SpendHQ, headquartered in the United States, is a leading provider of spend analysis solutions, specialising in transforming procurement data into actionable insights. Founded in 2015, the company has rapidly established itself in the procurement technology industry, serving clients across various sectors, including finance, healthcare, and manufacturing. With its innovative platform, SpendHQ offers unique services that enable organisations to optimise their spending, enhance supplier relationships, and drive cost savings. The company's commitment to data-driven decision-making has positioned it as a trusted partner for businesses seeking to improve their procurement processes. Notable achievements include a growing client base and recognition for its user-friendly interface and robust analytics capabilities. SpendHQ continues to set the standard in spend management, empowering organisations to make informed financial decisions.
How does SpendHQ'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.
Mean score of companies in the Business 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.
SpendHQ's score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SpendHQ, based in the US, currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The organisation is a current subsidiary of SpendHQ, LLC., and as such, it may inherit climate commitments and emissions data from its parent company. However, no specific reduction targets or climate pledges have been documented for SpendHQ at this time. In the context of corporate climate initiatives, SpendHQ's lack of reported emissions data suggests a potential opportunity for the company to establish clear sustainability goals and transparency in its environmental impact. As the industry increasingly prioritises carbon reduction and climate accountability, it is essential for SpendHQ to consider setting Science-Based Targets (SBTi) and participating in initiatives that align with global climate commitments. Overall, while SpendHQ currently lacks specific emissions data and reduction initiatives, the company is positioned to enhance its climate strategy in alignment with industry standards and expectations.
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.
SpendHQ is not participating in any 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.