Sapiens Sustainability Profile
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.
DitchCarbon Score
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.
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
Sapiens's score of 30 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sapiens's reported carbon emissions
In 2023, Sapiens International Corporation N.V. reported total carbon emissions of approximately 2,916,000 kg CO2e, comprising 375,000 kg CO2e from Scope 1 and 2,541,000 kg CO2e from Scope 2 (market-based). This marks a reduction from 2022, where emissions were about 2,610,000 kg CO2e, with Scope 1 emissions at 442,000 kg CO2e and Scope 2 emissions at approximately 2,168,000 kg CO2e (market-based). The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Sapiens has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) at this time. Overall, Sapiens's emissions data reflects a commitment to transparency, although further action may be needed to establish formal reduction targets and enhance its climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 433,000 | 000,000 | 000,000 |
| Scope 2 | 1,219,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Sapiens's Industry?
How Carbon Intensive is Sapiens's Location?
Sapiens'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.
Sapiens 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.
