Temenos AG

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022

In its 2023 reporting, Temenos AG disclosed greenhouse gas emissions of 61.9K tCO2e/year. By scope: Scope 1: 516.0 tCO2e/year; Scope 2: 15.8 tCO2e/year; Scope 3: 61.4K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
61.9K tCO2e/year
2023
⚡
Renewable Energy
86%
of total energy
💧
Water Usage
1.1K m3/year
2023
♻️
Waste
166.04 tons/year
2023
⚙️
Energy Use
8.2K MWh/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).516.0 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.15.8 tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).61.4K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202361.9K tCO2e/year
202286.8K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • >97% Completion rate of Ethical Business Code of Conduct and mandatory compliance trainings by 2025
  • 50% Reduction of absolute Scope 1, 2 and 3 GHG emissions by 2030 vs 2019 baseline year
  • 36% Gender diversity in global workforce by 2025

📅 Medium-term

  • 40% Gender diversity in global workforce by 2030
  • 50% Reduction of absolute Scope 1, 2 and 3 GHG emissions by 2030 vs 2019 baseline year
  • 100% use of renewable electricity by 2030

🔭 Long-term

  • Net-zero GHG emissions by 2050

🌱 ESG Focus Areas

Achieving Business ExcellenceOperating ResponsiblyCaring for the PlanetInvesting in Our PeopleEmpowering Our Local Economies and Communities

⚠️ Challenges & Risks +

  • Meeting the substantial contribution criteria for EU Taxonomy alignment (implementation of expected practices of the European Code of Conduct for data centers, verification by an independent third party, and not exceeding the threshold of 675 global warming potential with refrigerants)
  • Meeting the “Do No Significant Harm” (DNSH) criteria for EU Taxonomy alignment (climate change adaptation, sustainable use and protection of water and marine resources, transition to a circular economy)
  • Reducing Scope 3 emissions (purchased goods and services, capital goods, etc.)

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB Software and IT Services Sustainability Accounting Standard, TCFD, UNGC
Assurance: Grant Thornton S.A.