AVEVA Group plc Sustainability Profile
AVEVA Group plc, headquartered in Great Britain, is a leading global provider of engineering and industrial software solutions. Founded in 1967, the company has established itself as a key player in the digital transformation of asset-intensive industries, including oil and gas, power, and manufacturing. With a strong presence in Europe, North America, and Asia-Pacific, AVEVA offers a comprehensive suite of products and services, such as engineering design, asset performance management, and operations optimisation. Their unique integration of data analytics and cloud technology sets them apart in the market. Recognised for their innovative approach, AVEVA has achieved significant milestones, including strategic partnerships and a robust portfolio of software solutions that enhance operational efficiency and sustainability. As a trusted name in the industry, AVEVA continues to drive advancements in digital engineering and asset management.
DitchCarbon Score
How does AVEVA Group plc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
AVEVA Group plc's score of 81 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AVEVA Group plc's reported carbon emissions
In 2024, AVEVA Group plc reported total carbon emissions of approximately 249,728,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 249,728,000 kg CO2e. Scope 1 emissions were reported at approximately 1,153,000 kg CO2e, while Scope 2 emissions totalled about 9,255,000 kg CO2e. Notably, the Scope 2 emissions primarily stemmed from purchased electricity, which was about 8,719,000 kg CO2e. In previous years, AVEVA's emissions have shown variability. For instance, in 2023, the company reported Scope 2 emissions of approximately 23,580 kg CO2e, while Scope 1 emissions were not reported. In 2022, total emissions were approximately 379,550,000 kg CO2e, with Scope 1 emissions at about 931,000 kg CO2e and Scope 2 emissions at approximately 160,000 kg CO2e. AVEVA has committed to achieving net-zero operations for Scope 1 and Scope 2 emissions by 2030, with interim progress targets currently under development. This commitment reflects the company's proactive approach to climate action and aligns with industry standards for sustainability. The emissions data for AVEVA Group plc is cascaded from its parent organization, AVEVA Group Limited, which is part of a broader corporate family relationship. This cascading of data ensures a comprehensive understanding of the company's environmental impact and climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 589,000 | 0,000,000 | 0,000,000 | 000,000 | - | 0,000,000 |
| Scope 2 | 700,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 0,000,000 |
| Scope 3 | 174,314,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 |
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AVEVA Group plc's Scope 3 Categories Breakdown
AVEVA Group plc's Scope 3 emissions, which decreased by 34% last year and increased by approximately 43% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 41% of Scope 3 emissions.
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AVEVA Group plc's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
AVEVA Group plc has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
