Avaloq

Sustainability Report and Carbon Intensity Rankings

Is Avaloq doing their part?

Their DitchCarbon score is 54

Avaloq has a DitchCarbon Score of 54, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of the greenhouse gases emitted relative to its activity. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Avaloq is part of the computer services industry, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Avaloq is situated in Switzerland, a country with a very low carbon intensity rating, indicating a cleaner energy mix and lower emissions. This favorable environmental context supports Avaloq’s sustainability efforts by reducing the carbon footprint associated with their operations.
1.11%

...this company is doing 1.11% worse in emissions than the industry average.

Founded in 1991 and headquartered in Zurich, Avaloq is a leading fintech company in the computer services industry. The company specializes in core and digital banking software, offering the Avaloq Banking Suite and integrated Business Process Outsourcing (BPO) services. Avaloq operates internationally with a network of R&D and BPO centers, serving over 155 banks and wealth managers worldwide.

Good news, Avaloq has made solid SBTi commitments

Avaloq has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop a detailed plan to significantly cut its carbon footprint across all scopes of emissions, aligning with the goal to limit global warming.

There’s always room for improvement,

DitchCarbon recommends...

Avaloq should consider implementing green procurement policies to source low-carbon energy and services, which could potentially reduce their emissions by 30%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.