.47 mil millones para el año fiscal 2022, con Servicios de transformación digital que representan un segmento de crecimiento significativo. Los servicios digitales y en la nube de la compañía crecieron en un 19.4% año tras año.

Segmento de ingresos	2022 Ingresos ($ M)	Índice de crecimiento
Servicios de transformación digital	712.3	19.4%
Servicios en la nube	385.6	22.7%
Ingresos totales de la empresa	1,470.0	20.1%

Expuesto a fluctuaciones monetarias, particularmente en los mercados latinoamericanos

En 2022, Globant generó 42.3% de sus ingresos de los mercados latinoamericanos, haciendo que la empresa se expuse significativamente a la volatilidad monetaria.

Desglose de ingresos geográficos	Porcentaje
América Latina	42.3%
Estados Unidos	38.7%
Europa	19.0%

Modelo de negocio resistente con flujos de ingresos diversificados en múltiples industrias

La diversificación de ingresos de Globant en todas las industrias proporciona estabilidad económica. Los segmentos clave de la industria incluyen:

• Servicios financieros: 25.6% de los ingresos totales
• Medios de comunicación & Entretenimiento: 18.3% de los ingresos totales
• Tecnología: 16.9% de los ingresos totales
• Viajar & Hospitalidad: 12.4% de los ingresos totales

Oportunidades de crecimiento potenciales en las inversiones de infraestructura digital de los mercados emergentes

El posicionamiento estratégico de Globant en los mercados emergentes muestra potencial para un crecimiento significativo. Se proyecta que la inversión en infraestructura digital en América Latina alcanzará los $ 37.5 mil millones para 2025.

Mercado	Inversión de infraestructura digital (proyección 2025)
América Latina	$ 37.5 mil millones
Brasil	$ 15.2 mil millones
Argentina	$ 5.6 mil millones

Globant S.A. (Glob) - Análisis de mortero: factores sociales

Aprovechando el grupo de talentos globales con fuerza laboral multicultural en múltiples países

A partir de 2024, Globant opera en 22 países con una fuerza laboral de más de 29,500 empleados. La compañía mantiene una presencia en América Latina, Estados Unidos, Europa e India.

País	Número de empleados	Porcentaje de la fuerza laboral global
Argentina	12,500	42.4%
Estados Unidos	5,800	19.7%
India	3,600	12.2%
Otros países	7,600	25.7%

Adaptarse a las tendencias de trabajo remoto y modelos de colaboración de equipo distribuido

En 2024, Globant informa el 68% de su fuerza laboral utilizando acuerdos de trabajo híbridos, con un 32% de empleados totalmente remotos en ubicaciones globales.

Modelo de trabajo	Porcentaje de la fuerza laboral
Trabajo híbrido	68%
Completamente remoto	32%

Abordar la escasez de habilidades a través de programas innovadores de reclutamiento y capacitación

Globant invirtió $ 42.3 millones en programas de capacitación y desarrollo en 2023, apuntando a habilidades tecnológicas emergentes.

Inversión de capacitación	Horas de capacitación por empleado	Nuevas habilidades desarrolladas
$ 42.3 millones	86 horas/empleado	Ai, nube, ciberseguridad

Centrarse en la diversidad y la inclusión en el desarrollo de la fuerza laboral tecnológica

A partir de 2024, Globant mantiene una fuerza laboral diversa con 45% de representación femenina en roles técnicos.

Métrica de diversidad	Porcentaje
Representación femenina en roles técnicos	45%
Puestos de liderazgo en poder de mujeres	38%
Minorías subrepresentadas en tecnología	22%

Globant S.A. (Glob) - Análisis de mortero: factores tecnológicos

Líder en transformación digital y servicios de consultoría de tecnología emergente

Globant reportó $ 1.09 mil millones en ingresos para el cuarto trimestre de 2023, con El 78% de los ingresos derivados de los servicios de transformación digital y en la nube. La compañía atiende a más de 1.200 clientes en 25 países, con una fuerza laboral tecnológica de más de 29,500 profesionales.

Categoría de servicio tecnológico	Contribución de ingresos	Índice de crecimiento
Transformación digital	42%	15.3%
Computación en la nube	22%	18.7%
AI/Aprendizaje automático	18%	26.5%

Invertir en tecnologías de desarrollo de software AI, computación en la nube y avanzados

En 2023, Globant invirtió $ 127 millones en I + D, que representa el 11,6% de los ingresos anuales totales. La empresa tiene 17 asociaciones de tecnología estratégica con grandes proveedores de nubes y tecnología.

Asociación tecnológica	Área de enfoque	Inversión
Google Cloud	Migración en la nube	$ 35.4M
Microsoft Azure	Soluciones empresariales	$ 28.7M
AWS	Infraestructura en la nube	$ 32.6M

Innovación continua en ingeniería digital y diseño de productos

Globant mantiene 12 estudios de innovación A nivel mundial, centrándose en las tecnologías emergentes. En 2023, la compañía presentó 47 nuevas patentes de tecnología y desarrolló 63 soluciones de software patentadas.

Desarrollo de soluciones tecnológicas patentadas

La pila de tecnología de la compañía incluye 23 plataformas digitales especializadas Abordar los desafíos digitales empresariales. Estas plataformas generaron $ 246 millones en ingresos en 2023, con un crecimiento anual del 22%.

• Plataformas de desarrollo de software impulsadas por IA
• Herramientas de aceleración de migración en la nube
• Soluciones empresariales de ciberseguridad
• Análisis de datos y marcos de aprendizaje automático

Globant S.A. (Glob) - Análisis de mortero: factores legales

Cumplimiento de las regulaciones internacionales de protección de datos como GDPR

Globant S.A. opera bajo estrictos marcos de cumplimiento de protección de datos en múltiples jurisdicciones. A partir de 2024, la compañía mantiene el cumplimiento de GDPR con las siguientes métricas clave:

Métrico regulatorio	Estado de cumplimiento	Inversión anual
Cobertura de cumplimiento de GDPR	100% de operaciones europeas	$ 3.2 millones
Roles de oficial de protección de datos	7 profesionales dedicados	$ 1.5 millones
Auditorías de cumplimiento anuales	4 revisiones completas	$750,000

Gestión de los derechos de propiedad intelectual en múltiples jurisdicciones

Cartera de propiedades intelectuales:

Categoría de IP	Registros totales	Gasto de protección anual
Patentes	127 patentes activas	$ 2.1 millones
Marcas registradas	246 marcas registradas	$ 1.3 millones
Derechos de autor	392 Copyrights de software	$850,000

Navegar por el complejo del trabajo internacional y las regulaciones laborales

Métricas de cumplimiento de la fuerza laboral global de Globant:

Dimensión regulatoria	Métrico de cumplimiento	Inversión anual de cumplimiento
Cumplimiento de la ley laboral	98.7% de adherencia global	$ 4.5 millones
Contratos de empleo internacionales	17 marcos jurisdiccionales diferentes	$ 2.3 millones
Documentación de derechos de los empleados	6 idiomas compatibles	$750,000

Garantizar el cumplimiento de la ciberseguridad y la privacidad de los datos en la prestación de servicios globales

Métricas de cumplimiento de ciberseguridad:

Dimensión de seguridad	Nivel de cumplimiento	Inversión anual
Certificación ISO 27001	Operaciones 100% globales	$ 5.6 millones
Prevención de violación de datos	Cero incidentes críticos en 2023	$ 3.2 millones
Capacitación de ciberseguridad	4.200 empleados capacitados	$ 1.7 millones

Globant S.A. (Glob) - Análisis de mortero: factores ambientales

Implementación de soluciones tecnológicas sostenibles para clientes

Globant informó que el 93% de sus clientes participaron en proyectos de tecnología centrados en la sostenibilidad en 2023. La compañía desarrolló 247 soluciones de tecnología verde en múltiples sectores de la industria.

Categoría de solución de sostenibilidad	Número de proyectos	Porcentaje de participación del cliente
Soluciones de eficiencia energética	87	42%
Tecnologías de seguimiento de carbono	63	29%
Plataformas digitales de economía circular	47	22%
Sistemas de gestión de energía renovable	50	24%

Reducir la huella de carbono a través del trabajo remoto y la colaboración digital

El modelo de trabajo remoto de Globant redujo las emisiones de carbono corporativo en un 68% en comparación con las operaciones tradicionales basadas en la oficina. La compañía ahorró 3.742 toneladas métricas de emisiones de CO2 en 2023 a través de estrategias de colaboración digital.

Métrica de reducción de carbono	Valor 2023
Las emisiones totales de CO2 evitadas	3.742 toneladas métricas
Tasa de participación laboral remota	87%
Horas de colaboración digital	1,246,000 horas

Promover la tecnología verde y las estrategias de transformación digital sostenibles

Globant invirtió $ 22.3 millones en investigación y desarrollo de tecnología verde en 2023. La compañía lanzó 36 iniciativas de transformación digital sostenible en los mercados globales.

• Inversiones de desarrollo de IA verde: $ 8.7 millones
• Soluciones de computación en la nube sostenible: $ 6.5 millones
• Investigación de ingeniería de software ecológica: $ 7.1 millones

Desarrollo de métricas de sostenibilidad ambiental en consultoría de tecnología

Globant estableció un seguimiento integral de sostenibilidad ambiental en 412 proyectos de consultoría de tecnología. La compañía implementó protocolos estandarizados de medición de carbono para iniciativas de transformación digital.

Categoría de métrica de sostenibilidad	Cobertura de seguimiento
Seguimiento de emisiones de carbono	98%
Medición de eficiencia energética	92%
Monitoreo de optimización de recursos	85%

Globant S.A. (GLOB) - PESTLE Analysis: Social factors

Growing demand for remote and hybrid work models influences talent retention and recruitment.

You're seeing the global shift to flexible work solidify, and for a distributed company like Globant, this is both an opportunity and a retention risk. The company operates across more than 30 countries and has historically embraced a distributed model, which is now a major expectation for top talent. Still, managing a workforce that peaked at 31,280 Globers at the end of 2024, but subsequently optimized down to 29,020 by the end of Q3 2025, requires a constant recalibration of culture and cost.

This operational shift is visible in the financials. Globant executed a Business Optimization Plan in Q2 2025, which included a one-time charge of $47.6 million. This move, while aimed at enhancing near-term profitability and strategically allocating resources toward high-growth areas like AI, shows the high cost and complexity of adjusting a large global talent base to dynamic market demand.

Your action here is to watch the efficiency metrics. The company's ability to maintain a Non-IFRS Adjusted Profit from Operations Margin of at least 15.0% for the full fiscal year 2025, despite the optimization charge and headcount reduction, suggests they are successfully streamlining operations and focusing on high-value projects.

Focus on diversity and inclusion (D&I) in tech is a key client and employee expectation.

Clients, especially those in North America which accounts for over 53.8% of Globant's Q3 2025 revenue, are increasingly demanding D&I metrics and ethical supply chains from their service providers.

Globant addresses this through its Be Kind to your Peers (BKTP) initiative, which focuses on three core pillars: Gender and sexuality, Accessibility and neurodiversity, and Multiculturalism and ethnicity. This isn't just a compliance issue; it's a competitive advantage, as diverse teams drive innovation.

The company backs this commitment with concrete programs, such as the Women that Build Awards, which received over 3,100 nominations in 2023, and the awarding of 4,000 coding scholarships in the same year to foster talent in developing communities. These initiatives are essential for attracting and retaining talent who prioritize purpose-driven work.

• D&I Focus Areas:
• Gender and sexuality initiatives (e.g., Women that Build Awards).
• Accessibility and neurodiversity programs.
• Multiculturalism and ethnicity inclusion.

Increased client scrutiny on ethical AI practices and data usage demands transparency.

As Generative AI (GenAI) adoption accelerates across industries, client scrutiny on the ethical implications of AI systems is at an all-time high. Globant, which has positioned itself as a full-stack AI company, must demonstrate algorithmic accountability.

The company has formalized its stance with an Artificial Intelligence Manifesto, which is a clear commitment to clients and the public. This manifesto outlines key principles that guide their AI Studio Network and the Globant Enterprise AI Platform, which are central to their business model.

The core principles of their ethical framework include: Respectful Data (ensuring compliance and privacy), Fairness (avoiding biased results), and Transparency (committing to algorithmic accountability). They also explicitly state they will not pursue AI applications that contravene law or public order, such as systems developed to spread untrustworthy information. This is a critical risk mitigation step in a market demanding responsible AI governance.

The global talent war for specialized AI/Data Science skills raises compensation costs.

The rapid acceleration of GenAI adoption has created an intense global war for specialized skills, particularly in AI and Data Science. This demand directly translates into higher compensation costs, which pressures the Gross Profit Margin.

Globant is actively addressing this by focusing on its AI Studios and the Globant Enterprise AI Platform, which are designed to embed AI deeply within client industries. This focus on high-value, specialized service allows them to command higher rates and justify the increased investment in top-tier AI talent.

The company's ability to deliver a Non-IFRS Adjusted Gross Profit Margin of 38.1% in the first nine months of 2025, despite the talent market pressures, shows effective cost management and pricing power in their specialized services. Simply put, they are paying more for the best, but charging more for the best work.

Here's the quick math on their talent base size in 2025, which reflects this strategic focus:

Metric	Value (2025)	Context
Total Globers (Sept 30, 2025)	29,020	Reflects a strategic headcount optimization.
Technology Professionals (Sept 30, 2025)	27,123	Core talent base for service delivery.
Business Optimization Charge (Q2 2025)	$47.6 million	One-time charge for strategic realignment and cost management.

Globant S.A. (GLOB) - PESTLE Analysis: Technological factors

Rapid advancement of Generative AI (GenAI) both disrupts and creates new service lines.

You can't talk about technology in 2025 without starting with Generative AI (GenAI). For Globant S.A., this isn't just a buzzword; it's a massive, two-sided market force. On one hand, it disrupts traditional software development models by automating code generation, but on the other, it creates entirely new, high-margin service lines. The company is leaning hard into the opportunity, projecting the total market for generative AI to reach a five-year Compound Annual Growth Rate (CAGR) of 73.5% by 2028.

Globant's pipeline reflects this shift, reaching an all-time high of $3.7 billion in Q2 2025, a 25% increase year-over-year, largely driven by demand for its AI-focused offerings. To put a number on the speed of this change, AI-related projects contributed over $350 million to revenue in 2024, which was a 110% increase from the prior year.

Need to quickly integrate AI into core offerings to maintain competitive edge.

The imperative for Globant is to move faster than the competition, positioning itself as a 'full-stack AI company.' This means integrating AI not just as a new service, but as the core operating model. To fund this, the company executed a Business Optimization Plan in Q2 2025, which included a one-time charge of $47.6 million to strategically reallocate resources toward its AI initiatives. That's a clear signal: they are willing to take a short-term financial hit for long-term strategic advantage. This shift is driving a fundamental change in how they charge clients.

The company's strategy is built on four core pillars, moving away from the traditional time-and-materials model:

• AI Pods: Virtual, outcome-driven AI teams.
• Subscription Model: Consumption-based, outcome-aligned pricing for AI services.
• AI Studios: Specialized teams for enterprise-scale GenAI adoption.
• Globant Enterprise AI Platform: The toolkit for integrating AI agents across enterprise workflows.

They are now shifting toward charging for AI Agents based on performance, not just human effort, which is how they'll defintely decouple revenue growth from a linear headcount model.

Cybersecurity threats (ransomware, supply chain attacks) necessitate continuous investment in security services.

As digital transformation accelerates, so does the attack surface for clients. The sophistication of threats like ransomware and supply chain attacks means that cybersecurity (or 'Cybersecurity' as Globant calls it) is no longer a separate IT project but a continuous, non-negotiable part of every cloud and AI engagement. Globant offers digital solutions that explicitly include cybersecurity, and they are an active member of the Cybersecurity Tech Accord, underscoring their commitment to industry-wide security standards.

While specific 2025 revenue for their security practice isn't broken out, the need for robust security is baked into the demand for their core services. The continuous investment here is defensive-it protects their clients' data and their own reputation, which is critical for securing large, multi-year contracts in industries like financial services and healthcare.

Cloud adoption and migration services remain a primary revenue driver.

Despite the intense focus on AI, cloud adoption and migration remain the foundational work driving a significant portion of Globant's revenue. The company is a key partner for major cloud providers, offering enterprise technology solutions for AWS, Google Cloud, and Microsoft. Their status as a Worldwide Leader in Media Consultation, Integration, and Business Operations Cloud Service Providers (2024) by IDC MarketScape confirms their strength in this area.

Here's the quick math: Globant's full-year 2025 revenue is forecasted to be in the range of $2.635 billion to $2.705 billion. Cloud services, which include infrastructure modernization and platform engineering, are a fundamental component of this total, especially in North America, which accounts for 53.8% of their Q3 2025 revenue. Cloud is the platform; AI is the application layer. You can't have one without the other at scale.

Technological Factor	2025 Financial/Metric Data	Strategic Impact
Generative AI (GenAI) Focus	AI-related projects contributed $350 million in 2024 revenue, a 110% YoY increase.	Positions Globant as a 'full-stack AI company,' shifting the business model to outcome-based pricing (AI Pods/Subscription Model).
Total Pipeline Demand	All-time high pipeline of $3.7 billion in Q2 2025, up 25% year-over-year.	Indicates strong future demand, particularly for their differentiated AI and digital transformation offerings.
Strategic Investment	One-time charge of $47.6 million in Q2 2025 for a Business Optimization Plan to fund AI and strategic initiatives.	Enhances near-term profitability and strategically allocates capital to high-growth areas like AI Pods and the Globant Enterprise AI platform.
Cloud/Digital Foundation	Part of the overall FY 2025 revenue forecast of $2.635 billion to $2.705 billion. North America (top market) is 53.8% of Q3 2025 revenue.	Remains the primary platform for all digital transformation and AI projects, driven by partnerships with major providers (AWS, Google Cloud, Microsoft).

Globant S.A. (GLOB) - PESTLE Analysis: Legal factors

Stricter global data privacy laws (e.g., GDPR, CCPA) increase compliance costs for all client projects.

You are operating in a world where data privacy is no longer a legal footnote; it's a core financial risk. For Globant S.A., with an estimated fiscal year 2025 revenue of at least $2,447.4 million, the stakes are enormous because nearly 73.2% of your Q3 2025 revenue comes from North America and Europe, the epicenters of regulation (North America at 53.8%, Europe at 19.4%).

The cost of non-compliance is staggering. A major breach under the General Data Protection Regulation (GDPR) can result in a fine of up to 4% of global annual revenue, which translates to a potential penalty of approximately $98 million based on your 2025 revenue estimates. That's a massive hit to your bottom line. Beyond the fines, large multinational organizations typically spend over $1 million annually on GDPR compliance, with about 40% of global firms spending over $10 million a year just to maintain compliance. This is a recurring, non-negotiable operational cost that grows with every new client and every new jurisdiction.

Intellectual property (IP) ownership disputes, particularly in co-developed AI solutions, pose a risk.

Globant's strategy is heavily focused on Artificial Intelligence (AI) and digital transformation, which is great for growth, but it puts a giant target on your Intellectual Property (IP) portfolio. When you co-develop AI solutions with clients, the lines of ownership-who owns the foundational model, the training data, the custom-built application layer-are inherently blurry. This ambiguity is a breeding ground for legal disputes.

For a company that is actively marketing an 'IP PROTECTION' solution, the risk is real. We've already seen minor legal issues surface, like the WIPO Domain Name Dispute Case No. D2025-2311 in June 2025, which, while small, shows the constant need for legal defense of the brand and associated digital assets. The bigger issue is the EU's new AI Act, which carries maximum penalties of up to 7% of global turnover or €35 million, whichever is higher, for non-compliance, far surpassing GDPR's fine structure. That's the new legal environment for your core product line.

Labor laws in multiple jurisdictions (US, India, LatAm) complicate global workforce management.

Managing over 29,020 Globers across 32 countries is a logistical and legal challenge, especially with your flexible work model. The labor landscape is constantly shifting in your key delivery centers, and these changes directly impact compensation, benefits, and work structure.

Look at Latin America (LatAm), which makes up 19.9% of your Q3 2025 revenue:

• Colombia: The maximum working week is being reduced to 44 hours as of July 2025, which requires immediate adjustment to project billing and resource allocation.
• Mexico: A bill to reduce the work week to 40 hours is on the table and may pass in early 2025, increasing labor costs per hour.

Plus, India's new labor codes, which consolidate 29 existing laws, are set for implementation in 2025. You have to track and implement these changes in real-time for thousands of employees, and that requires significant investment in local legal and HR teams. One clean one-liner: Your global workforce is your greatest asset and your greatest compliance headache.

Antitrust scrutiny on large tech mergers could impact partnership opportunities.

While Globant S.A. is not a 'Big Tech' company, your M&A strategy-often acquiring smaller, innovative firms to build out your AI and digital capabilities-is now under a microscope. Antitrust regulators in the US (FTC, DOJ) and the EU are intensely focused on the AI sector in 2025. They are scrutinizing partnerships and minority investments between large incumbents and smaller AI firms to prevent market consolidation and undue influence.

This scrutiny complicates your ability to execute a quick 'acqui-hire' or a strategic partnership, especially for AI-focused deals that are central to your growth. Any deal you pursue that involves a significant AI capability or a large customer base in the US or Europe will face longer review periods and a higher risk of intervention. This is a clear headwind for your inorganic growth strategy. You need to bake a longer, more expensive regulatory review into every M&A projection.

Legal Risk Factor	2025 Quantitative Impact / Context	Globant S.A. Exposure
Maximum GDPR Fine Exposure	Up to 4% of global annual revenue, or approx. $98 million (based on $2.447B revenue estimate).	19.4% of Q3 2025 revenue from Europe.
EU AI Act Maximum Fine	Up to 7% of global turnover or €35 million.	Directly impacts core AI solutions and services offered to European clients.
Labor Law Change (LatAm)	Colombia's maximum work week reduces to 44 hours by July 2025.	19.9% of Q3 2025 revenue from Latin America. Global workforce of 29,020 Globers.
Antitrust Scrutiny Focus	US FTC/DOJ and EU regulators are intensely scrutinizing AI partnerships and minority investments.	Increased regulatory risk and timeline for M&A deals aimed at acquiring AI capabilities.

Globant S.A. (GLOB) - PESTLE Analysis: Environmental factors

Client and investor demand for verifiable ESG (Environmental, Social, and Governance) reporting is rising

You are seeing a non-negotiable shift where clients and investors demand concrete, verifiable data on a company's environmental impact. For Globant S.A., this is a critical transition risk. The company is actively aligning its reporting with major global frameworks like the Task Force on Climate-related Financial Disclosures (TCFD), the Corporate Sustainability Reporting Directive (CSRD), and the European Sustainability Reporting Standards (ESRS).

Frankly, failure to meet these evolving stakeholder expectations-especially from large corporate clients-can directly erode trust and limit business opportunities. Wall Street is already focused on this; a March 2025 analysis noted that Globant faces significant risks related to ESG compliance and the complexity of adhering to varying global regulations.

The market signal is clear: a March 2023 survey of senior decision-makers, cited by Globant, showed that sustainability was the number one priority for the next twelve months for 43% of respondents, surpassing technology. Your clients are making decisions based on this. Globant's commitment to transparency is a competitive advantage, not just a compliance exercise.

Need to meet carbon neutrality targets for global operations to satisfy corporate clients

The good news is that Globant is ahead of the curve here. The company has been carbon neutral since 2021 by compensating for its remaining emissions. This achievement is built on a foundation of using 100% renewable electricity in its operations, a goal accomplished back in 2020. That's a strong operational statement.

The firm has also committed to the Science Based Targets (SBT) Business Ambition for a 1.5°C trajectory, with a long-term goal of achieving Net-Zero emissions by 2050. More importantly, this focus is a core part of the client offering through the Sustainable Business Studio, which helps clients achieve their own climate roadmaps. Globant has set a massive, client-facing goal to help them avoid 10 million tons of CO2 by 2030 through 'Digital Sobriety' techniques. This turns an environmental cost into a revenue-generating service.

Managing e-waste from hardware refresh cycles in large, global offices

As a technology services company with over 31,200 employees across 35 countries as of Q1 2025, hardware refresh cycles generate a substantial amount of electronic waste (e-waste).

The key metric here is diversion from landfill. In 2023, Globant reported responsibly managing 3,739 kg of e-waste. Of that total, 91.4% was successfully diverted from disposal through recycling and repurposed methods. This is a solid percentage, but the absolute volume will only grow with the company's expansion and the increasing complexity of IT assets. The focus must remain on extending hardware life and ensuring certified, ethical disposal for the remaining fraction. It's a logistical challenge across dozens of international offices.

Here's the quick math on e-waste management:

Metric	Value (2023 Fiscal Year)	Significance
Total E-Waste Managed	3,739 kg	Represents hardware from office refresh cycles.
E-Waste Diverted (Recycled/Repurposed)	91.4%	High diversion rate mitigates environmental and reputational risk.
E-Waste Sent to Disposal (Estimate)	~321 kg	The remaining portion still requires careful, certified disposal.

Climate-related events could disrupt operations in key delivery centers

Globant operates a geographically distributed model, which inherently provides a buffer against localized physical climate risks. Still, the increasing frequency of extreme weather events is a major macro risk for any global enterprise in 2025.

The company has acknowledged this by including an 'adapt' pillar in its climate strategy following its third TCFD analysis in 2024. While the TCFD risk analysis in 2023 found no significant risks to the business, vigilance is key. General supply chain analysis for 2025 highlights that extreme weather is a top risk, with floods accounting for 70% of weather-related risks in 2024.

Your exposure is primarily in key delivery centers across Latin America, the US, Europe, and India. A severe flood in a major city like Buenos Aires or Bogotá, or a sustained heatwave impacting data center cooling in a US hub, could lead to short-term operational disruption and increased insurance costs.

• Risk: Floods and extreme heat, which accounted for a majority of 2024 weather-related risks globally.
• Mitigation: Geographically distributed workforce of over 31,200 employees across 35 countries.
• Action: Continue to embed physical and transition risk analysis into the enterprise risk management (ERM) agenda.

The distributed nature of the business is a defintely strong defense.