TEMENOS AG.
TE8N.XETRA | Computer programming activities
Temenos AG is a software company specializing in banking and financial services software. It provides integrated modular core banking systems that enable banks to streamline operations, reduce costs, and improve customer service. Its products cover areas such as core banking, payments, wealth manage...Show More
Better Health for All
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Temenos offers mental health platforms and support in 17 countries, complemented by broader wellbeing initiatives.
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No other specific health-related data is available in the provided articles.
Fair Money & Economic Opportunity
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Temenos AG, as a software provider to financial institutions, does not directly offer lending or deposit services to consumers, making many KPIs related to consumer financial products not applicable. For profit reinvestment, Temenos contributed over $8,000 to From Babies with Love in 2024.
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This amount is less than 0.5% of its 2024 EBIT of $355 million.
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The KPI for financial literacy initiatives is omitted as the reach of its financial wellbeing webinar series (500 participants in 2023)
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cannot be quantified as a percentage of a relevant customer base.
Fair Pay & Worker Respect
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Temenos UK Limited reported that as of April 5, 2024, women earned 86p for every £1 earned by men in median hourly pay
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. Women's median bonus pay was 44p for every £1 earned by men
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. The company has an employee engagement rating of 3.1 out of 5 (62%) based on 950 reviews
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. Temenos commits to fair labor standards, human rights, and equal opportunity, including considering the cost of living in annual salary reviews to ensure compensation is above minimum and living wage
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. It also respects employee rights to join or not join unions and prohibits forced or child labor
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. Health insurance is listed as an employee benefit
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.
Fair Trade & Ethical Sourcing
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Temenos, a software company, states it does not import minerals and metals.
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This indicates the organization does not procure physical commodities typically covered by fair-trade certifications or considered high-risk materials.
Honest & Fair Business
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Temenos achieved a perfect 100% disclosure score in the Bloomberg 2023 Gender Equality Index.
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The company has not incurred any ethics-related regulatory fines or settlements in 2023
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and 2024.
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Temenos maintains a comprehensive Anti-Corruption and Bribery Policy with a zero-tolerance approach, mandatory annual training for all employees with a 99.9% completion rate,
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and annual risk assessments reported to the board.
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The policy extends to suppliers, partners, and third parties,
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and complies with the U.S. FCPA and UK Bribery Act 2010.
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Temenos has an Anonymous Reporting Policy and Guidelines for all employees, partners, and suppliers,
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which includes independent, anonymous reporting channels,
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prohibits retaliation,
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and ensures concerns are acknowledged within five working days.
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All disclosures are reported to the Audit Committee.
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No financial restatements have been reported.
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Kind to Animals
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Temenos AG is a software company, and the provided articles do not contain specific information or data points related to animal welfare, animal testing, animal-derived ingredients, humane certifications, or animal agriculture practices. While some articles mention general environmental sustainability efforts like tree planting
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or R&D investment,
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they lack the direct relevance or quantitative detail required by the 'Kind to Animals' KPIs, such as measurable biodiversity impact, percentage of revenue allocated to conservation, or specific investments in animal-free technologies. Supplier assessments mentioned are general 'sustainability assessments'
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and do not specify 'animal-related suppliers' or 'welfare compliance'. Public policy engagement is also general to environmental protection or climate change, not specifically animal welfare. Therefore, all KPIs for this value are omitted due to a lack of explicit, concrete evidence directly addressing the specific metrics.
No War, No Weapons
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Temenos' core business is software for banking and financial services, and the provided articles explicitly state that the company does not mention arms or defense contracts.
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No other specific, concrete data points were found in the provided articles to assess the company against the remaining 'No War, No Weapons' KPIs.
Planet-Friendly Business
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Total Scope 1, 2, and 3 GHG emissions were 18,394 tCO2e in 2024
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, representing a 70.3% decrease from 61,931 tCO2e in 2023
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. Temenos has SBTi-validated, science-based targets to reduce absolute Scope 1, 2, and 3 GHG emissions by 50% by 2030 from a 2019 base year, aligned with a 1.5°C pathway; by 2024, the company achieved a 59.1% reduction against this baseline
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. In 2024, 86.2% of Temenos' internal operations' electricity was sourced from renewables
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. Water withdrawal was 46.46 m³ per $1 M revenue
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, but 93% of water use from office facilities was in locations with high or extremely high baseline water stress
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. In 2024, 27% of the total occupied area was certified as green buildings
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, and 77% of waste was diverted from disposal
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. Only 0.46% of capital expenditure was EU Taxonomy eligible in 2024
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. The company reported zero instances of non-compliance with environmental laws and regulations
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. TCFD recommendations have been adopted since 2021
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, with the first qualitative TCFD report published
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, and climate scenario analysis is embedded in the TCFD report and is being improved with external consultants, with physical risks identified per region
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. The company has a climate justice initiative, the SH(E) Riders program, which donated ten electric vehicles to single mothers and underprivileged women in India
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.
Respect for Cultures & Communities
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Temenos demonstrates strong local engagement, with an average of 74.6% of its workforce recruited from local communities across 15 countries in 2024.
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Similarly, its local procurement share averaged 74.6% across these countries in 2024.
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The company's software supports multiple languages and country-specific requirements, indicating strong language inclusivity.
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Temenos' offices are located in city centers, outside protected lands and habitats, showing a preventative approach to cultural site protection.
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For cultural appropriation incidents, cultural impact assessment protocols, FPIC processes, and community governance inclusion, the company's software business model means these are generally not applicable, and no incidents or specific protocols are reported. While internal grievance mechanisms and mandatory Business Code of Conduct training are in place with high completion rates (99.9% in 2024),
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these are not explicitly defined as community-specific grievance mechanisms or dedicated cultural sensitivity training. The company resolves all filed complaints, but an average resolution time is not provided. General charitable giving occurs, but specific donations to cultural heritage organizations are not quantified.
Safe & Smart Tech
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Temenos demonstrates exceptional security training effectiveness, with 99.9% of employees completing Information Systems Security acknowledgment and Business Continuity training.
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The company holds comprehensive privacy and security certifications, including ISO 9001, ISO 27001 (across 14 locations), ISO 27017, ISO 27018 (across 13 locations), ISO 20000-1, ISO 22301, SSAE18 – SOC 1 Type 2, SOC 2 Type 2 and SOC 3, CSA Cloud Controls Matrix (CCM) STAR Level 2, EU Cloud Code of Conduct Level 2, and PCI DSS for its Azure, AWS, and Kony infrastructure.
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Temenos has an enterprise-wide AI governance framework, overseen by the Chief Compliance Officer, which includes mandatory AI impact assessments and review by an AI Committee.
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The company processes personal data only for its originally collected purpose, restricts access, and has no documented incidents of unauthorized data use.
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Temenos maintains a strong regulatory compliance program with a Regulatory Change Management Framework, complies with GDPR, and is preparing for CSRD.
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The company has no documented data breaches. It offers industry-standard user privacy controls, including a consent framework and data access/portability features.
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Temenos also expresses a positive stance on digital rights, respecting freedom of expression and privacy online.
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Zero Waste & Sustainable Products
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Temenos AG achieved a global waste diversion rate of 78% from landfill in 2024.
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The company has set targets to increase global waste diversion to 80% by 2025
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and 90% by 2030.
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Temenos has implemented over 10 waste reduction initiatives, including the Temenos Green Initiative in India, Mission Earth Possible challenges, and an internal campaign to stop plastic pollution.
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The company reports zero instances of non-compliance with environmental laws and regulations regarding waste disposal.
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A hazardous waste disposal program is implemented in India, ensuring authorized vendors dispose of waste according to international guidelines,
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and Spill Prevention Plans are in place where diesel generators are controlled.
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