Addepar, Inc., a leading financial technology firm headquartered in the United States, was founded in 2009. The company primarily operates in the wealth management and investment sectors, providing innovative solutions for asset management and financial reporting. Addepar's core offerings include a powerful data aggregation platform and advanced analytics tools, designed to enhance transparency and decision-making for financial professionals. With a strong presence in major financial hubs, Addepar has established itself as a trusted partner for wealth managers, family offices, and institutional investors. The company's unique approach to data integration and visualisation has garnered recognition, positioning it as a key player in the fintech landscape. Notable achievements include significant funding rounds and partnerships that have expanded its market reach and capabilities.
How does Addepar, Inc.'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.
Addepar, Inc.'s score of 24 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Addepar, Inc. reported a carbon footprint of approximately 1,280 kg CO2e per employee and about 130 kg CO2e per square metre of office space. However, specific total emissions data for Scope 1, 2, and 3 are not disclosed. The company has set ambitious near-term reduction targets, aiming for a 10% decrease in greenhouse gas (GHG) emissions for both Scope 1 and Scope 2 by the end of 2023. These targets are part of their Environmental Management Plan, which includes specific measures outlined in annual work plans. Addepar's climate commitments reflect a proactive approach to sustainability, although no data is cascaded from a parent company, indicating that their initiatives are independently developed. The absence of detailed emissions data suggests a need for further transparency in their reporting practices. Overall, Addepar is taking steps towards reducing its carbon footprint while striving to enhance its environmental impact.
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.
Addepar, Inc. is not participating in any 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.