Q2 Holdings, Inc., commonly referred to as Q2, is a leading provider of digital banking solutions headquartered in the United States. Founded in 2004, the company has established a strong presence in the financial technology sector, focusing on delivering innovative services to banks and credit unions across North America. Q2's core offerings include a comprehensive digital banking platform that enhances customer engagement and streamlines operations for financial institutions. What sets Q2 apart is its commitment to providing a seamless user experience, enabling clients to offer personalised banking services that meet the evolving needs of their customers. With a robust market position, Q2 has achieved significant milestones, including numerous industry awards and recognitions for its technology and customer service excellence. As a trusted partner in the digital transformation of banking, Q2 continues to shape the future of financial services.
How does Q2 Holdings'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 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.
Q2 Holdings's score of 30 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Q2 Holdings reported total emissions of approximately 2,247,500 kg CO2e from Scope 1 and 2 combined, with no specific breakdown available for Scope 1 emissions. The company also disclosed significant Scope 3 emissions, totalling about 18,231,000 kg CO2e from purchased goods and services, 15,296,000 kg CO2e from capital goods, and 1,558,000 kg CO2e from fuel and energy-related activities, along with 1,377,000 kg CO2e from upstream transportation and distribution. In 2021, Q2 Holdings reported Scope 2 emissions of approximately 1,650,000 kg CO2e. The company has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. All emissions data is sourced directly from Q2 Holdings, with no cascaded data from parent or related organisations. As Q2 Holdings continues to operate in a climate-conscious environment, the absence of formal reduction targets may impact its long-term sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 1,650,000 | - |
| Scope 3 | - | 00,000,000 |
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 50% of Scope 3 emissions.
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.
Q2 Holdings 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.
