Algorithmics Incorporated Sustainability Profile
Algorithmics Incorporated, a leading name in the financial technology sector, is headquartered in California and operates across major regions including North America and Europe. Founded in 1993, the company has established itself as a pioneer in risk management and analytics solutions, catering primarily to financial institutions and investment firms. The firm’s core offerings include advanced risk assessment tools and portfolio management software, distinguished by their innovative algorithms and user-friendly interfaces. Algorithmics has achieved significant milestones, including the development of industry-standard risk management frameworks that have set benchmarks in the market. With a strong reputation for reliability and precision, Algorithmics Incorporated continues to be a trusted partner for organisations seeking to enhance their risk management capabilities, solidifying its position as a key player in the fintech landscape.
DitchCarbon Score
How does Algorithmics Incorporated'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
Algorithmics Incorporated's score of 26 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Algorithmics Incorporated's reported carbon emissions
Algorithmics Incorporated, headquartered in California, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of SS&C Technologies Holdings, Inc., which may influence its climate commitments and reporting practices. While there are no documented reduction targets or climate pledges from Algorithmics Incorporated, it is important to note that emissions data and sustainability initiatives may be cascaded from its parent company, SS&C Technologies Holdings, Inc. This relationship could potentially align Algorithmics with broader corporate sustainability goals, although specific details on these initiatives are not provided. As a part of the financial services industry, Algorithmics is likely to be influenced by increasing regulatory and stakeholder pressures to disclose emissions and implement effective climate strategies. The absence of specific emissions data highlights an opportunity for the company to enhance its transparency and commitment to climate action in the future.
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Algorithmics Incorporated's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Algorithmics Incorporated has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
