Thinkstep Sustainability Profile
Thinkstep, officially known as Thinkstep AG, is a leading provider of sustainability software and consulting services, headquartered in Germany. Founded in 2001, the company has established a strong presence in Europe and North America, focusing on helping businesses integrate sustainability into their operations. Specialising in life cycle assessment (LCA), carbon footprinting, and sustainability reporting, Thinkstep offers unique solutions that empower organisations to make informed decisions. Their flagship product, the GaBi software suite, is renowned for its comprehensive databases and user-friendly interface, setting a benchmark in the industry. With a commitment to innovation and sustainability, Thinkstep has garnered recognition for its contributions to environmental management, positioning itself as a trusted partner for companies aiming to enhance their sustainability performance.
DitchCarbon Score
How does Thinkstep'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
Thinkstep's score of 30 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Thinkstep's reported carbon emissions
In 2018, Thinkstep reported total carbon emissions of approximately 372,000 kg CO2e, comprising 307,000 kg CO2e from Scope 1, 38,000 kg CO2e from Scope 2, and 27,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions were significantly influenced by business travel, which accounted for about 299,050 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. However, it is important to note that Thinkstep operates as a current subsidiary of Thinkstep AG, with emissions data cascaded from this parent organization. The data reflects a commitment to transparency in emissions reporting, although no specific climate pledges or initiatives have been outlined. Overall, Thinkstep's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in the context of business travel, while the lack of formal reduction targets suggests an area for potential improvement in their climate strategy.
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| 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Scope 1 | 534,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 103,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 48,000 | 00,000 | 00,000 | 00,000 | 00,000 |
How Carbon Intensive is Thinkstep's Industry?
How Carbon Intensive is Thinkstep's Location?
Thinkstep's Scope 3 Categories Breakdown
Thinkstep's Scope 3 emissions, which increased by 13% last year and decreased by approximately 44% since 2014, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 7% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 1108% of Scope 3 emissions.
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Thinkstep'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.
Thinkstep has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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