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.

3

Industry Benchmark

Penneo's score of 20 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

8%

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Penneo's reported carbon emissions

In 2023, Penneo reported approximately 90.72 kg CO2e in Scope 2 emissions, which are indirect emissions associated with their energy consumption. This figure represents a reduction from 2022, where the company recorded about 181.44 kg CO2e in Scope 2 emissions. Despite the absence of data on Scope 1 and Scope 3 emissions, Penneo's commitment to reducing its carbon footprint is evident through its ongoing efforts to monitor and manage its indirect emissions. Currently, Penneo has not established specific reduction targets or climate pledges, indicating a potential area for future development in their sustainability strategy. As a company headquartered in Denmark (DK), Penneo is positioned within an industry increasingly focused on climate commitments and carbon neutrality. The reduction in emissions from 2022 to 2023 highlights a positive trend, although further transparency and targets would enhance their climate commitment profile.

Industry emissions intensity

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Low
Medium
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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
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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 Penneo is in DK, which has a low grid carbon intensity relative to other regions.

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 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.

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

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