Clearwater Analytics Sustainability Profile
Clearwater Analytics, a leading provider of investment accounting and reporting solutions, is headquartered in the United States. Founded in 2004, the company has established itself as a key player in the financial technology industry, particularly in the realms of asset management and investment analytics. Clearwater Analytics offers a unique cloud-based platform that streamlines data aggregation, reporting, and compliance for institutional investors, enabling them to make informed decisions with real-time insights. With a strong presence in major operational regions across North America and Europe, Clearwater Analytics has achieved significant milestones, including rapid growth and recognition for its innovative approach to financial data management. The company's commitment to delivering accurate, timely, and comprehensive analytics has positioned it as a trusted partner for organisations seeking to enhance their investment operations and reporting capabilities.
DitchCarbon Score
How does Clearwater Analytics'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 Financial Intermediation 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
Clearwater Analytics's score of 25 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Clearwater Analytics's reported carbon emissions
In 2023, Clearwater Analytics reported total carbon emissions of approximately 510,000 kg CO2e. This figure includes 35,000 kg CO2e from Scope 1 emissions, 16,000 kg CO2e from Scope 2 emissions, and a significant 459,000 kg CO2e from Scope 3 emissions. This represents a notable reduction from 2022, when total emissions were about 681,000 kg CO2e, with Scope 2 emissions at 31,000 kg CO2e and Scope 3 emissions at 650,000 kg CO2e. Despite these reductions, Clearwater Analytics has not set specific science-based targets for emissions reduction, nor have they committed to any formal climate pledges. The company’s emissions data is not cascaded from a parent organisation, indicating that these figures are independently reported. Clearwater Analytics continues to focus on transparency in its environmental impact, as evidenced by its detailed ESG and Impact Report for FY 23-24. The company is actively working to manage its carbon footprint, particularly in the area of Scope 3 emissions, which constitute the majority of its total emissions.
How Carbon Intensive is Clearwater Analytics's Industry?
How Carbon Intensive is Clearwater Analytics's Location?
Clearwater Analytics'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.
Clearwater Analytics has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
