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.
-8 vs industry average
Sapiens’s score of 33 is lower than 47% 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 11% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sapiens's reported carbon emissions
Sapiens, headquartered in IL and operating in computer and related services, has reported significant carbon emissions in its latest disclosures. For 2023, the company reported Scope 1 emissions of approximately 375,000 kg CO2e and Scope 2 emissions (market-based) of approximately 2,316,000 kg CO2e. In 2022, Scope 1 emissions were around 442,000 kg CO2e, with Scope 2 emissions (market-based) at approximately 1,799,000 kg CO2e. In 2021, Sapiens recorded Scope 1 emissions of about 433,000 kg CO2e and Scope 2 emissions (market-based) of approximately 1,219,000 kg CO2e.
The company has not yet disclosed Scope 3 emissions data, with missing data points including purchased goods and services, business travel, and employee commute.
Sapiens has set ambitious climate commitments, aiming to achieve net-zero emissions by 2030. This target covers both Scope 1 and Scope 2 emissions and is positioned as a near-term objective.
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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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