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Communication Equipment Manufacturing
US
updated 2 months ago

OneSpan Inc. Sustainability Profile

Company website

OneSpan Inc., a leading provider of digital identity and anti-fraud solutions, is headquartered in the United States. Founded in 1991, the company has established itself as a key player in the cybersecurity industry, focusing on secure digital transactions and identity verification. With a strong presence in North America and Europe, OneSpan offers a range of innovative products, including its renowned e-signature solutions and multi-factor authentication technologies. What sets OneSpan apart is its commitment to enhancing security while ensuring a seamless user experience. The company has achieved significant milestones, including numerous industry awards for its cutting-edge technology. As a trusted partner for financial institutions and enterprises, OneSpan continues to strengthen its market position by delivering robust solutions that address the evolving challenges of digital security.

DitchCarbon Score

How does OneSpan Inc.'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.

39

Industry Average

Mean score of companies in the Communication Equipment Manufacturing 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.

32

Industry Benchmark

OneSpan Inc.'s score of 39 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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OneSpan Inc.'s reported carbon emissions

In 2023, OneSpan Inc. reported total carbon emissions of approximately 22,361,000 kg CO2e. This figure includes Scope 1 emissions of about 124,000 kg CO2e, Scope 2 emissions of approximately 103,000 kg CO2e, and significant Scope 3 emissions amounting to around 22,134,000 kg CO2e. Comparatively, in 2022, OneSpan's total emissions were about 25,070,000 kg CO2e, with Scope 1 at 106,000 kg CO2e, Scope 2 at 207,000 kg CO2e, and Scope 3 at 24,757,000 kg CO2e. This indicates a reduction in total emissions of approximately 2,709,000 kg CO2e from 2022 to 2023. In 2021, the company reported total emissions of around 23,520,000 kg CO2e, with Scope 1 emissions of 68,000 kg CO2e, Scope 2 emissions of 215,000 kg CO2e, and Scope 3 emissions of 23,237,000 kg CO2e. Despite these reductions, OneSpan has not set specific reduction targets or initiatives as part of their climate commitments, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from OneSpan Inc. Overall, OneSpan Inc. demonstrates a commitment to monitoring and reporting its carbon emissions, with a notable decrease in total emissions over the past two years.

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202120222023
Scope 1
68,000
000,000
000,000
Scope 2
215,000
000,000
000,000
Scope 3
23,237,000
00,000,000
00,000,000

How Carbon Intensive is OneSpan Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. OneSpan Inc.'s primary industry is Communication Equipment Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is OneSpan Inc.'s Location?

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 OneSpan Inc. is in US, which has a low grid carbon intensity relative to other regions.

OneSpan Inc.'s Climate Goals (2030 & 2050)

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.

OneSpan Inc. 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.

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

Compare OneSpan Inc.'s Emissions with Industry Peers

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Ibm

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WISeKey International Holding AG

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Radio, television and communication equipment and apparatus (32)
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Where does DitchCarbon data come from?

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