Temenos AG, a leading provider of banking software, is headquartered in Geneva, Switzerland (CH). Founded in 1993, the company has established itself as a key player in the financial services industry, offering innovative solutions that cater to banks and financial institutions worldwide. With a strong presence in Europe, North America, and Asia, Temenos focuses on core banking, digital banking, and wealth management systems. Temenos is renowned for its flagship product, Temenos Transact, which stands out for its flexibility and scalability, enabling banks to enhance customer experiences and streamline operations. The company has achieved significant milestones, including numerous awards for its technology and a robust market position, serving over 3,000 clients globally. With a commitment to driving digital transformation in banking, Temenos continues to shape the future of financial services.
How does Temenos'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.
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.
Temenos's score of 88 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Temenos AG reported total carbon emissions of approximately 61,931,000 kg CO2e, with emissions distributed across various scopes: 517,000 kg CO2e from Scope 1, 4,273,000 kg CO2e from Scope 2, and a significant 61,399,000 kg CO2e from Scope 3. This represents a notable increase from 2022, where total emissions were about 86,832,000 kg CO2e. Temenos has set ambitious climate commitments, aiming for net zero greenhouse gas emissions by 2050. Additionally, the company has committed to reducing absolute Scope 1, 2, and 3 greenhouse gas emissions by 50% by 2030, using 2019 as the base year. This target aligns with the Science Based Targets initiative (SBTi) and reflects a commitment to sustainable practices within the software and services sector. Overall, Temenos is actively working towards significant emissions reductions while addressing its environmental impact, demonstrating a proactive approach to climate change and sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 607,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 4,985,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 29,063,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Temenos is committed to some reduction initiatives 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.