Epam
EPAM Systems, Inc., commonly referred to as EPAM, is a leading global provider of digital platform engineering and software development services. Headquartered in the United States, EPAM operates extensively across North America, Europe, and Asia, delivering innovative solutions to clients in various industries, including financial services, healthcare, and retail. Founded in 1993, EPAM has achieved significant milestones, including its listing on the New York Stock Exchange in 2012. The company is renowned for its unique combination of engineering expertise and design capabilities, offering services such as custom software development, digital transformation, and consulting. EPAM's commitment to quality and customer-centric solutions has positioned it as a trusted partner for many Fortune 500 companies, solidifying its reputation in the competitive technology landscape.
DitchCarbon Score
How does Epam'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
Epam's score of 57 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Epam's reported carbon emissions
In 2023, EPAM Systems, Inc. reported total carbon emissions of approximately 576,000 kg CO2e. This figure includes about 9,000 kg CO2e from Scope 2 emissions and a significant 567,000 kg CO2e from Scope 3 emissions, which primarily encompass indirect emissions from business travel and employee commuting. Comparatively, in 2022, EPAM's total emissions were about 978,000 kg CO2e, with Scope 2 emissions at 44,000 kg CO2e and Scope 3 emissions at 934,000 kg CO2e. In 2021, the total emissions were approximately 519,000 kg CO2e, with Scope 2 emissions of 60,000 kg CO2e and Scope 3 emissions of 459,000 kg CO2e. This indicates a notable reduction in total emissions from 2022 to 2023. EPAM has set ambitious climate commitments, pledging to achieve Net Zero emissions across all operations by 2050. Near-term targets include a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030 from a 2023 base year, and a 25% reduction in Scope 3 emissions from business travel and employee commuting within the same timeframe. Additionally, EPAM aims for 82% of its suppliers by spend to have science-based targets by 2029. These commitments are aligned with the Science Based Targets initiative (SBTi), which classifies EPAM's targets as consistent with limiting global warming to 1.5°C. The company is on track to meet its near-term targets, demonstrating a proactive approach to climate action and sustainability.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 60,000 | 00,000 | 0,000 |
| Scope 3 | 459,000 | 000,000 | 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.
Epam 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.
