Temenos
Temenos AG, a leading provider of banking software, is headquartered in Geneva, Switzerland (CH). Founded in 1993, the company has established itself as a key player in the financial services industry, offering innovative solutions that cater to banks and financial institutions worldwide. With a strong presence in Europe, North America, and Asia, Temenos focuses on core banking, digital banking, and wealth management systems. Temenos is renowned for its flagship product, Temenos Transact, which stands out for its flexibility and scalability, enabling banks to enhance customer experiences and streamline operations. The company has achieved significant milestones, including numerous awards for its technology and a robust market position, serving over 3,000 clients globally. With a commitment to driving digital transformation in banking, Temenos continues to shape the future of financial services.
DitchCarbon Score
How does Temenos'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
Temenos's score of 93 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Temenos's reported carbon emissions
In 2024, Temenos reported total carbon emissions of approximately 18,394,000 kg CO2e, with Scope 1 emissions at about 502,100 kg CO2e, Scope 2 emissions at around 3,974,000 kg CO2e, and significant Scope 3 emissions totalling approximately 17,873,000 kg CO2e. This represents a notable decrease from 2023, where total emissions were about 61,931,000 kg CO2e, with Scope 1 at 517,000 kg CO2e, Scope 2 at 4,273,000 kg CO2e, and Scope 3 at approximately 61,399,000 kg CO2e. Temenos has set ambitious climate commitments, aiming for net-zero emissions by 2050, using 2019 as the baseline year. They have also committed to a 50% reduction in absolute Scope 1, 2, and 3 greenhouse gas emissions by 2030, compared to the 2019 baseline. This target aligns with the Science Based Targets initiative (SBTi) methodology, ensuring that their reduction efforts are consistent with the global goal of limiting temperature rise to 1.5°C. The company is actively working towards these goals by enhancing energy efficiency and increasing the use of renewable energy across its operations. Temenos's commitment to sustainability reflects its dedication to reducing its environmental impact while continuing to grow as a leading software and services provider in Switzerland and globally.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 607,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 4,985,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 29,063,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Temenos is participating in some 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.
