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 82% 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
Solera Holdings, headquartered in the United States, has set ambitious climate commitments aimed at significantly reducing its greenhouse gas emissions. Although specific emissions data for the most recent year is not available, the company has established clear targets for the future. Solera is committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas emissions by 84% by FY2030, using FY2020 as the baseline 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. In terms of Scope 3 emissions, which include indirect emissions from the use of sold products, Solera has pledged to reduce these by 37% by FY2030, also from a FY2020 baseline. This commitment reflects a comprehensive approach to tackling emissions across its operations and product lifecycle. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit warming to 1.5°C. Solera Holdings is actively working towards these goals, demonstrating its commitment to sustainability and climate action.
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.
