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%

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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 greenhouse gas emissions. Although specific emissions data for the most recent year is not available, the company has established clear targets for the future. Drake Software is committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by the year 2030, using 2021 as the baseline year. Additionally, the company aims to achieve a 25% reduction in absolute Scope 3 emissions, specifically from purchased goods and services, within the same timeframe. These targets align with the science-based criteria necessary to limit global warming to 1.5°C, demonstrating the company's dedication to sustainable practices within the software and services sector. Through these initiatives, Drake Software is taking significant steps towards minimising its carbon footprint and contributing to broader climate action efforts.

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
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Drake Software is in US, which has a low grid carbon intensity relative to other regions.

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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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