Coupa Software
Coupa Software, a leading provider of business spend management (BSM) solutions, is headquartered in the United States. Founded in 2006, Coupa has established itself as a key player in the procurement and financial management industry, serving clients across various sectors globally. The company’s innovative platform offers a comprehensive suite of services, including procurement, invoicing, and expense management, designed to enhance visibility and control over organisational spending. With a focus on delivering measurable savings and improved operational efficiency, Coupa's unique offerings leverage advanced analytics and artificial intelligence. The company has achieved significant milestones, including a successful IPO in 2021, solidifying its position as a market leader. Coupa Software continues to empower businesses to optimise their spending strategies, making it a trusted partner for organisations seeking to drive financial performance and operational excellence.
DitchCarbon Score
How does Coupa Software'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
Coupa Software's score of 66 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coupa Software's reported carbon emissions
In 2023, Coupa Software reported total greenhouse gas emissions of approximately 31,547,000 kg CO2e, with emissions distributed across various scopes: 376,000 kg CO2e from Scope 1, 1,514,000 kg CO2e from Scope 2 (location-based), and 31,547,000 kg CO2e from Scope 3. The Scope 3 emissions included significant contributions from purchased goods and services (about 18,392,000 kg CO2e) and business travel (approximately 10,473,000 kg CO2e). Coupa has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by FY2041. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 85% by FY2031, using FY2023 as the baseline. Additionally, Coupa plans to reduce Scope 3 emissions by 52% per million USD value added by FY2031. The company is also committed to sourcing 100% renewable electricity annually through FY2031. Long-term goals include a further reduction of absolute Scope 1 and 2 emissions by 90% by FY2041, alongside a 90% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect Coupa's commitment to sustainable practices in the software and services sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 74,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 1,662,000 | 0,000,000 | 000,000 | 0,000 | 000 |
| Scope 3 | 9,522,000 | - | - | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Coupa Software 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.
