Public Profile

FORMULA GROUP

FORMULA GROUP, headquartered in the heart of the IT sector, has established itself as a leader in innovative technology solutions since its inception in 2015. With a strong presence across Europe and North America, the company focuses on delivering cutting-edge software development, IT consultancy, and digital transformation services. Recognised for its commitment to excellence, FORMULA GROUP has achieved significant milestones, including numerous industry awards for its bespoke software solutions. The company’s unique approach combines advanced technology with a deep understanding of client needs, ensuring tailored services that drive business success. As a prominent player in the IT industry, FORMULA GROUP continues to expand its market position, leveraging its expertise to help organisations navigate the complexities of digital change. With a dedicated team of professionals, the company remains at the forefront of technological innovation, consistently delivering value to its clients.

DitchCarbon Score

How does FORMULA GROUP'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.

13

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

FORMULA GROUP's score of 13 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

FORMULA GROUP's reported carbon emissions

FORMULA GROUP, headquartered in Italy, currently does not have available carbon emissions data for the most recent year, nor specific reduction targets or climate commitments outlined in their initiatives. Without concrete figures or defined goals, it is challenging to assess their current impact on climate change or their strategic approach to reducing carbon emissions. However, the absence of data may indicate an opportunity for FORMULA GROUP to enhance transparency and set measurable targets in line with industry standards. As the global focus on sustainability intensifies, it is crucial for companies like FORMULA GROUP to establish clear climate commitments and reduction strategies to contribute effectively to the fight against climate change.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. FORMULA GROUP's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. FORMULA GROUP is headquartered in IT, which has a rank of low, indicating low grid carbon 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.

FORMULA GROUP is not committed to any 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers