Climate Change Data

Aspen Technology, Inc. (AspenTech)

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Corporate Responsibility
  • Diversity, Equality and Inclusion
  • Safety
  • Environmental Impact
  • Corporate Governance

Environmental Achievements

  • Reduced air and road travel by employees worldwide, resulting in a decreased environmental footprint.
  • Implementation of paper-saving and energy-saving programs at each location.
  • Partnership with Alliance to End Plastic Waste to reduce plastic waste.
  • Support for customers in achieving innovation and environmental efficiencies on a global scale through software solutions.
  • CO2 emissions reduced by 135,000 MT and landfill waste reduced by 375,000 MT due to improved distribution and planning solutions.

Social Achievements

  • Donated over $100,000 to charities worldwide, including COVID-19 relief funds and food banks.
  • Added Diversity, Equality & Inclusion as a core corporate value.
  • Strengthened relationships with professional diversity organizations for talent acquisition.
  • Provided resources and digital courses on diversity and inclusion to all employees.
  • Launched a global ‘Coaching for Performance’ program to improve sales team performance.
  • Offered employees access to LinkedIn Learning and Skillsoft eLearning programs.
  • Provided tuition reimbursement to full-time employees.
  • Offered employees the opportunity to learn a new language through a partnership with Rosetta Stone.

Governance Achievements

  • Maintained an independent board chair to ensure objective evaluation and oversight of management’s performance.
  • Implemented a rigorous process for identifying and recruiting members of the board of directors.
  • Adopted a policy that any nominee for director in an uncontested election who receives more withheld votes than votes in favor must submit an offer of resignation.
  • Adopted written policies and procedures for the review of any related-party transaction.
  • Provided annual training for employees on conflicts of interest, financial integrity, GDPR, cybersecurity, anti-bribery/FCPA, non-discrimination, and sexual harassment.

Climate Goals & Targets

Environmental Challenges

  • COVID-19 pandemic and its impact on operations and employee well-being.
  • Global plastic waste problem.
  • Need to reduce carbon footprint and emissions.
  • Maintaining mental health of employees during the pandemic.
Mitigation Strategies
  • Quickly adapted to working from home and supported employees with additional responsibilities.
  • Joined the Alliance to End Plastic Waste to invest in solutions for reducing plastic waste.
  • Implemented digitalization solutions to help customers pursue renewable energy projects and reduce emissions.
  • Monitored the progress of employees affected by the pandemic and provided support.
  • Provided resources and digital courses on diversity and inclusion to all employees.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • 2020 Green Supply Chain Award from SDC Executive
  • ASSOCCHAM Innovators Excellence Awards 2020
  • Singapore Business Review Award for Predictive Maintenance

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainability
  • Environmental Performance
  • Carbon Emissions Reduction

Environmental Achievements

  • Reduced unplanned downtime and carbon emissions at OCP Ecuador by using Aspen Mtell to predict asset failures.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Need to enhance reliability analysis functionality and capabilities to support operator rounds, inspection rounds, and IOW programs.
Mitigation Strategies
  • Partnering with providers like Itus Digital to improve reliability analysis and with asset integrity software suppliers like Metegrity and OneBridge Solutions to enhance integrity management capabilities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed