Ifs
IFS, or Industrial and Financial Systems, is a leading global enterprise software provider headquartered in Sweden (SE). 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, construction, and aerospace. With a commitment to innovation, IFS has achieved significant milestones, including the launch of its cloud-based solutions that enhance operational efficiency and agility. 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 trusted partner for organisations seeking to optimise their business processes and drive digital transformation.
DitchCarbon Score
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.
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
Ifs's score of 52 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ifs's reported carbon emissions
In 2023, IFS reported total carbon emissions of approximately 29,759,000 kg CO2e, with emissions distributed across various scopes: 354,000 kg CO2e from Scope 1, 93,000 kg CO2e from Scope 2 (market-based), and a significant 27,052,000 kg CO2e from Scope 3. The Scope 3 emissions include substantial contributions from business travel (about 9,115,000 kg CO2e) and purchased goods and services (approximately 12,725,000 kg CO2e). For 2024, IFS anticipates an increase in total emissions to about 35,018,000 kg CO2e, with Scope 1 emissions rising to 662,000 kg CO2e and Scope 3 emissions projected to reach approximately 32,153,000 kg CO2e. This increase highlights the ongoing challenges in managing emissions across their operations. 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, they plan to cut Scope 3 emissions from purchased goods and services, business travel, and employee commuting by 25% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C.
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| 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 284,400 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 7,291,100 | 0,000,000 | 0,000,000 | 00,000 | 00,000 |
| Scope 3 | 131,342,100 | 00,000,000 | 00,000,000 | 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.
Ifs 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.
