Public Profile

Penneo

Penneo, officially known as Penneo A/S, is a leading provider of digital signature and document management solutions, headquartered in Denmark (DK). Founded in 2014, the company has rapidly established itself in the Nordic region, offering innovative services that streamline compliance and enhance operational efficiency for businesses. Penneo's core offerings include electronic signatures, document automation, and secure storage, all designed to simplify the signing process while ensuring legal compliance. What sets Penneo apart is its user-friendly interface and robust security features, making it a preferred choice for companies seeking reliable digital solutions. With a strong market position, Penneo has achieved significant milestones, including partnerships with various industry leaders and recognition for its commitment to digital transformation. As businesses increasingly shift towards paperless operations, Penneo remains at the forefront of the digital signature industry, driving efficiency and trust in document management.

DitchCarbon Score

How does Penneo'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.

20

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.

10

Industry Benchmark

Penneo's score of 20 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

Penneo's reported carbon emissions

In 2023, Penneo reported approximately 90.72 kg CO2e in Scope 2 emissions, a significant reduction from about 181.44 kg CO2e in 2022. This demonstrates a commitment to decreasing indirect emissions associated with employee activities. Despite the absence of specific reduction targets or climate pledges, Penneo's focus on reducing Scope 2 emissions reflects an awareness of its environmental impact and a proactive approach to climate commitments. The company continues to align its operations with industry standards for sustainability, contributing to broader climate goals.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Penneo'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. Penneo is headquartered in DK, which has a rank of low, indicating low grid carbon 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.

Penneo is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers