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 49 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
EPAM Systems, Inc., headquartered in the United States, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its operations by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 from a 2023 base year. Additionally, EPAM aims to reduce absolute Scope 3 emissions, specifically from business travel and employee commuting, by 25% within the same timeframe. In a broader context, EPAM's long-term goals include a significant reduction of 90% in absolute Scope 1 and 2 emissions by 2050, also from a 2023 base year. Furthermore, the company is committed to ensuring that 82% of its suppliers, by spend, covering purchased goods and services, capital goods, and upstream transportation and distribution, will have science-based targets by 2029. These commitments reflect EPAM's alignment with industry standards for climate action, demonstrating a proactive approach to mitigating its environmental impact. The company's targets are consistent with the reductions required to limit global warming to 1.5°C, as recognised by the Science Based Targets initiative (SBTi).
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 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.