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 65 is higher than 99% 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 AG reported total carbon emissions of approximately 61,931,000 kg CO2e, a significant reduction from 86,832,000 kg CO2e in 2022. The emissions breakdown for 2023 includes 516,000 kg CO2e from Scope 1, 15,800 kg CO2e from Scope 2, and a substantial 61,399,000 kg CO2e from Scope 3 emissions. Notably, the company has set ambitious targets to reduce its absolute greenhouse gas emissions by 50% across all scopes by 2030, using 2019 as the baseline year. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects Temenos's dedication to achieving net zero greenhouse gas emissions by 2050. The company is headquartered in Switzerland (CH) and operates within the software and services sector, actively working towards sustainable practices and climate responsibility.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 607,000 | 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 | 00,000 |
| Scope 3 | 29,063,000 | 00,000,000 | 0,000,000 | 0,000,000 | 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.
