Appzen, officially known as Appzen Inc., is a leading provider of AI-driven expense management solutions, headquartered in the United States. Founded in 2012, the company has rapidly established itself in the financial technology sector, focusing on automating expense report auditing and compliance processes. With a strong presence in North America and expanding operations globally, Appzen serves a diverse range of industries, including finance, healthcare, and technology. The company's flagship product leverages advanced artificial intelligence to streamline expense management, ensuring accuracy and compliance while significantly reducing manual effort. Appzen's unique approach to automating financial processes has garnered recognition, positioning it as a key player in the expense management landscape. With numerous accolades and a growing client base, Appzen continues to innovate, helping organisations optimise their financial operations.
How does Appzen'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.
Appzen's score of 23 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Appzen reported Scope 1 and 2 emissions of approximately 776 kg CO2e per employee, a reduction from about 856 kg CO2e per employee in 2021. This demonstrates a commitment to decreasing their carbon footprint over the years. The company has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The data indicates a focus on improving energy efficiency, as evidenced by the decrease in electricity consumption per employee, which fell from 0.0099 in 2021 to 0.0088 in 2022. While comprehensive emissions data for 2020 and 2021 is not provided, the trend suggests a positive movement towards sustainability. Overall, Appzen's efforts reflect a growing awareness of climate impact and a commitment to reducing emissions, aligning with industry standards for corporate climate responsibility.
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.
Appzen 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.