Driving Sustainable Change: AVEVA’s Commitment to a Greener Future
AVEVA, a prominent global player in the industrial software sector, has unveiled its 2024 Sustainability Report, a document that reflects the company’s steadfast dedication to fostering responsible environmental stewardship. This report not only highlights the significant strides AVEVA has made toward its sustainability objectives but also illustrates how the company harnesses the power of its software to promote the responsible use of the world’s resources.
A Three-Pillar Framework for Sustainability
The 2024 report underscores AVEVA’s accomplishments across its comprehensive sustainability framework, which focuses on three key pillars: technology handprint, operational footprint, and inclusive culture. Each pillar represents a vital aspect of the company’s approach to sustainability and reveals the depth of its commitment.
In 2024, AVEVA successfully maintained a remarkable 93% reduction in Scope 1 and 2 emissions from its baseline year. This achievement has been facilitated through strategic initiatives, including a transition to renewable energy sources, optimized management of office spaces, and fleet efficiency improvements. The company has also made significant progress in evaluating its product offerings against the Green Software Foundation’s sustainability principles, illustrating its commitment to the principles of sustainable software development.
Driving Innovation Through Research
Research and development play a crucial role in AVEVA’s sustainability journey. The R&D teams conducted power bench testing on 85% of their product range to assess energy consumption. This comprehensive analysis provides a robust baseline that will inform future improvements aligned with green software principles. In a world facing unprecedented environmental challenges, these measures reflect AVEVA’s proactive stance toward innovation and sustainability.
As Caspar Herzberg, CEO of AVEVA, asserts, “We believe that sustainability and business success go hand in hand.” By empowering their customers to harness the full potential of industrial intelligence, AVEVA extends visibility and insight into complex data and processes. The resulting improvements in efficiency and productivity translate into substantial savings in emissions and resource requirements, showcasing the business case for sustainability.
Measuring Impact: A New Era in Reporting
For the first time, AVEVA has introduced an annual figure for saved and avoided emissions, highlighting the tangible energy savings attainable through select products. This innovative approach represents a significant step in measuring the impact of AVEVA’s initiatives and reinforces the company’s commitment to refining and broadening this assessment over time. Lisa Wee, AVEVA’s Chief Sustainability Officer, emphasizes the importance of this data: “As we enter the final year of our 2025 targets, we’re focused on meeting our goals and chartering an even bolder path with our sustainability framework.”
Wee also underscores that the greatest impact arises from the company’s software handprint—how it collaborates with clients to facilitate decarbonization and enhance resilience while supporting circular economy principles. The transparency in reporting select industry sectors’ saved and avoided emissions data marks a pivotal moment for AVEVA, showcasing its dedication to accountability and progress.
A Vision for the Future
As AVEVA approaches the final stretch toward its 2025 sustainability targets, the emphasis remains on continual enhancement of its sustainability framework. The company’s commitment to expanding its methodology for measuring broader impacts reflects an understanding that sustainable practices must evolve in step with technological advancements and societal needs.
In a world grappling with climate crisis, AVEVA stands at the forefront, leading by example. The combination of responsible operations and innovative software solutions positions the company as a crucial ally in the quest for a sustainable future. As they advance their digital transformation efforts, AVEVA is not just leading in technology; they are paving the way for an entire industry’s shift toward responsibility.
In summary, AVEVA’s 2024 Sustainability Report offers a compelling narrative of progress, accountability, and futurism. With a clear vision and actionable insights, the report reinforces its commitment to driving meaningful change in both the business sphere and the broader society—a testament to what can be achieved when innovation meets sustainability.
