Altair Engineering Inc.
Altair Engineering Inc., commonly referred to as Altair, is a leading global technology company headquartered in the United States. Founded in 1985, Altair has established itself as a pioneer in the fields of simulation, high-performance computing, and data analytics, serving a diverse range of industries including automotive, aerospace, and manufacturing. With a strong presence in North America, Europe, and Asia, Altair offers innovative software solutions that empower organisations to optimise product design and performance. Their core products, such as Altair HyperWorks and Altair Smart Learning, are distinguished by their advanced capabilities in simulation-driven design and artificial intelligence. Recognised for its commitment to sustainability and efficiency, Altair has achieved significant milestones, including numerous awards for innovation and excellence in engineering software. As a trusted partner in the industry, Altair continues to shape the future of technology with its cutting-edge solutions.
DitchCarbon Score
How does Altair Engineering 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.
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
Altair Engineering Inc.'s score of 25 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Altair Engineering Inc.'s reported carbon emissions
In 2022, Altair Engineering Inc. reported total carbon emissions of approximately 3,070,000 kg CO2e from Scope 3 sources and about 720,000 kg CO2e from combined Scope 1 and 2 emissions. This indicates a significant reliance on indirect emissions, as Scope 3 emissions typically encompass the majority of a company's carbon footprint, often arising from the supply chain and product use. Despite the substantial emissions figures, there are currently no publicly disclosed reduction targets or initiatives aimed at decreasing these emissions. Altair Engineering's commitment to addressing climate change remains unclear, as they have not outlined specific climate pledges or targets in their available documentation. As a company headquartered in the US, Altair Engineering operates within an industry increasingly focused on sustainability and carbon reduction. The absence of defined reduction strategies may position them at a disadvantage in a market that is progressively prioritising environmental responsibility.
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| 2022 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 3,070,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Altair Engineering Inc. is not committed to any 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.
