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 8 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Solera Holdings's reported carbon emissions
Solera Holdings, headquartered in the United States, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas (GHG) emissions. Although specific emissions data for the most recent year is not available, the company has established clear reduction targets under the Science Based Targets initiative (SBTi). Solera Holdings is committed to reducing its absolute Scope 1 and Scope 2 GHG emissions by 84% by FY2030, using FY2020 as the base year. Additionally, the company aims to increase its sourcing of renewable electricity from approximately 36.1% in FY2020 to 100% by FY2026 and maintain this level through FY2030. Furthermore, Solera has set a target to reduce its absolute Scope 3 GHG emissions from the use of sold products by 37% by FY2030, also from a FY2020 base year. This includes a further commitment to reduce remaining Scope 3 emissions by the same percentage within the same timeframe. These initiatives reflect Solera Holdings' dedication to addressing climate change and aligning with global efforts to limit warming to 1.5°C. The company's proactive approach underscores its role in the software and services sector, where sustainability is increasingly becoming a critical focus.
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 committed to some reduction initiatives 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.
