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Public Profile
Financial Intermediation
AU
updated 2 months ago

Solvar Limited Sustainability Profile

Company website

Solvar Limited, headquartered in Australia, is a leading player in the technology solutions industry, specialising in innovative software development and IT services. Founded in 2000, the company has established a strong presence across major operational regions, including Asia-Pacific and Europe, delivering tailored solutions that meet diverse client needs. With a focus on custom software applications and cloud-based services, Solvar Limited stands out for its commitment to quality and customer satisfaction. The company has achieved significant milestones, including numerous industry awards that underscore its market position as a trusted provider. By leveraging cutting-edge technology and a skilled workforce, Solvar Limited continues to drive digital transformation for businesses, ensuring they remain competitive in an ever-evolving landscape.

DitchCarbon Score

How does Solvar Limited'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.

16

Industry Average

Mean score of companies in the Financial Intermediation 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.

32

Industry Benchmark

Solvar Limited's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

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Solvar Limited's reported carbon emissions

Solvar Limited, headquartered in Australia, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the company has not established any documented reduction targets or climate pledges. As of now, Solvar Limited does not inherit emissions data from a parent company, nor does it participate in any recognised climate initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). This lack of data and commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the industry, it is increasingly important for companies to set measurable climate goals and report emissions transparently to align with global sustainability efforts.

How Carbon Intensive is Solvar Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Solvar Limited's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Solvar Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Solvar Limited is in AU, which has a very high grid carbon intensity relative to other regions.

Solvar Limited'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.

Solvar Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Solvar Limited's Emissions with Industry Peers

Atlassian

AU
•
Computer and related services (72)
Updated 11 days ago

Sage

GB
•
Computer and related services (72)
Updated 9 days ago

Australian Finance Group Limited

AU
•
Services auxiliary to financial intermediation (67)
Updated about 14 hours ago

Adobe

US
•
Computer and related services (72)
Updated 6 days ago

Helia

AU
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 18 days ago

Bendigo And Adelaide Bank

AU
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 17 hours ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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