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 61% 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 marked a reduction from 2021, where emissions were about 856 kg CO2e per employee, indicating a positive trend in their efforts to lower carbon emissions. The company has also shown a commitment to reducing electricity consumption, with figures of 0.0088 and 0.0099 for electricity consumption per employee in 2022 and 2021, respectively. Despite these reductions, 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 climate targets such as those set by the Science Based Targets initiative (SBTi). Overall, Appzen's emissions data reflects a commitment to improving sustainability, although further transparency regarding their climate commitments would enhance their environmental 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 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.