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 88 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Temenos's reported carbon emissions
In 2023, Temenos, headquartered in Switzerland (CH), reported total carbon emissions of approximately 61,931,000 kg CO2e. This figure includes 517,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 4,273,000 kg CO2e from Scope 2 emissions, related to purchased electricity. The majority of their emissions, about 61,399,000 kg CO2e, fall under Scope 3, which includes indirect emissions from the value chain. Temenos has set ambitious climate commitments, aiming for a 50% reduction in absolute greenhouse gas emissions across all scopes by 2030, using 2019 as the baseline year. This target aligns with the Science Based Targets initiative (SBTi) and is consistent with the reductions necessary to limit global warming to 1.5°C. Additionally, the company has committed to achieving net-zero greenhouse gas emissions by 2050. Overall, Temenos is actively working towards significant emissions reductions while enhancing its sustainability practices in the software and services sector.
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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 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.
