Drake Software Sustainability Profile
Drake Software, headquartered in the United States, is a leading provider of tax preparation software and solutions, primarily serving accounting professionals and tax preparers. Founded in 1977, the company has established itself as a trusted name in the industry, known for its innovative approach to tax software development. With a strong presence across the US, Drake Software offers a comprehensive suite of products, including its flagship Drake Tax software, which is renowned for its user-friendly interface and robust features. The company’s commitment to customer support and continuous improvement has earned it a loyal client base and a prominent position in the tax software market. Drake Software's dedication to quality and efficiency has led to numerous accolades, solidifying its reputation as a reliable partner for tax professionals seeking to streamline their operations and enhance client service.
DitchCarbon Score
How does Drake 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
Drake Software's score of 22 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Drake Software's reported carbon emissions
Drake Software, headquartered in the United States, has set ambitious climate commitments aimed at significantly reducing its carbon footprint. The company has committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by the year 2030, using 2021 as the baseline year. Additionally, Drake Software aims to achieve a 25% reduction in absolute Scope 3 emissions, specifically from purchased goods and services, within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit warming to 1.5°C. The commitments reflect a proactive approach to climate action, although specific emissions data is currently unavailable. As a current subsidiary of Drake Software, LLC, these targets are cascaded from the parent organisation, reinforcing the company's dedication to sustainability and responsible business practices.
How Carbon Intensive is Drake Software's Industry?
How Carbon Intensive is Drake Software's Location?
Drake 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.
Drake 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.
