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.

52

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.

26

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.

97%

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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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20192021202220232024
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

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. This request for Ifs is in SE, which has a very low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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DitchCarbon Score

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