Ferrum AG Sustainability Profile
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 67% 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 totalling approximately 5,707,000,000 kg CO2e. The total emissions for 2022 were higher, at about 8,206,000,000 kg CO2e, with Scope 1 at 341,000,000 kg CO2e, Scope 2 at 223,000,000 kg CO2e, and Scope 3 at 7,642,000,000 kg CO2e. In 2021, emissions peaked at approximately 15,415,000,000 kg CO2e. Ferrum AG has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline year. Additionally, the company is targeting net zero production for both Scope 1 and Scope 2 emissions by 2050. These commitments reflect Ferrum AG's dedication to addressing its carbon footprint and contributing to global climate goals.
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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 |
How Carbon Intensive is Ferrum AG's Industry?
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Ferrum AG'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.
Ferrum AG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
