Public Profile

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.

42

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.

10

Industry Benchmark

Ifs's score of 42 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

Ifs's reported carbon emissions

In 2023, IFS reported total carbon emissions of approximately 27,518,000 kg CO2e, with emissions distributed across various scopes: 354,000 kg CO2e from Scope 1, 1,034,000 kg CO2e from Scope 2, and a significant 27,072,000 kg CO2e from Scope 3. This indicates a continued reliance on indirect emissions, particularly from purchased goods and services, business travel, and employee commuting. Looking at previous years, IFS's emissions have fluctuated, with 2022 emissions at about 24,591,000 kg CO2e, 2021 at approximately 13,751,040 kg CO2e, and 2020 at around 7,472,960 kg CO2e. The company 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, IFS plans 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 reflect IFS's commitment to addressing climate change and reducing its carbon footprint in line with global warming limits of 1.5°C.

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Add to project
20192020202120222023
Scope 1
284,400
000,000
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
0,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ifs's primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ifs is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers