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 65 is higher than 99% 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 2024, IFS reported total carbon emissions of approximately 35,018,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 32,153,000 kg CO2e. Scope 1 emissions were approximately 662,000 kg CO2e, while Scope 2 emissions totalled about 2,204,000 kg CO2e. In comparison, the previous year, 2023, saw total emissions of about 29,759,000 kg CO2e, with Scope 3 emissions at approximately 27,052,000 kg 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 base year. Additionally, the company targets a 25% reduction in Scope 3 emissions, which include purchased goods and services, business travel, and employee commuting, within the same timeframe. IFS has also committed to achieving carbon neutrality by 2025, covering Scope 1, Scope 2, and Scope 3 business travel emissions. These targets have been validated by the Science-Based Targets initiative (SBTi), aligning with the latest climate science to limit global warming to 1.5°C. IFS's proactive approach reflects its commitment to sustainability and reducing its carbon footprint in the software and services sector.
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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.
