Ferrum AG
Ferrum AG, headquartered in Switzerland (CH), is a leading player in the financial technology sector, specialising in innovative solutions for the banking and finance industries. Founded in 1997, the company has established a strong presence across Europe and beyond, delivering cutting-edge software and services that enhance operational efficiency and customer engagement. Ferrum AG is renowned for its unique offerings, including advanced payment processing systems and comprehensive risk management tools. These products are designed to meet the evolving needs of financial institutions, ensuring compliance and security in an increasingly digital landscape. With a commitment to excellence, Ferrum AG has achieved significant milestones, positioning itself as a trusted partner for banks and financial service providers worldwide.
DitchCarbon Score
How does Ferrum AG'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 Machinery and Equipment 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
Ferrum AG's score of 46 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ferrum AG's reported carbon emissions
In 2023, Ferrum AG reported total carbon emissions of approximately 6,091,000,000 kg CO2e. This figure includes Scope 1 emissions of about 247,000,000 kg CO2e, Scope 2 emissions of around 137,000,000 kg CO2e, and significant Scope 3 emissions amounting to approximately 5,707,000,000 kg CO2e. Comparatively, in 2022, the total emissions were about 8,206,000,000 kg CO2e, with Scope 1 at approximately 341,000,000 kg CO2e, Scope 2 at around 223,000,000 kg CO2e, and Scope 3 emissions reaching about 7,642,000,000 kg CO2e. This indicates a notable reduction in total emissions from 2022 to 2023. Ferrum AG has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 carbon emissions by 50% by 2030, using 2019 as the baseline year. Additionally, the company is targeting net zero production for Scope 1 and Scope 2 emissions by 2050. These commitments reflect a proactive approach to addressing climate change and reducing their carbon footprint in the coming decades.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 649,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 404,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 14,362,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Ferrum AG 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.
