Risk Management Solutions, Inc. Sustainability Profile
Risk Management Solutions, Inc. (RMS) is a leading provider of risk management software and services, headquartered in the United States. Founded in 1989, RMS has established itself as a pivotal player in the catastrophe risk modelling industry, serving clients across various sectors, including insurance, reinsurance, and investment. With a focus on advanced analytics and data-driven insights, RMS offers unique solutions that empower organisations to understand and mitigate risks associated with natural disasters and other catastrophic events. The company has achieved significant milestones, including the development of innovative modelling platforms that enhance risk assessment capabilities. Recognised for its market leadership, RMS continues to set industry standards, helping clients navigate complex risk landscapes with confidence and precision.
DitchCarbon Score
How does Risk Management Solutions, 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.
Industry Average
Mean score of companies in the Research 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
Risk Management Solutions, Inc.'s score of 81 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Risk Management Solutions, Inc., headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Moody's Corporation, which may influence its climate commitments and reporting practices. While there are no documented reduction targets or specific climate pledges from Risk Management Solutions, Inc., it is important to note that any potential climate initiatives or targets would likely be aligned with those set by its parent company, Moody's Corporation. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are cascaded from Moody's Corporation. As a subsidiary, Risk Management Solutions, Inc. may benefit from the broader sustainability strategies and climate action plans implemented by Moody's Corporation, which are designed to address emissions across various scopes. However, without specific data or targets from Risk Management Solutions, Inc., a detailed assessment of its individual climate commitments remains unavailable.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 171,000 | 000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 18,600,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 6,500,000 | 0,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Risk Management Solutions, Inc.'s Industry?
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Risk Management Solutions, Inc.'s Scope 3 Categories Breakdown
Risk Management Solutions, Inc.'s Scope 3 emissions, which decreased by 3% last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 70% of Scope 3 emissions.
Top Scope 3 Categories
Risk Management Solutions, 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.
Risk Management Solutions, 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.
