Trintech Group Plc Sustainability Profile
Trintech Group Plc, a leading provider of financial software solutions, is headquartered in Ireland (IE) and operates extensively across North America and Europe. Founded in 1987, Trintech has established itself within the financial technology industry, specialising in streamlining financial close processes and enhancing financial reporting accuracy. The company’s core offerings include its renowned Cadency and Adra platforms, which uniquely integrate automation and analytics to optimise financial operations. Trintech's commitment to innovation has positioned it as a trusted partner for organisations seeking to improve efficiency and compliance in their financial practices. With a strong market presence and a reputation for excellence, Trintech continues to achieve significant milestones, solidifying its status as a key player in the financial software landscape.
DitchCarbon Score
How does Trintech Group Plc'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
Trintech Group Plc's score of 26 is lower 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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Trintech Group Plc's reported carbon emissions
In 2023, Trintech Group Plc reported total carbon emissions of approximately 1,613,370 kg CO2e. This total comprises Scope 1 emissions of about 710,830 kg CO2e, primarily from mobile combustion, and Scope 2 emissions of approximately 305,880 kg CO2e, attributed to purchased electricity and heat. Additionally, Scope 3 emissions totalled around 596,660 kg CO2e, with significant contributions from employee commuting (about 199,030 kg CO2e) and fuel and energy-related activities (approximately 211,290 kg CO2e). Currently, Trintech Group Plc does not have publicly disclosed reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The company is classified as a current subsidiary, and its emissions data is cascaded from its parent organization, Trintech Group Plc. As the company continues to assess its climate impact, it remains essential for Trintech to establish clear reduction commitments to align with industry standards and contribute to global climate goals.
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Trintech Group Plc's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 37% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 35% of Scope 3 emissions.
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Trintech Group Plc'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.
Trintech Group Plc 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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