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 35 is lower than 61% 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 set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established clear reduction targets. Guidewire commits to a 50% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions by FY2030, using FY2020 as the baseline. Additionally, it aims for a 42% reduction in absolute Scope 3 emissions, which encompass emissions from fuel and energy-related activities, business travel, and employee commuting, within the same timeframe. Furthermore, Guidewire is dedicated to ensuring that by FY2028, 50% of its suppliers, based on emissions from purchased goods and services, will have science-based targets in place. These commitments align with the industry's best practices for climate action and are consistent with the reductions necessary to limit global warming to 1.5°C. Guidewire's proactive approach reflects its commitment to sustainability and responsible corporate governance in 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.