Penneo Sustainability Profile
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.
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
Penneo's score of 11 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Penneo's reported carbon emissions
In 2022, Penneo reported approximately 181.437 kg CO2e per full-time equivalent (FTE) for its Scope 2 emissions, reflecting its indirect carbon footprint associated with energy consumption. However, there is no available emissions data for 2023, and the company has not disclosed any Scope 1 or Scope 3 emissions figures. Penneo has not set specific reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of detailed emissions data and reduction commitments suggests that Penneo is still in the early stages of formalising its climate strategy. As a current subsidiary of Penneo A/S, any emissions data or climate commitments would be inherited from the parent company, but specific details on cascading emissions or targets have not been provided. Overall, Penneo's climate commitments remain vague, indicating a need for further transparency and action in addressing its carbon emissions.
How Carbon Intensive is Penneo's Industry?
How Carbon Intensive is Penneo's Location?
Penneo'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.
Penneo 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.
