Ifs
IFS, or Industrial and Financial Systems, is a leading global enterprise software provider headquartered in Sweden (SE). Founded in 1983, IFS has established a strong presence in key operational regions, including North America, Europe, and Asia-Pacific. The company specialises in enterprise resource planning (ERP), enterprise asset management (EAM), and service management solutions, catering primarily to industries such as manufacturing, construction, and aerospace. With a commitment to innovation, IFS has achieved significant milestones, including the launch of its cloud-based solutions that enhance operational efficiency and agility. The company is recognised for its unique ability to deliver industry-specific functionalities, setting it apart in a competitive market. IFS continues to solidify its position as a trusted partner for organisations seeking to optimise their business processes and drive digital transformation.
DitchCarbon Score
How does Ifs's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ifs's score of 65 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ifs's reported carbon emissions
In 2024, IFS reported total carbon emissions of approximately 32,862,000 kg CO2e, a significant increase from about 27,518,000 kg CO2e in 2023. The emissions breakdown for 2024 includes Scope 1 emissions of about 662,000 kg CO2e, Scope 2 emissions of approximately 2,204,000 kg CO2e (location-based), and a substantial Scope 3 total of around 32,153,000 kg CO2e. Notably, the Scope 3 emissions are primarily driven by employee commuting (about 28,557,000 kg CO2e) and business travel (approximately 11,167,000 kg CO2e). IFS has set ambitious climate commitments, aiming for carbon neutrality by 2025, which encompasses Scope 1, Scope 2, and Scope 3 emissions related to business travel. Additionally, the company has established a science-based target to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. This target has been validated by the Science-Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The company is on track to meet its near-term targets, with a commitment to reduce Scope 2 emissions in line with the latest climate science. IFS's proactive approach to sustainability reflects its dedication to addressing climate change and reducing its overall carbon footprint.
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| 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 284,400 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 7,291,100 | 0,000,000 | 0,000,000 | 00,000 | 00,000 |
| Scope 3 | 131,342,100 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ifs is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
