IFS, or Industrial and Financial Systems, is a global enterprise software provider headquartered in Linköping, Sweden. Founded in 1983, IFS has established a strong presence in key operational regions, including North America, Europe, and Asia-Pacific. The company specialises in enterprise resource planning (ERP), enterprise asset management (EAM), and service management solutions, catering primarily to industries such as manufacturing, aerospace, and defence. With a commitment to innovation, IFS has achieved significant milestones, including the launch of its cloud-based solutions that enhance operational efficiency. The company is recognised for its unique ability to deliver industry-specific functionalities, setting it apart in a competitive market. IFS continues to solidify its position as a leader in the software industry, consistently earning accolades for its customer-centric approach and robust product offerings.
How does Ifs'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.
Ifs's score of 42 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IFS reported total carbon emissions of approximately 27.5 million tonnes CO2e, comprising 354,000 tonnes from Scope 1, 1,034,000 tonnes from Scope 2, and a significant 27.1 million tonnes from Scope 3 emissions. This represents a notable increase in emissions compared to previous years, with 2022 emissions recorded at about 24.6 million tonnes CO2e. IFS has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the baseline year. Additionally, the company targets a 25% reduction in Scope 3 emissions, which include emissions from purchased goods and services, business travel, and employee commuting, within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Overall, IFS's emissions profile highlights the challenges faced in reducing carbon footprints while also demonstrating a commitment to significant future reductions across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 284,400 | 00,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 7,291,100 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 |
Scope 3 | 131,342,100 | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Ifs 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.