MINNEAPOLIS—August 19, 2009—In keeping with its commitment to sustainability, FICO (NYSE: FICO), a leading provider of analytics and decision management technology, today announced that it has become a member of The Climate Registry, a nonprofit collaboration of organizations that sets consistent, transparent standards to calculate, verify and report greenhouse gas (GHG) emissions.
Through The Climate Registry, FICO can document its own emissions, track subsequent reductions and publicly share the independently verified data, using rigorous protocols consistent with international standards. The move advances FICO’s Sustainable Enterprise Initiative, a company-wide program designed to reduce its carbon footprint through energy and natural resource conservation, while also delivering operational savings.
“With our membership in The Climate Registry, we join like-minded leaders committed to taking action now to reduce carbon emissions and tackle climate change,” said Laurent Pacalin, chief marketing officer at FICO and co-founder of the Cleantech Open. “FICO is making significant reductions in its footprint, and as a next step, we’re focused on documenting and reporting our ongoing progress.”
The Climate Registry members include Fortune 500 corporations, leading non-profit organizations and government agencies in North America. To view the full list of members, visit www.theclimateregistry.org/members.
“FICO has demonstrated exemplary environmental leadership by taking the critical first step toward analyzing its impact on the environment,” said Doug Scott, board chair of The Climate Registry and director of the Illinois Environmental Protection Agency. “In order to manage and reduce emissions, it is important to calculate and verify emissions data accurately. By measuring and reporting greenhouse gas emissions according to the most rigorous and comprehensive standards, FICO is holding itself to the highest level of accountability and responsibility.”
FICO’s sustainability efforts are focused on reducing the company’s carbon footprint through improving IT efficiency, reducing employee travel and commute miles, and using post-consumer paper products when possible while decreasing overall paper consumption. Taken together, these efforts have significantly lowered FICO’s greenhouse gas emissions. The company is on track to reduce its IT energy consumption by 50 percent and printing output by 80 percent by 2010.
To learn more about how FICO’s Sustainable Enterprise Initiative has provided the company with both bottom-line and environmental gains, read the Insights white paper, “Best Practices in Green IT,” now available at http://www.fico.com/en/Communities/Pages/Insights.aspx.
FICO (NYSE:FICO) transforms business by making every decision count. FICO’s Decision Management solutions combine trusted advice, world-class analytics and innovative applications to give organizations the power to automate, improve and connect decisions across their business. Clients in 80 countries work with FICO to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. FICO also helps millions of individuals manage their credit health through the www.myFICO.com website.
FICO Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company’s Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO’s SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2008, and its quarterly report on Form 10-Q for the period ended June 30, 2009. If any of these risks or uncertainties materializes, FICO’s results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.
FICO is a trademark of Fair Isaac Corporation.
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