Public Profile

Drake Software

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.

28

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.

25

Industry Benchmark

Drake Software's score of 28 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

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. Although specific emissions data for the most recent year is not available, the company has established clear reduction targets. By 2030, Drake Software aims to achieve a 42% reduction in absolute greenhouse gas (GHG) emissions from Scope 1 and Scope 2, using 2021 as the baseline year. Additionally, the company is committed to reducing its Scope 3 emissions, specifically from purchased goods and services, by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Drake Software's proactive approach reflects its commitment to sustainability and responsible corporate practices within the software and services sector.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Drake Software'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. Drake Software is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Drake Software is committed to some reduction initiatives 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

Similar Organizations

Wolters Kluwer TAA NA

US
Printed matter and recorded media (22)
Updated about 1 month ago
DitchCarbon Score

Trilogy Software Inc.

CA
Computer and related services (72)
Updated about 1 month ago
DitchCarbon Score

Thomson Reuters

US
Printed matter and recorded media (22)
Updated 14 days ago

Onehub Inc.

US
Computer and related services (72)
Updated 20 days ago

Intuit

US
Computer and related services (72)
Updated 9 days ago

Dropbox

US
Computer and related services (72)
Updated 20 days ago

Where does DitchCarbon data come from?

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