Sapiens International Corporation, commonly referred to as Sapiens, is a leading provider of software solutions for the insurance and financial services industries. Headquartered in Israel, the company operates extensively across North America, Europe, and Asia-Pacific, delivering innovative technology to enhance operational efficiency. Founded in 1982, Sapiens has achieved significant milestones, including the development of a comprehensive suite of core insurance software products. Sapiens' unique offerings include policy administration, claims management, and digital solutions, all designed to streamline processes and improve customer engagement. With a strong market position, Sapiens has garnered recognition for its commitment to innovation and customer satisfaction, making it a trusted partner for organisations seeking to navigate the complexities of the insurance landscape.
How does Sapiens'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.
Sapiens's score of 30 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sapiens reported total carbon emissions of approximately 2,704,000 kg CO2e, comprising 375,000 kg CO2e from Scope 1 and about 2,316,000 kg CO2e from Scope 2 emissions. This represents a notable increase in emissions compared to 2022, where total emissions were approximately 2,167,000 kg CO2e, with 442,000 kg CO2e from Scope 1 and about 1,799,000 kg CO2e from Scope 2. In 2021, Sapiens recorded total emissions of about 1,693,000 kg CO2e, with 433,000 kg CO2e from Scope 1 and approximately 1,219,000 kg CO2e from Scope 2. The data indicates a trend of increasing emissions over the past three years, despite the company's revenue growth from approximately 461 million USD in 2021 to about 514 million USD in 2023. Sapiens has not disclosed any specific reduction targets or initiatives as part of their climate commitments, nor have they reported on Scope 3 emissions. The absence of defined reduction strategies suggests a need for enhanced climate action within the organisation.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 433,000 | 000,000 | 000,000 |
Scope 2 | 1,219,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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.
Sapiens 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.