Guidewire
Guidewire Software, Inc., commonly referred to as Guidewire, is a leading provider of software solutions for the global property and casualty insurance industry. Headquartered in the United States, the company has established a significant presence in major operational regions, including Europe and Asia-Pacific. Founded in 2001, Guidewire has achieved key milestones, such as the introduction of its cloud-based platform, which has transformed how insurers manage their operations. The company’s core offerings include its InsuranceSuite, Digital Portal, and DataHub, all designed to enhance efficiency and customer engagement. What sets Guidewire apart is its commitment to innovation and adaptability, enabling insurers to respond swiftly to market changes. With a strong market position, Guidewire has garnered recognition for its robust solutions, making it a trusted partner for insurers seeking to modernise their operations and improve service delivery.
DitchCarbon Score
How does Guidewire'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 Computer 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.
Industry Benchmark
Guidewire's score of 61 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Guidewire's reported carbon emissions
In 2023, Guidewire reported total greenhouse gas (GHG) emissions of approximately 28,000,800 kg CO2e. This includes 30,800 kg CO2e from Scope 1 emissions, 729,000 kg CO2e from market-based Scope 2 emissions, and a significant 27,323,400 kg CO2e from Scope 3 emissions, which encompasses categories such as purchased goods and services, business travel, and employee commuting. Guidewire has set ambitious targets to reduce its carbon footprint. The company aims to achieve a 50% reduction in absolute Scope 1 and Scope 2 GHG emissions by fiscal year 2030, using 2020 as the baseline year. Additionally, it plans to cut absolute Scope 3 emissions from fuel and energy-related activities, business travel, and employee commuting by 42% within the same timeframe. Furthermore, Guidewire is committed to ensuring that 50% of its suppliers, based on emissions from purchased goods and services, will have science-based targets by fiscal year 2028. These commitments align with industry standards for climate action, reflecting Guidewire's dedication to sustainability and its role in mitigating climate change impacts.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 41,200 | 00,000 | 00,000 |
| Scope 2 | 1,421,600 | 0,000,000 | 000,000 |
| Scope 3 | 39,652,300 | 00,000,000 | 00,000,000 |
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.
Guidewire is participating in some 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.
