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 20 is lower than 84% 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 specified. 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). The absence of reduction initiatives indicates a potential area for growth in their climate strategy. Overall, while MetricStream has made some disclosures regarding their emissions, there is a clear opportunity for the organisation to enhance its climate commitments and set measurable reduction targets in the future.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
MetricStream has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
