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…As firm accelerates progress on decarbonizing operations
By Enyeribe Ejiogu
In line with international efforts to achieve the United Nations Sustainable Development Goals aimed at reducing the worsening impact of greenhouse gas emissions endangering the climate, AVEVA, a global leader in industrial software, has said that it has met its Scope 1 and 2 greenhouse gas (GHG) emissions targets for the year 2025. This is in addition to an accelerated investment in software solutions that help customers across the world.
In its 2023 Sustainability Progress Report, the firm revealed significant progress across all three pillars of the company’s sustainability framework, encompassing product strategy, operations and culture.
AVEVA achieved four out of 15 ESG goals for 2025: reduce GHG emissions across operations (Scopes 1 & 2) by 90% (actual 93%) from FY20 baseline; cut GHG emissions associated with business travel (Scope 3) by 20% (actual 43%) from FY20 baseline; remain in the top 25 percent of security benchmarks and increase employee confidence in reporting unethical behavior to top 25 percent for industry.
In a statement, AVEVA Global Head of Sustainability, Lisa Wee, quoted the Chief Executive of the firm, Caspar Herzberg, as saying: “Our third sustainability report reflects the tremendous progress we have made over the past year to reduce our own environmental footprint, enhance our sustainability handprint with our customers, and strengthen our culture at AVEVA. I’m proud of our whole team for their focus and commitment to drive meaningful change. These gains will inspire us as we continue to pioneer software that enables the industry to be at the center of delivering a more socially just, low-carbon future.”
The report marks AVEVA’s third year of reporting on the progress and learning it has made against its strategic environmental, social and governance (ESG) framework and pledges. The first report established guiding commitments to environment and gender for 2030, while the second launched 15 ESG targets for 2025.
As part of delivering a holistic ESG strategy, AVEVA has embedded sustainability more deeply into the company’s core product strategy under its “technology handprint” pillar. Beyond building new sustainability-specific capabilities into its software portfolio, the company is investing in global sales enablement aligned with growing the green economy.
Additional product-related sustainability highlights include: over 115 innovative sustainability concepts delivered during hackathons; more than 750 universities worldwide incorporate AVEVA software into curricula and research and pilot impact study on contribution of industrial software to advancing net-zero goals
AVEVA’s “operational footprint” pillar focuses on advancing ethical best practices and environmental stewardship across its own operations and value chain.
As Wee further noted in the statement, results delivered in the 2023 financial year include AVEVA net-zero commitments validated by the Science Based Targets initiative (SBTi); the firm was recognized by the Financial Times as a Europe Climate Leader; it launched its Supplier Code of Conduct and responsible sourcing programme.
Wee underscored the benefit of a clearly defined sustainability strategy for businesses. She said: “By establishing a clear, strategic and ambitious sustainability framework and program at AVEVA, we have been able to set direction for our organization, drive alignment and measure impact. Customers and partners are also looking for opportunities to collaborate with those that share their values, understand their challenges and boast a robust sustainability track record of their own.”
AVEVA is a global leader in industrial software, sparking ingenuity to drive responsible use of the world’s resources. The company’s secure industrial cloud platform and applications enable businesses to harness the power of their information and improve collaboration with customers, suppliers and partners.
Over 20,000 enterprises in over 100 countries rely on AVEVA to help them deliver life’s essentials: safe and reliable energy, food, medicines, infrastructure and more. By connecting people with trusted information and AI-enriched insights, AVEVA enables teams to engineer efficiently and optimize operations, driving growth and sustainability.
