Solera Holdings
Solera Holdings, Inc., headquartered in the United States, is a leading provider of data and software solutions for the automotive and insurance industries. Founded in 2005, Solera has established a strong presence across North America, Europe, and Asia, delivering innovative services that enhance operational efficiency and risk management. The company specialises in a range of core products, including claims management, vehicle history reports, and data analytics, which are designed to streamline processes and improve decision-making for its clients. Solera's unique approach combines advanced technology with deep industry expertise, positioning it as a trusted partner for businesses seeking to optimise their operations. With a commitment to continuous innovation, Solera has achieved significant milestones, solidifying its market position as a frontrunner in the automotive and insurance sectors.
DitchCarbon Score
How does Solera Holdings'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
Solera Holdings's score of 28 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Solera Holdings's reported carbon emissions
As of the latest available data, Solera Holdings has not reported any specific carbon emissions figures. However, the company has set ambitious climate commitments through the Science Based Targets initiative (SBTi). Solera Holdings aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 84% by FY2030, using FY2020 as the baseline year. Additionally, the company plans to increase its active annual sourcing of renewable electricity from approximately 36.1% in FY2020 to 100% by FY2026 and maintain this level through FY2030. In terms of Scope 3 emissions, which include emissions from the use of sold products, Solera Holdings commits to a 37% reduction by FY2030 from the same FY2020 baseline. This commitment also extends to reducing remaining absolute Scope 3 GHG emissions by 37% within the same timeframe. These targets are aligned with the necessary reductions to limit global warming to 1.5°C, demonstrating Solera Holdings's commitment to sustainability and climate action. The company is headquartered in the United States and operates within the software and services sector.
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.
Solera Holdings 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.
