AVEVA Unveils key Learning from 2023 Sustainability Report

Emma Okonji

AVEVA, a global leader in industrial software, has launched its 2023 Sustainability Progress Report and the first edition of the AVEVA Industrial Intelligence Index at London Tech Week 2024 where the company advocates for an ethical and impact-driven AI aimed at increasing creativity and efficiency for a more sustainable world. 

In 2023, AVEVA continued to make progress on its core ESG framework objectives, including enabling the sustainable transformation of industry through its software, modelling environmental stewardship and ethical best practice, and fostering an inclusive workplace culture where every employee feels engaged and empowered to learn and grow.

The fourth edition of the report is AVEVA’s first publication of ESG data and workstream advancements aligned to a calendar year reporting period. It details progress made in 2023 to AVEVA’s three key pillars: Technology handprint, Operational footprint, and Inclusive culture.

Analysing the report, Global Head of Sustainability at AVEVA,  Lisa Wee, said: “Beyond our efforts to reduce our own carbon footprint, we recognize that our biggest opportunity to make a positive impact and accelerate our journey towards NetZero is through our core products, digital solutions that can help industries improve efficiency, circularity, traceability and resilience.”

With this, the company has developed a green new logo programme that has supported in the first six months the deployment of clean tech activities for 25 customers. In addition, with 13 new case studies quantifying the reduction of emissions AVEVA software enables for customers, the company demonstrates how it walks the talk through tangible achievements contributing to sustainability. Last but not least, hackathons run in 2023 generated 80 sustainability-led technology ideas for future innovations.

2023 also saw the launch of AVEVA’s Sustainability Accelerator program the purpose of which is to advance sustainability use cases and capabilities across the company’s portfolio and partner ecosystem, including via AVEVA’s industrial intelligence platform, CONNECT.

Director of Sustainability in charge of the programme, Joana Mainguy, said: “AVEVA’s Sustainability Accelerator program aims to enable faster uptake of existing sustainability solutions across the industrial landscape, while we continue to invest in product capabilities and partnerships that will push out the frontiers of sustainability innovation for industry.”  

AVEVA has pioneered a new standard for green software: since the end of 2023, and 31 per cent of its portfolio has built-in power consumption measurement technology.

In 2023, AVEVA met four out of the 15 2025 ESG targets including 93 per cent reduction in scope 1 and scope 2 emissions through a combination of measures: the company procured 100 per cent of renewable electricity in all global markets as per RE100 criteria, reduced its overall fleet of 21 per cent over the year, and counted hybrid or electric vehicles for 25 per cent of the remaining fleet. Notable achievements related to upstream emissions include a 36 per cent decrease in purchased goods and services and a 49 per cent decrease in business travel emissions. The latter goes beyond our 2025 ESG goal of a 20 per cent reduction.