Temenos
Temenos AG, a leading provider of banking software, is headquartered in Geneva, Switzerland (CH). Founded in 1993, the company has established itself as a key player in the financial services industry, offering innovative solutions that cater to banks and financial institutions worldwide. With a strong presence in Europe, North America, and Asia, Temenos focuses on core banking, digital banking, and wealth management systems. Temenos is renowned for its flagship product, Temenos Transact, which stands out for its flexibility and scalability, enabling banks to enhance customer experiences and streamline operations. The company has achieved significant milestones, including numerous awards for its technology and a robust market position, serving over 3,000 clients globally. With a commitment to driving digital transformation in banking, Temenos continues to shape the future of financial services.
DitchCarbon Score
How does Temenos'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
Temenos's score of 93 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Temenos's reported carbon emissions
In 2024, Temenos AG reported total carbon emissions of approximately 18,394,000 kg CO2e, a significant decrease from 61,931,000 kg CO2e in 2023. The emissions breakdown for 2024 includes Scope 1 emissions of about 502,100 kg CO2e, Scope 2 emissions of approximately 3,974,000 kg CO2e, and Scope 3 emissions of around 17,873,000 kg CO2e. Notably, the company has set ambitious targets to achieve net-zero emissions by 2050, using 2019 as the baseline year. Temenos is committed to reducing its absolute Scope 1, 2, and 3 greenhouse gas emissions by 50% by 2030, also based on the 2019 levels. This commitment aligns with the Science Based Targets initiative (SBTi) methodology, ensuring that their reduction efforts are consistent with the global goal of limiting temperature rise to 1.5°C. The company has made substantial progress in its emissions reduction initiatives, with a target of 46.2% reduction in Scope 1 and 2 emissions by 2030. Temenos's climate strategy reflects a comprehensive approach to sustainability, focusing on energy efficiency and the increased use of renewable energy across its operations. Overall, Temenos AG's climate commitments and reduction targets demonstrate a proactive stance towards mitigating climate change and reducing its carbon footprint, contributing to a more sustainable future.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 607,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 4,985,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 29,063,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Temenos 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.
