Climate Change Data

AvePoint, Inc.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental Workplace Practices
  • Philanthropy
  • Inclusion, Diversity, Equity and Allyship
  • Corporate Governance
  • Cybersecurity

Environmental Achievements

  • Company-wide paperless campaign and computer recycling project to reduce energy consumption and the use of nonrenewable resources.
  • Jersey City headquarters and Arlington and Chicago offices are LEED certified, Singapore office is a Green Mark Platinum building.
  • Japan office implemented various energy efficiency measures (BEMS data, appropriate indoor temperature and humidity, LEDs, high-efficiency equipment, energy conservation meetings, carbon credit donations).

Social Achievements

  • Partnership with Girls Who Code and StepNow to advance education and provide internship opportunities.
  • Launched employee resource group dedicated to military veterans.
  • Company support of The Trevor Project and The National Center for Children and Families.

Governance Achievements

  • Adopted formal Independence Standards for its Board and the Board’s Audit Committee.
  • Completed a full review of its Corporate Governance policies.
  • Updated its Code of Conduct.
  • Introduced a more robust and user-friendly platform for whistleblowers and other reporting.

Climate Goals & Targets

Environmental Challenges

  • Reducing carbon footprint and creating a more sustainable future.
  • Maintaining a robust supplier and channel partner base.
  • Innovating to meet consumers’ evolving expectations.
  • Managing the complexity of growth and operations.
  • Maintaining brand recognition and reputation.
  • Providing high-quality support.
  • Ensuring products and services effectively interoperate with customers’ IT infrastructures and mobile devices.
  • Managing challenges inherent in global operations (political/economic conditions, localization, payments, compliance, labor regulations, managing employees across geographies, cultural differences, intellectual property protection, political instability, anti-corruption compliance, sanctions, etc.).
  • Responding to rapidly changing technology, industry standards, and customer needs.
  • Maintaining and expanding partner relationships.
  • Responding to unfavorable economic conditions and reductions in IT spending.
  • Effectively developing and expanding marketing and sales capabilities.
  • Maintaining sufficient and performant data transmission capacity.
  • Data privacy and cybersecurity threats (cyberattacks, data breaches, etc.).
  • Compliance with legal and contractual requirements around data security.
  • Protecting intellectual property rights.
  • Maintaining effective internal control over financial reporting.
Mitigation Strategies
  • Actively researching additional methods to reduce its carbon footprint.
  • Investing in sales and marketing programs, including search engine and other online advertising.
  • Improving key business applications and processes.
  • Implementing and scaling improvements to operational, financial, and management controls.
  • Expanding services and personnel, maintaining and enhancing partnerships.
  • Investing in research and development to develop new products and enhance existing ones.
  • Implementing and continuously improving security-aware software development, operational management, and threat-mitigation practices.
  • Implementing a robust defense-in-depth security strategy.
  • Conducting continuous security monitoring and practicing security incident response.
  • Implementing a rigorous program to assess vendors and suppliers.
  • Implementing a remediation plan to address material weaknesses in internal control over financial reporting (hiring personnel, engaging external consultants, establishing formalized internal controls, implementing improved accounting and financial reporting procedures).

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Multiple 'best place to work' accolades in 2022.