Thought Machine Sustainability Profile
Thought Machine, a pioneering fintech company headquartered in Great Britain, is revolutionising the banking industry with its innovative cloud-native core banking technology. Founded in 2014, the company has rapidly established itself as a leader in the sector, serving major operational regions across Europe, North America, and Asia-Pacific. The firm’s flagship product, Vault, offers banks a unique, flexible platform that enables them to build and launch modern financial products with unprecedented speed and agility. This capability positions Thought Machine at the forefront of digital transformation in banking, allowing institutions to meet evolving customer demands effectively. With notable achievements, including partnerships with leading banks and recognition for its cutting-edge technology, Thought Machine continues to shape the future of banking, driving efficiency and innovation in a traditionally rigid industry.
DitchCarbon Score
How does Thought Machine'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 Financial Intermediation 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
Thought Machine's score of 26 is lower than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Thought Machine's reported carbon emissions
Thought Machine, headquartered in Great Britain, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Thought Machine may still be in the early stages of establishing its climate commitments or reporting frameworks. As the company continues to develop its sustainability strategy, it may consider aligning with industry standards and frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) to enhance transparency and accountability in its climate efforts. Without specific emissions data or reduction initiatives, it remains unclear how Thought Machine plans to address its carbon footprint or contribute to broader climate goals.
How Carbon Intensive is Thought Machine's Industry?
How Carbon Intensive is Thought Machine's Location?
Thought Machine'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.
Thought Machine has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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