Climate Change Data

AvidXchange Holdings, Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Helped customers reduce environmental impact by saving 4,510 trees, avoiding 222,000 pounds of solid waste, saving 4,000,000 gallons of water, and avoiding 3,390,000 pounds of CO2 through digitization of processes.
  • Launched a centralized waste management program at Charlotte HQ to minimize environmental impact and reduce operational costs.

Social Achievements

  • Continued investment in teammate wellbeing through benefits, learning and development, and rewards and recognition.
  • Deepened community impact through the AvidXchange Foundation, community board investment, and the Pledge 1% initiative.
  • Refurbished and distributed 31,574 laptops since May 2020 through the E2D program.
  • Supported the Young Black Leadership Alliance's Leadership Inside-Out program.

Governance Achievements

  • Maintained dedication to compliance, board diversity, and ethics and anti-corruption best practices.
  • Adopted share ownership guidelines for named executive officers and directors.
  • Adopted a clawback policy for erroneously awarded incentive-based compensation.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Named to the 2022 Disruptor Award list
  • Certified™ as a Great Place to Work® for the third consecutive year
  • Named on Women Tech Council’s (WTC) Shatter List for the fifth consecutive year