Vertexone
VertexOne, headquartered in the United States, is a leading provider of cloud-based software solutions tailored for the utility and energy sectors. Founded in 2010, the company has established itself as a key player in the industry, focusing on customer engagement, billing, and data analytics. With a strong presence across North America, VertexOne has achieved significant milestones, including the development of innovative platforms that enhance operational efficiency and customer satisfaction. The company's core offerings, such as its advanced billing and customer information systems, are distinguished by their flexibility and scalability, catering to the unique needs of utilities. VertexOne's commitment to leveraging cutting-edge technology has positioned it as a trusted partner for numerous organisations, solidifying its reputation in the market.
DitchCarbon Score
How does Vertexone'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
Vertexone's score of 23 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vertexone's reported carbon emissions
In 2021, Vertexone reported total carbon emissions of approximately 1,400,000,000 kg CO2e, with 53,660,000 kg CO2e attributed to Scope 1 and 2 emissions, and a significant 1,342,900,000 kg CO2e from Scope 3 emissions. This data reflects a global perspective, as no specific regional breakdown was provided for the overall emissions. In Canada, the same year saw emissions of about 1,200,000,000 kg CO2e for Scope 1 and 2, alongside 50,052,100,000 kg CO2e for Scope 3. This indicates a substantial reliance on indirect emissions, which are often more challenging to manage. Comparatively, in 2020, Vertexone's global emissions were approximately 66,105,780,000 kg CO2e for Scope 3 and 1,100,000,000 kg CO2e for Scope 1 and 2. The Canadian data for 2020 showed no reported emissions, suggesting a potential data gap or a significant reduction in operations. Despite these figures, Vertexone has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not appear to inherit emissions data from a parent organisation, maintaining its own reporting standards. Overall, Vertexone's emissions profile highlights a critical area for improvement, particularly in managing Scope 3 emissions, which constitute the majority of their carbon footprint.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | - | - | - |
| Scope 3 | 5,228,430,000 | 00,000,000,000 | 0,000,000,000 |
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.
Vertexone 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.
