Epam Sustainability Profile
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 49 is higher than 68% 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
EPAM Systems, Inc., headquartered in the United States, has set ambitious climate commitments aimed at achieving net-zero greenhouse gas emissions across its value chain by 2050. Although specific carbon emissions data for the most recent year is not available, the company has outlined significant reduction targets. EPAM has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030 from a 2023 base year. Furthermore, it aims for a more substantial reduction of 90% in these emissions by 2050. In terms of Scope 3 emissions, which include indirect emissions from business travel and employee commuting, EPAM plans to reduce these by 25% by 2030 and 90% by 2050. Additionally, EPAM has set a target for 82% of its suppliers, by spend, to have science-based targets by 2028, reinforcing its commitment to sustainability throughout its supply chain. These targets are aligned with the Science Based Targets initiative (SBTi) and are consistent with the reductions required to limit global warming to 1.5°C. Overall, EPAM Systems, Inc. is on track to meet its climate commitments, demonstrating a proactive approach to addressing climate change and reducing its carbon footprint.
How Carbon Intensive is Epam's Industry?
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Epam'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.
Epam 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.
