Temenos awarded in top 1% in S&P Global Sustainability Yearbook for 2024

“Temenos is leading the transition to SaaS and a more sustainable banking industry. To be recognized once again as a leader in the most prestigious ESG ratings worldwide, such as DJSI, S&P global, Sustainalytics and EcoVadis, demonstrates our commitment to sustainability and the positive impact we have supporting our clients in their transition to a low-carbon economy and achieve their ESG goals on Temenos Banking Cloud.”

Temenos has once again been acknowledged as a frontrunner in global sustainability efforts within the software industry. The company has distinguished itself through its performance in several prestigious Environmental, Social, and Governance (ESG) ratings.

For the second consecutive year, Temenos secured the top score in the 2023 Dow Jones Sustainability Indices (DJSI) for the Software industry. It also earned the unique distinction of being the only software company to be awarded in the top 1% in the S&P Global Sustainability Yearbook for 2024. Additionally, Temenos was rated as low risk by Sustainalytics in its ESG Risk Rating Report and continued to hold its platinum medal from EcoVadis for outstanding sustainability performance.

Temenos enabling banks to reduce their carbon emissions by up to 95%

These accolades underscore Temenos’ dedication to leading the shift towards a more sustainable banking sector through its Software-as-a-Service (SaaS) offerings. The company supports over 700 clients with the Temenos Banking Cloud, which is instrumental in enabling banks to reduce their carbon emissions by up to 95% compared to traditional on-premise IT infrastructures.

This initiative is particularly significant as the banking industry, known for its IT-intensive operations, seeks new ways to mitigate environmental impact while expanding digital services, processing increased transaction volumes, and integrating advanced technologies like Artificial Intelligence.

Temenos has also introduced new SaaS Enterprise Services and Leap, an AI-powered solution aimed at accelerating the modernization and transition of banks to cloud-native technologies. These innovations not only contribute to the decarbonization of the banking industry but also offer banks a pathway to achieve their ESG goals more efficiently.

In efforts to further minimize environmental impact, Temenos has improved the efficiency of its software code by 32%, a move validated by GoCodeGreen. Kalliopi Chioti, Chief Marketing and ESG Officer at Temenos, emphasized the company’s role in facilitating the banking industry’s transition to SaaS and achieving sustainability objectives.

Temenos’ leadership position in sustainability is further evidenced by its outstanding scores in the 2023 S&P Global Corporate Sustainability Assessment (CSA) and its top rankings in Sustainalytics and EcoVadis, affirming its commitment to making a positive impact on the global move towards a low-carbon economy.

Kalliopi Chioti, Chief Marketing and ESG Officer, Temenos, said: “Temenos is leading the transition to SaaS and a more sustainable banking industry. To be recognized once again as a leader in the most prestigious ESG ratings worldwide, such as DJSI, S&P global, Sustainalytics and EcoVadis, demonstrates our commitment to sustainability and the positive impact we have supporting our clients in their transition to a low-carbon economy and achieve their ESG goals on Temenos Banking Cloud.”



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