Vertex
Vertex, officially known as Vertex Inc., is a leading provider of tax technology solutions headquartered in California. Founded in 1978, the company has established itself as a key player in the tax compliance and automation industry, serving clients across North America and beyond. Vertex offers a comprehensive suite of products, including its flagship Vertex Indirect Tax solutions, which streamline tax calculations and compliance processes for businesses of all sizes. What sets Vertex apart is its commitment to innovation, leveraging advanced technology to ensure accuracy and efficiency in tax management. With a strong market position, Vertex has achieved notable milestones, including partnerships with major ERP providers and recognition for its exceptional customer service. As businesses navigate the complexities of tax regulations, Vertex remains a trusted partner in delivering reliable and effective tax solutions.
DitchCarbon Score
How does Vertex'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 Other 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
Vertex's score of 27 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vertex's reported carbon emissions
In 2023, Vertex reported carbon emissions of approximately 2,297 kg CO2e, exclusively from Scope 2 emissions. This marks a continuation of their commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. In 2022, Vertex's total emissions were significantly higher, with Scope 1 emissions at about 36,780,000 kg CO2e and Scope 2 emissions at approximately 3,378,000 kg CO2e, resulting in a combined total of around 40,158,000 kg CO2e. This indicates a substantial reliance on both direct and indirect emissions sources. The company has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, suggesting a need for further commitment in this area. Vertex's headquarters is located in California, where the regulatory environment increasingly emphasises sustainability and carbon reduction. Overall, while Vertex has made strides in tracking and reporting emissions, the absence of defined reduction targets highlights an opportunity for enhanced climate action moving forward.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 34,618,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 3,326,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Vertex is not participating in any of the initiatives that 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.
