Simulations Plus, Inc. Sustainability Profile
Simulations Plus, Inc., a leading provider of simulation and modelling software, is headquartered in the United States, with significant operations in key global markets. Founded in 1996, the company has established itself within the pharmaceutical and biotechnology industries, focusing on drug discovery and development processes. The firm’s core offerings include advanced software solutions for pharmacokinetics, pharmacodynamics, and drug formulation, which are distinguished by their robust predictive capabilities and user-friendly interfaces. Simulations Plus is recognised for its innovative approach, particularly in the integration of artificial intelligence and machine learning into its products. With a strong market position, the company has achieved notable milestones, including numerous partnerships with major pharmaceutical firms and a growing portfolio of clients worldwide. Simulations Plus continues to lead the way in enhancing drug development efficiency and accuracy through its cutting-edge technologies.
DitchCarbon Score
How does Simulations Plus, 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 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
Simulations Plus, Inc.'s score of 33 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Simulations Plus, Inc.'s reported carbon emissions
In 2023, Simulations Plus, Inc. reported total carbon emissions of approximately 470,600 kg CO2e, with emissions equally split between Scope 1 and Scope 2, each contributing 470,600 kg CO2e. This data reflects a significant reduction from 2016, when the company reported emissions of about 2,550,200,000 kg CO2e for Scope 1, 374,000,000 kg CO2e for Scope 2, and 79,053,000,000 kg CO2e for Scope 3, indicating a shift towards more sustainable practices. The company has set ambitious long-term reduction targets, aiming to decrease its Scope 1 and Scope 2 emissions by 450,000 tonnes (or 450,000,000 kg CO2e) by 2030. This target is equivalent to removing over 95,000 cars from the road annually, representing a 7% reduction from their 2016 baseline. Additionally, Simulations Plus is committed to achieving a net positive impact on biodiversity by 2030, further enhancing its climate commitments. Simulations Plus, Inc. does not currently report Scope 3 emissions, which are often significant in the context of overall corporate carbon footprints. The company’s emissions data is not cascaded from any parent organisation, indicating that it operates independently in its climate reporting and commitments.
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| 2016 | 2023 | |
|---|---|---|
| Scope 1 | 2,552,000,000 | 000,000 |
| Scope 2 | 374,000,000 | 000,000 |
| Scope 3 | 79,053,000,000 | - |
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Simulations Plus, Inc.'s Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
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Simulations Plus, 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.
Simulations Plus, 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.
