Coupa Software Sustainability Profile
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 79% 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 significant carbon emissions, with Scope 1 emissions at approximately 376,000 kg CO2e, Scope 2 emissions at about 1,514,000 kg CO2e (location-based), and Scope 3 emissions reaching approximately 31,547,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 85% by FY2031 from a FY2023 base year. Additionally, Coupa is committed to achieving net-zero emissions across its value chain by FY2041. For Scope 3 emissions, Coupa targets a reduction of 52% per million USD value added by FY2031, with a long-term goal of a 90% reduction by FY2041. The company also pledges to source 100% renewable electricity annually through FY2031. These targets align with the Science Based Targets initiative (SBTi) and are designed to meet the requirements for limiting global warming to 1.5°C. Coupa's emissions data is not cascaded from any parent organization, ensuring that their commitments and targets are independently set and reported. The company's proactive approach to sustainability reflects its commitment to addressing climate change and reducing its environmental impact.
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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 |
How Carbon Intensive is Coupa Software's Industry?
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Coupa Software's Scope 3 Categories Breakdown
Coupa Software's Scope 3 emissions, which decreased by 6% last year and increased by approximately 231% since 2019, 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 "Purchased Goods and Services" being the largest emissions source at 58% of Scope 3 emissions.
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Coupa Software'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.
Coupa Software 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.
Frequently Asked Questions
Common questions about Coupa Software's sustainability data and climate commitments