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