Climate Change Data

AVEVA

Climate Impact & Sustainability Data (2021, 2022-04 to 2023-03, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:7737 mtCO2e
Scope 1 Emissions:1555 tCO2e/year
Scope 2 Emissions:6182 tCO2e/year (market-based)
Scope 3 Emissions:361024 tCO2e/year
Renewable Energy Share:7% (of electricity procured)
Waste Generated:130 tons/year

ESG Focus Areas

  • Climate Change
  • Diversity, Equity, and Inclusion
  • Governance

Environmental Achievements

  • Reduced Scope 2 emissions by 29% (market-based) year-on-year due to shift in working practices.
  • 11 AVEVA offices powered by 100% renewable electricity, representing 7% of total electricity consumption.

Social Achievements

  • Launched global DEI policy and pledged to significantly increase gender representation in leadership, management, and new hires by 2030.
  • Launched new programs to support employee upskilling and wellbeing.

Governance Achievements

  • Formed a dedicated ESG executive management committee.
  • Expanded the remit of AVEVA’s Nomination Committee to include oversight of ESG strategy.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero emissions across value chain (Scopes 1, 2, and 3) by 2050
Medium-term Goals:
  • Reduce Scope 3 emissions by 50% by 2030
  • 30% women in leadership roles by 2030
  • 40% women in management roles by 2030
  • 50% women hires by 2030
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Scope 3 emissions only fell by 4% overall, largely due to increases in emissions from Use of Sold Products and Purchased Goods and Services.
  • Achieving ambitious Scope 3 emission reduction targets requires innovation, collaboration, and engagement with stakeholders.
Mitigation Strategies
  • Developing mitigation strategies to reduce emissions across all scopes.
  • Engaging customers to collect data on their energy usage and renewable energy use.
  • Developing sustainable travel and commuting policies.

Supply Chain Management

Responsible Procurement
  • Due diligence on new business partners to address bribery and corruption risk.
  • Supplier engagement plan to be launched in FY22.

Climate-Related Risks & Opportunities

Opportunities
  • Growing market for low-carbon energy solutions.

Reporting Standards

Frameworks Used: SASB, TCFD, UN Global Compact

Certifications: ISASecure SDL, ISO 9001, SOC 2

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:771 tCO2e/year (Scope 1 & 2 market-based)
Scope 1 Emissions:707 tCO2e/year
Scope 2 Emissions:64 tCO2e/year (market-based)
Scope 3 Emissions:385,363 tCO2e/year
Renewable Energy Share:80% (measured energy consumption)
Total Energy Consumption:18,740 MWh/year
Water Consumption:107,229 m3/year
Waste Generated:264 tons/year
Carbon Intensity:0.61 tCO2e/turnover (Scope 1 & 2 market-based)

ESG Focus Areas

  • Climate change
  • Diversity, Equity, Inclusion, and Wellbeing (DEIW)
  • Responsible sourcing
  • Business ethics
  • Circular Economy
  • Resilience

Environmental Achievements

  • 93% reduction in Scope 1 and 2 emissions from FY20 baseline
  • Achieved carbon neutral or “net-zero ready” operations by procuring carbon removal credits for residual emissions
  • 43% decrease in business travel emissions from FY20 baseline
  • 1.25 tonnes of e-waste diverted from landfills in 2022

Social Achievements

  • 37.2% of new hires are women
  • 200+ employees completed leadership training
  • 36% of employees participated in an Action for Good event
  • 8.7 out of 10 employee confidence in reporting unethical behavior (top 25% for industry)

Governance Achievements

  • Launched Supplier Code of Conduct
  • Published first Human Rights Policy
  • Published first Supplier Code of Conduct
  • Over 97% of colleagues completed corporate ethics training

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050
Medium-term Goals:
  • Achieve 50/40/30 on gender representation and pay parity (2030)
  • Measurably contribute to inclusive and sustainable industrialization and innovation (2030)
  • Achieve net-zero ready operations and a 50% reduction on value chain emissions (2030)
Short-term Goals:
  • Reduce GHG emissions across operations (Scopes 1 & 2) by at least 90% (2025)
  • Reduce GHG emissions associated with business travel (Scope 3) by at least 20% (2025)
  • Increase employee confidence in reporting unethical behavior to top 25% for industry (2025)

Environmental Challenges

  • Developing a globally recognized method to quantify customer saved and avoided CO2 emissions
  • Increasing Scope 3 emissions due to growth in use of sold products
  • Maintaining top-tier security program in a changing global security landscape
Mitigation Strategies
  • Developing an in-house program to capture sustainability impact data and avoided emission estimation
  • Accelerating cloud transition and deploying green software principles
  • Continuous improvement of security program through certifications and comprehensive security capabilities

Supply Chain Management

Supplier Audits: Supplier self-assessment questionnaire to top vendors (roughly 40% of global supplier spend)

Responsible Procurement
  • Supplier Code of Conduct
  • Restricted-party screening
  • ESG supplier policies and screening processes

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products and solutions

Reporting Standards

Frameworks Used: SASB, WEF, GRI

Certifications: ISO 14001, ISO 27001, ISASecure SDLA, ISO 9001, ANSSI CSPN First Level Security Certification

Third-party Assurance: Independent third-party auditor (limited assurance for environmental and gender data)

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 9 (Industry, innovation, and infrastructure)
  • Goal 13 (Climate action)

AVEVA software enables customers to improve efficiency, reduce emissions, and boost circularity across various sectors

Sustainable Products & Innovation

  • AVEVA Process Simulation with renewables library
  • AVEVA Unified Operations Center for Water and Renewables

Awards & Recognition

  • FT Climate Leaders List
  • FT Diversity Leaders list
  • CDP Supplier Engagement “A” rating
  • S&P Corporate Sustainability Assessment (top 5% of software industry)
  • MSCI ESG AA rating

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:8800 tCO2e/year (Scope 1 & 2 market-based)
Scope 1 Emissions:1346 tCO2e/year
Scope 2 Emissions:8800 tCO2e/year (market-based)
Scope 3 Emissions:388090 tCO2e/year
Renewable Energy Share:~100% (electricity)
Total Energy Consumption:26258 MWh/year
Waste Generated:0 metric tons (2023)
Carbon Intensity:6.4 tCO2e/Million € (2023)

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Governance

Environmental Achievements

  • 93% reduction in Scope 1 & 2 emissions compared to CY19 baseline
  • 49% reduction in business travel emissions compared to CY19 baseline
  • 36% decrease in purchased goods and services emissions
  • 59% decrease in downstream emissions (use of sold products)

Social Achievements

  • Achieved <1% pay parity gap (currently at 0.5%)
  • Launched AVEVA Scholars Program in partnership with HBCUs
  • Increased employee engagement score to 7.7/10
  • Doubled early career opportunities (from 160 in 2021 to 218 in 2023)

Governance Achievements

  • Maintained top 25% external cybersecurity posture within industrial software market sector
  • Updated ESG supplier policies and screening processes
  • Launched a new partner onboarding protocol and accelerated partner onboarding program

Climate Goals & Targets

Long-term Goals:
  • Measurably contribute to inclusive and sustainable industrialization and innovation by 2030
Medium-term Goals:
  • Achieve “net-zero ready” operations and a 50% reduction on value chain emissions by 2030
Short-term Goals:
  • Achieve 50/40/30 gender representation and <1% pay parity gap by 2025
  • Reduce GHG emissions across operations (Scopes 1&2) by at least 90% by 2025
  • Reduce GHG emissions associated with business travel (Scope 3) by at least 20% by 2025

Environmental Challenges

  • Reducing downstream emissions associated with the use of sold products
  • Improving data quality and embedding sustainable practices across the value chain
  • Developing a sustainable commute program
Mitigation Strategies
  • Robust methodology to measure energy consumption of AVEVA software products
  • Dedicated efforts to improve data quality and embed sustainable practices
  • Working with a consulting firm to develop a survey methodology for sustainable commute program

Supply Chain Management

Supplier Audits: 53.4% of supplier base by spend contacted for compliance

Responsible Procurement
  • AVEVA’s Supplier Code of Conduct
  • ESG supplier policies and screening processes

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Regulatory changes
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: TCFD

Certifications: RE100

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 10 (Reduced Inequalities)

Awards & Recognition

  • 'B' CDP score
  • 'A-' CDP Supplier Engagement score