EPAM Systems, Inc., commonly referred to as EPAM, is a leading global provider of digital platform engineering and software development services. Headquartered in the United States, EPAM operates extensively across North America, Europe, and Asia, delivering innovative solutions to clients in various industries, including financial services, healthcare, and retail. Founded in 1993, EPAM has achieved significant milestones, including its listing on the New York Stock Exchange in 2012. The company is renowned for its unique combination of engineering expertise and design capabilities, offering services such as custom software development, digital transformation, and consulting. EPAM's commitment to quality and customer-centric solutions has positioned it as a trusted partner for many Fortune 500 companies, solidifying its reputation in the competitive technology landscape.
How does Epam'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.
Epam's score of 39 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, EPAM Systems, Inc. reported total carbon emissions of approximately 978,000 kg CO2e, with Scope 2 emissions accounting for about 44,000 kg CO2e and Scope 3 emissions comprising approximately 934,000 kg CO2e. This marked a significant increase from 2021, when total emissions were about 519,000 kg CO2e, with Scope 2 emissions at approximately 60,000 kg CO2e and Scope 3 emissions at around 459,000 kg CO2e. EPAM has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.4% by 2030, using 2021 as the base year. Additionally, the company plans to cut Scope 3 emissions from business travel and employee commuting by 25% within the same timeframe. By 2028, EPAM also commits to ensuring that 82% of its suppliers, based on spend, will have science-based targets. Looking towards the long term, EPAM has pledged to achieve net-zero greenhouse gas emissions across its value chain by 2050. This includes a further reduction of 90% in absolute Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by 2050, using 2023 as the base year. These targets align with industry standards and reflect EPAM's commitment to addressing climate change effectively.
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2021 | 2022 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 60,000 | 00,000 |
Scope 3 | 459,000 | 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.
Epam 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.