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Computer Services
US
updated 7 months ago

AspenTech Corporation

Company website

AspenTech Corporation, commonly referred to 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 uniquely integrates artificial intelligence and machine learning to enhance operational efficiency. The company has achieved significant milestones, including numerous awards for innovation and excellence in the industry. With a robust market position, AspenTech continues to drive digital transformation in the process industries, helping clients maximise productivity and reduce costs. Its commitment to innovation and sustainability has solidified its reputation as a trusted partner for businesses seeking to navigate the complexities of modern manufacturing.

DitchCarbon Score

How does AspenTech Corporation'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.

61

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.

30

Industry Benchmark

AspenTech Corporation's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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AspenTech Corporation's reported carbon emissions

Inherited from Aspen Technology, Inc.

AspenTech Corporation, headquartered in the United States, has made significant commitments towards reducing carbon emissions, although specific emissions data for the most recent year is currently unavailable. The company is committed to achieving net-zero emissions across all scopes, with a long-term target set for 2050. This commitment is part of their alignment with the Science Based Targets initiative (SBTi), which underscores their dedication to climate action. AspenTech's net-zero commitment is classified as "committed," indicating a proactive stance towards sustainability. The company is part of a corporate family that includes Aspen Technology, Inc., which has cascading climate targets and initiatives. Notably, emissions data and performance metrics are inherited from Aspen Technology, Inc., which operates at a cascade level of 2. While specific reduction targets have not been detailed, AspenTech's overarching goal reflects a growing trend in the software and services sector to address climate change through strategic initiatives. The company is actively working towards integrating sustainable practices into its operations, aligning with industry standards for climate responsibility.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. AspenTech Corporation's primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for AspenTech Corporation is in US, which has a low grid carbon intensity relative to other regions.

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.

AspenTech Corporation is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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