Sapiens International Corporation, commonly referred to as Sapiens, is a leading provider of software solutions for the insurance and financial services industries. Headquartered in Illinois, the company has established a significant presence across North America, Europe, and Asia. Founded in 1982, Sapiens has achieved numerous milestones, including the development of innovative platforms that streamline operations for insurers and financial institutions.
Specialising in core insurance software, digital solutions, and data analytics, Sapiens distinguishes itself through its commitment to enhancing customer experience and operational efficiency. The company’s robust product suite, including policy administration and claims management systems, positions it as a key player in the computer and related services sector. With a strong market presence and a reputation for excellence, Sapiens continues to drive transformation within the industry.
-9 vs industry average
Sapiens’s score of 31 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Computer Services is among the least carbon-intensive industries
Industry performance
The Computer Services industry has reduced its overall emissions by 19% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sapiens's reported carbon emissions
Sapiens, an IT services company headquartered in Israel, reported a total of approximately 3.08 million kg CO2e in Scope 1 and 2 emissions for 2023. This comprises approximately 375,000 kg CO2e from Scope 1 emissions and approximately 2.70 million kg CO2e from Scope 2 emissions (location-based). In 2022, Sapiens's Scope 1 and 2 emissions totalled approximately 2.61 million kg CO2e, with Scope 1 at about 442,000 kg CO2e and Scope 2 (location-based) at approximately 2.17 million kg CO2e. For 2021, the company's Scope 1 and 2 emissions were approximately 1.69 million kg CO2e, including around 433,000 kg CO2e for Scope 1 and approximately 1.26 million kg CO2e for Scope 2 (location-based). Sapiens has set a target to achieve net zero emissions by 2030, covering both Scope 1 and Scope 2 emissions. The company's reporting for these years does not include Scope 3 emissions data, with missing data points identified for purchased goods and services, business travel, and employee commute.
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Sapiens’s Climate Goals (2030 & 2050)
2 goals2030
We aim to achieve net zero emissions by 2030
We aim to achieve net zero emissions by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Sapiens
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