FICO, or Fair Isaac Corporation, is a leading analytics software company headquartered in San Jose, California. Established in 1956, FICO has significantly shaped the financial services industry, particularly in credit scoring and risk management. The company operates globally, with a strong presence in North America, Europe, and Asia. FICO is renowned for its innovative products, including the FICO Score, which is pivotal in credit decision-making, and its advanced analytics solutions that enhance fraud detection and customer engagement. With a commitment to leveraging data science, FICO stands out for its ability to provide actionable insights that drive business performance. Recognised as a market leader, FICO has received numerous accolades for its contributions to the analytics field, solidifying its position as a trusted partner for organisations seeking to optimise their operations and mitigate risk.
How does Fico'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 Business 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.
Fico's score of 17 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fico has not publicly disclosed specific carbon emissions data for the most recent year, nor for previous years, as indicated by the absence of emissions figures. However, the company has engaged in various climate-related initiatives, although detailed reduction targets are not specified. In recent assessments, Fico received a score of "D" for its climate performance in 2022 and 2023, indicating a need for improvement in its sustainability practices. The company has not achieved a score from the Science Based Targets initiative (SBTi), which suggests that it may not have set formal science-based emissions reduction targets. Fico's commitment to addressing climate change is evident through its participation in the Carbon Disclosure Project (CDP), where it has submitted responses regarding its environmental impact. However, the scores received highlight the necessity for enhanced transparency and action in reducing its carbon footprint. Overall, while Fico has made some strides in acknowledging climate issues, the lack of specific emissions data and formal reduction targets suggests that there is significant room for improvement in its climate commitments.
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.
Fico is committed to some reduction initiatives 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.