Aspen Technology Sustainability Profile
Aspen Technology, Inc., commonly known as AspenTech, is a leading provider of software solutions for the process industries, headquartered in the United States. Founded in 1981, the company has established a strong presence in key operational regions, including Europe and Asia, focusing on sectors such as oil and gas, chemicals, and pharmaceuticals. AspenTech is renowned for its advanced process optimisation and asset performance management software, which enhances operational efficiency and drives innovation. Its core products, including Aspen Plus and Aspen HYSYS, are distinguished by their ability to model complex processes and improve decision-making. With a commitment to digital transformation, AspenTech has achieved significant milestones, positioning itself as a market leader in the industrial software space. The company continues to empower organisations to maximise their assets and achieve sustainable growth through cutting-edge technology.
DitchCarbon Score
How does Aspen Technology'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
Aspen Technology's score of 88 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aspen Technology's reported carbon emissions
In 2024, Aspen Technology, headquartered in the US, reported total carbon emissions of approximately 81,208,000 kg CO2e across all scopes. This includes 145,000 kg CO2e from Scope 1, primarily from stationary combustion, and about 2,824,000 kg CO2e from Scope 2 emissions. The majority of their emissions, approximately 81,208,000 kg CO2e, stem from Scope 3, which encompasses various activities such as business travel (7,502,000 kg CO2e) and the use of sold products (56,116,000 kg CO2e). Aspen Technology has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions for Scope 1 and Scope 2 by 2030, with significant reductions in Scope 3 emissions by the same year and full net-zero by 2045. These targets are part of their broader sustainability strategy and reflect a commitment to addressing climate change. The emissions data is cascaded from their parent company, Emerson Electric Co., indicating a corporate family relationship that influences their sustainability reporting and targets. Aspen Technology's initiatives align with industry standards and demonstrate a proactive approach to reducing their carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 723,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,074,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Aspen Technology's Industry?
How Carbon Intensive is Aspen Technology's Location?
Aspen Technology's Scope 3 Categories Breakdown
Aspen Technology's Scope 3 emissions, which increased by 220% last year and increased by approximately 306% since 2022, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 69% of Scope 3 emissions.
Top Scope 3 Categories
Aspen Technology's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Aspen Technology has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
