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.
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.
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.
Guidewire's score of 15 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Guidewire, headquartered in the United States, has made significant commitments to reduce its carbon emissions. Although specific emissions data for the most recent year is not available, the company has set ambitious targets for the near future. Guidewire aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 50% by FY2030, using FY2020 as the baseline. Additionally, the company is committed to a 42% reduction in absolute Scope 3 emissions, which include emissions from fuel and energy-related activities, business travel, and employee commuting, within the same timeframe. Furthermore, Guidewire has pledged that by FY2028, 50% of its suppliers, based on emissions from purchased goods and services, will have established science-based targets. This commitment aligns with the company's broader goal of achieving net-zero emissions across all scopes by 2050. Guidewire's targets are consistent with the reductions necessary to limit global warming to 1.5°C, reflecting its dedication to addressing climate change and promoting sustainability within the software and services sector.
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 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.