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 7 is lower than 56% 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 4,060,000 kg CO2e. This figure includes 720,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and another 720,000 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 3,070,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Currently, Altair Engineering has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. As such, their climate commitments remain unclear, and there are no documented pledges or targets under the Science Based Targets initiative (SBTi). This lack of defined goals may reflect a broader industry context where many companies are still developing comprehensive strategies to address climate change and reduce emissions effectively.
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Add to project| 2022 | |
|---|---|
| Scope 1 | 720,000 |
| Scope 2 | 720,000 |
| 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.
