MetricStream, a leading provider of governance, risk, and compliance (GRC) solutions, is headquartered in the United States. Founded in 1999, the company has established a strong presence in key operational regions, including Europe and Asia. MetricStream is renowned for its innovative cloud-based software that streamlines risk management, compliance, and audit processes, setting it apart in the competitive GRC landscape. With a focus on enhancing organisational resilience, MetricStream offers a comprehensive suite of products, including risk management, compliance management, and internal audit solutions. The company has achieved significant milestones, such as being recognised as a leader in the GRC space by industry analysts. MetricStream's commitment to delivering unique, scalable solutions has solidified its position as a trusted partner for enterprises seeking to navigate complex regulatory environments effectively.
How does MetricStream'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 Business 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.
MetricStream's score of 14 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MetricStream reported total carbon emissions of approximately 129,400 kg CO2e, with Scope 2 emissions accounting for about 20,200 kg CO2e and Scope 3 emissions contributing approximately 109,200 kg CO2e. Notably, there is no reported data for Scope 1 emissions. For the year 2024, MetricStream disclosed digital carbon emissions of about 300 kg CO2e, although the specific scope of these emissions is not defined. Despite these figures, MetricStream has not established any formal reduction targets or commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of reduction initiatives suggests a need for further development in their climate strategy. Overall, while MetricStream has made some disclosures regarding their emissions, the lack of comprehensive reduction targets indicates an opportunity for improvement in their climate commitments.
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.
MetricStream is not participating in any 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.