A global industrial software provider, Aveva, has met its Scope 1 and 2 greenhouse gas (GHG) emissions targets for 2025 early and accelerated investment in software solutions that help customers in the UK and beyond to decarbonize.
The results, communicated in the new Aveva 2023 Sustainability Progress Report revealed significant progress across all three pillars of the company’s sustainability framework, encompassing product strategy, operations and culture.
AVEVA said it has achieved four out of 15 ESG goals for 2025, which include, reducing GHG emissions across operations (Scopes 1 & 2) by 90 per cent (actual 93 per cent) from FY20 baseline; cut GHG emissions associated with business travel (Scope 3) by 20 per cent (actual 43 per cent) from FY20 baseline; remain in the top 25 per cent of security benchmarks (BitSight) and increase employee confidence in reporting unethical behavior to top 25 per cent for industry
Looking to next year, the firm said it will work to maintain these results and focus on achieving our other 2025 ESG targets.
Chief Executive Officer of AVEVA, Caspar Herzberg, said: “Our third sustainability report reflects the tremendous progress we have made over the past year to reduce our 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.”