Simcorp
SimCorp, officially known as SimCorp A/S, is a leading provider of investment management software solutions, headquartered in Denmark (DK). Founded in 1971, the company has established a strong presence in major operational regions, including Europe, North America, and Asia-Pacific. Specialising in the financial services industry, SimCorp offers a comprehensive suite of products, including SimCorp Dimension, which is renowned for its integrated approach to investment management, covering everything from portfolio management to risk and compliance. This unique capability positions SimCorp as a trusted partner for asset managers, banks, and insurance companies. With a commitment to innovation and client success, SimCorp has achieved significant milestones, including numerous industry awards and recognitions, solidifying its market position as a frontrunner in the investment management software sector.
DitchCarbon Score
How does Simcorp'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
Simcorp's score of 55 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Simcorp's reported carbon emissions
In 2022, Simcorp reported total carbon emissions of approximately 4,668,300 kg CO2e. This figure includes Scope 1 emissions of about 469,200 kg CO2e, Scope 2 emissions of approximately 860,300 kg CO2e (market-based), and significant Scope 3 emissions totalling around 3,338,800 kg CO2e, with business travel contributing about 2,875,400 kg CO2e. Comparatively, in 2021, Simcorp's total emissions were approximately 2,392,300 kg CO2e, indicating a substantial increase in emissions year-on-year. The breakdown for 2021 included Scope 1 emissions of about 398,400 kg CO2e, Scope 2 emissions of approximately 964,100 kg CO2e (market-based), and Scope 3 emissions of around 1,029,800 kg CO2e. Simcorp has committed to long-term climate initiatives, including aligning with the Science-Based Targets Initiative (SBTi). They aim for net-zero emissions across all scopes by 2045, with interim targets set for 2030. This commitment reflects a proactive approach to reducing their carbon footprint and addressing climate change.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 | 000,000 |
| Scope 2 | - | - | - | 000,000 | 000,000 |
| Scope 3 | 5,179,400 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Simcorp is participating in some 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.
