Alfa Financial Software Holdings PLC

Common Name
Alfa Financial Software
Country
United Kingdom
Sector
Technology
Industry
Software - Application
Employees
512
Ticker
ALFA
Exchange
LONDON STOCK EXCHANGE
Description
Alfa Financial Software Holdings plc specializes in providing high-quality software solutions for the global asset finance industry. The company's flagship product, Alfa Systems, offers comprehensive ...

Alfa Financial Software's GHG Emissions Data Preview

In 2024, Alfa Financial Software completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Alfa Financial Software has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Alfa Financial Software’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Alfa Financial Software’s data sources below and access millions more through our Disclosure Search.

a. Alfa Financial Software's Annual Report 2024
a. Alfa Financial Software's Annual Report 2024

Insights into Alfa Financial Software's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Alfa Financial Software amounted to 70 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Alfa Financial Software decreased by 6.67%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Alfa Financial Software's Scope 1 Emissions Over Time

2023202407142128tCO2e-25%
  • Total Scope 1
  • Year-over-Year Change

What are Alfa Financial Software's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Alfa Financial Software were 21 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Alfa Financial Software's Scope 1 emissions decreased by 25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Alfa Financial Software's Scope 2 emissions?

In 2024, Alfa Financial Software reported Scope 2 greenhouse gas (GHG) emissions of 0.39 tCO₂e using the market-based method and 49 tCO₂e using the location-based method. a

Has Alfa Financial Software reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Alfa Financial Software's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Alfa Financial Software 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Alfa Financial Software use for Scope 2 reporting?

In 2024, Alfa Financial Software reported its Scope 2 emissions using the market-based method and using the location-based method. a

Alfa Financial Software's Scope 2 Emissions Over Time

20232024015304560tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Alfa Financial Software's Value Chain Emissions

In 2024, Alfa Financial Software reported 3,027 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Alfa Financial Software includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Alfa Financial Software's Scope 3 Emissions Over Time

2023202401 k2 k3 k4 ktCO2e-23%
  • Total Scope 3
  • Year-over-Year Change

What are Alfa Financial Software's Scope 3 emissions?

In 2024, Alfa Financial Software reported total Scope 3 emissions of 3,027 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Alfa Financial Software's Scope 3 emissions decreased by 22.82%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Alfa Financial Software disclose?

In 2024, Alfa Financial Software reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Alfa Financial Software's Scope 3 emissions?

In 2024, the largest contributors to Alfa Financial Software's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,388 tCO₂e (45.82%)
  • Business Travel (Cat. 6): 975 tCO₂e (32.19%)
  • Employee Commuting (Cat. 7): 516 tCO₂e (17.04%)

Alfa Financial Software's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(45.8%)Employee Commuting(Cat. 7)(17.0%)Business Travel(Cat. 6)(32.2%)

Insights into Alfa Financial Software’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Alfa Financial Software reported Scope 1 greenhouse gas (GHG) emissions of 21 tCO₂e and total revenues of USD 138 millions. This translates into an emissions intensity of 0.15 tCO₂e per millions USD. a

Alfa Financial Software's Scope 1 Emissions Intensity Compared to Peers

5501,00010,000100,000Scope 1 Emissions (tCO2e)502002,00010,00050,000Revenues (Millions of USD)Sage GroupYear: 2024Scope 1: 1,399 tCO2eRevenue: $M 3,121Scope 1 Intensity: 0.45 tCO2e/$MTrustpilot GroupYear: 2023Scope 1: 279 tCO2eRevenue: $M 130Scope 1 Intensity: 2.14 tCO2e/$MLectraYear: 2024Scope 1: 2,156 tCO2eRevenue: $M 548Scope 1 Intensity: 3.93 tCO2e/$MNetwealth GroupYear: 2024Scope 1: 10 tCO2eRevenue: $M 165Scope 1 Intensity: 0.06 tCO2e/$MAuction Technology GroupYear: 2024Scope 1: 13 tCO2eRevenue: $M 174Scope 1 Intensity: 0.07 tCO2e/$MVitec Software GroupYear: 2023Scope 1: 199 tCO2eRevenue: $M 275Scope 1 Intensity: 0.72 tCO2e/$MAlightYear: 2023Scope 1: 3,941 tCO2eRevenue: $M 3,410Scope 1 Intensity: 1.16 tCO2e/$MSoftwareOne HoldingYear: 2024Scope 1: 2,188 tCO2eRevenue: $M 1,121Scope 1 Intensity: 1.95 tCO2e/$MATOSS SoftwareYear: 2024Scope 1: 679 tCO2eRevenue: $M 178Scope 1 Intensity: 3.82 tCO2e/$MPlaniswareYear: 2024Scope 1: 35 tCO2eRevenue: $M 191Scope 1 Intensity: 0.19 tCO2e/$MGrab HoldingsYear: 2023Scope 1: 36,186 tCO2eRevenue: $M 2,359Scope 1 Intensity: 15.34 tCO2e/$MTotvsYear: 2023Scope 1: 1,138 tCO2eRevenue: $M 927Scope 1 Intensity: 1.23 tCO2e/$MIntuitYear: 2024Scope 1: 3,800 tCO2eRevenue: $M 16,288Scope 1 Intensity: 0.23 tCO2e/$MWorkdayYear: 2024Scope 1: 2,752 tCO2eRevenue: $M 8,447Scope 1 Intensity: 0.33 tCO2e/$MHuitongda NetworkYear: 2023Scope 1: 396 tCO2eRevenue: $M 12,692Scope 1 Intensity: 0.03 tCO2e/$MPTCYear: 2024Scope 1: 963 tCO2eRevenue: $M 2,298Scope 1 Intensity: 0.42 tCO2e/$MVusiongroupYear: 2024Scope 1: 554 tCO2eRevenue: $M 994Scope 1 Intensity: 0.56 tCO2e/$MTeamViewerYear: 2024Scope 1: 102 tCO2eRevenue: $M 699Scope 1 Intensity: 0.15 tCO2e/$MAdobeYear: 2023Scope 1: 7,649 tCO2eRevenue: $M 19,409Scope 1 Intensity: 0.39 tCO2e/$MAutomatic Data ProcessingYear: 2022Scope 1: 11,911 tCO2eRevenue: $M 16,046Scope 1 Intensity: 0.74 tCO2e/$MDatadogYear: 2023Scope 1: 529 tCO2eRevenue: $M 2,129Scope 1 Intensity: 0.25 tCO2e/$MAlfa Financial SoftwareYear: 2024Scope 1: 21 tCO2eRevenue: $M 138Scope 1 Intensity: 0.15 tCO2e/$M

How does Alfa Financial Software's GHG emissions intensity compare to its peers?

In 2024, Alfa Financial Software reported a Scope 1 emissions intensity of 0.15 tCO₂e per millions USD. Compared to the peer group median of 0.45 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Alfa Financial Software rank on GHG emissions intensity within its industry?

In 2024, Alfa Financial Software ranked 5 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Alfa Financial Software among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Alfa Financial Software's Total Carbon Footprint

In 2024, Alfa Financial Software reported a total carbon footprint of 3,097 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.52% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Alfa Financial Software's total carbon footprint was Scope 3 emissions, accounting for 97.74% of the company's total carbon footprint, followed by Scope 2 emissions at 1.58%. a

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