📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

Guidewire Software Inc

Common Name

Guidewire Software

Country

United States

Sector

Technology

Industry

Software - Application

Employees

3,828

Ticker

GWRE

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.guidewire.com

Description

Guidewire Software Inc is a U.S.-based technology company that provides software platforms and cloud services to property and casualty (P&C) insurance carriers worldwide, supporting core functions suc... Guidewire Software Inc is a U.S.-based technology company that provides software platforms and cloud services to property and casualty (P&C) insurance carriers worldwide, supporting core functions such as policy administration, billing, and claims management. The company is listed on multiple exchanges; on the Italian Stock Exchange its line is traded under the symbol 1GWRE in euros as a secondary listing that represents the same underlying Guidewire equity as the primary U.S. listing (ticker GWRE). ## Company overview Guidewire was founded in 2001 and is headquartered in the San Francisco Bay Area, operating primarily as a recurring-revenue, enterprise software provider to insurers. Its main platform includes modular products such as PolicyCenter, BillingCenter, and ClaimCenter, along with analytics and marketplace add‑ons tailored to the P&C insurance industry. ## Role in insurance sector The firm focuses on helping insurers modernize legacy systems, digitize workflows, and launch new insurance products more quickly, which has led to adoption by hundreds of insurers in many countries. Revenue is largely generated through term licenses and subscriptions for cloud-delivered services, positioning Guidewire within the broader application and infrastructure software segment of the technology sector. ## Italian listing details On the Italian market in Milan, the Guidewire line 1GWRE allows investors to trade the stock in euros during local market hours while referencing the same underlying U.S. security. Pricing, performance, and liquidity for 1GWRE are therefore closely linked to Guidewire’s primary line on its home exchange, with movements generally reflecting the U.S. share price adjusted for currency and market microstructure. ## Sector and classification For classification purposes on the Italian Stock Exchange and related data vendors, 1GWRE falls within the technology sector, typically under software or software‑application groupings. This means it is often grouped with other international software names that have euro‑traded lines in Milan rather than with domestic Italian industrial or financial issuers.Show more

GHG Emissions Climate Targets EU Taxonomy Energy Waste Management

Guidewire Software's GHG Emissions Data Preview

In 2024, Guidewire 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).

Guidewire Software has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)	2024	2023	2022	2021 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Categories of Scope 3 (6 categories)
Purchased Goods and Services (Cat. 1) Emissions from the extraction, production, and transportation of goods and services purchased by the company.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Capital Goods (Cat. 2) Emissions from the production and delivery of long-term capital assets such as buildings, machinery, and equipment.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Fuel- and Energy-Related Services (Cat. 3) Emissions related to the production of fuels and energy purchased by the company that are not included in Scope 1 or 2 (e.g. extraction, refining, transport).	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Waste Generated in Operations (Cat. 5) Emissions from the treatment and disposal of waste generated in company operations, handled by third parties.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Business Travel (Cat. 6) Emissions from business-related travel by employees, such as air travel, car rentals, and accommodations.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Employee Commuting (Cat. 7) Emissions from employee commuting between their homes and their worksites, including personal and public transport.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 1 Revenue Intensity (tCO2e/$M) Total direct GHG emissions from categories that are owned or directly controlled by the company relative to the company's total revenues in USD for the corresponding fiscal year.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000

Access this data via API

View API docs

$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=GWRE&reporting_period=2024"

Verified Sources Behind Guidewire 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 Guidewire Software’s data sources below and access millions more through our Disclosure Search.

a. Guidewire Software's Sustainability Data Spreadsheet 2025

Insights into Guidewire Software's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGuidewire Software amounted to1,272.5metric 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 Guidewire Softwaredecreased by 4.87%, showing that the company has made progress in taking action to reduce the climate impact of its operations.^a

Guidewire Software's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are Guidewire Software's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Guidewire Software were 26 metric tons of CO₂ equivalent (tCO₂e).^a

Has Guidewire Software reduced its Scope 1 emissions over time?

Since 2020, Guidewire Software's Scope 1 emissions have decreased by 36.89%, reflecting a declining long-term trend in Scope 1 emissions over time.^a

Compared to the previous year(2023), Guidewire Software's Scope 1 emissions decreased by 15.58%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.^a

What are Guidewire Software's Scope 2 emissions?

In 2024, Guidewire Software reported Scope 2 greenhouse gas (GHG) emissions of 810.9 tCO₂e using the market-based method and 1,246.5 tCO₂e using the location-based method.^a

Has Guidewire Software reduced its Scope 2 emissions over time?

Since 2020, Guidewire Software's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 26.18%, reflecting a declining long-term trend in Scope 2 emissions over time.^a

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

What methodology does Guidewire Software use for Scope 2 reporting?

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

Guidewire Software's Scope 2 Emissions Over Time

Total Scope 2 Location-Based
Total Scope 2 Market-Based

Insights into Guidewire Software's Value Chain Emissions

In 2024, Guidewire Software reported 29,396.9 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 Guidewire Software includes a breakdown across 6of 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

Guidewire Software's Scope 3 Emissions Over Time

Total Scope 3
Year-over-Year Change

What are Guidewire Software's Scope 3 emissions?

In 2024, Guidewire Software reported total Scope 3 emissions of 29,396.9 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

Has Guidewire Software reduced its Scope 3 emissions over time?

Since 2020, Guidewire Software's Scope 3 emissionshave decreased by 25.86%, reflecting a declining long-term trend in Scope 3 emissions over time.^a

Compared to the previous year (2023), Guidewire Software's Scope 3 emissions remained relatively stable, indicating that Guidewire Software's emissions have plateaued with no significant change in its value chain footprint.^a

What categories of Scope 3 emissions does Guidewire Software disclose?

In 2024, Guidewire Software reported emissions for 6 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 Guidewire Software's Scope 3 emissions?

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

Purchased Goods and Services (Cat. 1): 14,708.5 tCO₂e(50.03%)
Business Travel (Cat. 6): 8,537.1 tCO₂e(29.04%)
Employee Commuting (Cat. 7): 4,906.6 tCO₂e(16.69%)

Guidewire Software's Scope 3 Emissions by Categories

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

In 2024, Guidewire Software reported Scope 1 greenhouse gas (GHG) emissions of 26 tCO₂e and total revenues of USD 981 millions. This translates into an emissions intensity of 0.03 tCO₂e per millions USD.^a

Guidewire Software's Scope 1 Emissions Intensity Compared to Peers

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

In 2024, Guidewire Software reported a Scope 1 emissions intensity of 0.03 tCO₂e per millions USD. Compared to the peer group median of 0.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.^a

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

In 2024, Guidewire Software ranked 2 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).^a

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

Insights into Guidewire Software's Total Carbon Footprint

In 2024, Guidewire Software reported a total carbon footprint of 30,669.4 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.01% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.^a

The largest contributor to Guidewire Software's total carbon footprint was Scope 3 emissions, accounting for 95.85% of the company's total carbon footprint, followed by Scope 2 emissions at 4.06%.^a

Want Full Access to Guidewire Software's GHG Emissions Dataset?

Explore Peer Companies

Welcome Back to Tracenable

Sign in to your account