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 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Appzen reported a total Scope 1 and 2 emissions figure of approximately 776 kg CO2e per employee. This represents a reduction from 2021, where emissions were about 856 kg CO2e per employee, indicating a positive trend in their climate performance. The company has also shown a decrease in electricity consumption per employee, from 0.0099 in 2021 to 0.0088 in 2022. Despite these improvements, there are currently no specific reduction targets or climate pledges disclosed by Appzen. The absence of formal commitments suggests that while the company is making strides in reducing its emissions, it may not yet have established industry-standard targets such as those set by the Science Based Targets initiative (SBTi). Overall, Appzen's emissions data reflects a commitment to reducing its carbon footprint, although further transparency regarding specific reduction initiatives and long-term climate commitments would enhance its sustainability profile.
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 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.