FATE, officially known as FATE Technologies, is a prominent player in the technology sector, headquartered in Hungary (HU). Founded in 2010, the company has established itself as a leader in software development and IT solutions, primarily serving clients across Europe and beyond. FATE is renowned for its innovative approach to custom software solutions, offering services that range from application development to system integration. Their unique methodologies and commitment to quality have garnered them a strong market position, with notable achievements in delivering tailored solutions that meet diverse client needs. With a focus on cutting-edge technology and customer-centric services, FATE continues to drive advancements in the industry, solidifying its reputation as a trusted partner for businesses seeking to enhance their digital capabilities.
How does FATE'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.
Mean score of companies in the Pharmaceutical Preparation Manufacturing 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.
FATE's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, FATE reported a CO2 intensity of approximately 0.0278 tonnes CO2e per USD million in sales, with employee-related emissions estimated at about 6,900 kg CO2e per full-time position. The previous year, 2022, saw a slightly lower CO2 intensity of about 0.0261 tonnes CO2e per USD million in sales, with emissions per employee at approximately 6,100 kg CO2e. For 2024, the company reported a CO2 intensity of about 0.0319 tonnes CO2e per USD million in sales, with employee emissions rising to approximately 8,200 kg CO2e per full-time position. FATE has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set any formal reduction targets or climate pledges. The emissions data is not cascaded from any parent organization, indicating that FATE operates independently in its reporting. Overall, while FATE has made strides in tracking emissions, there is a clear opportunity for the company to establish more defined climate commitments and reduction initiatives to enhance its sustainability profile.
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.
FATE is not participating in any 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.