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OrganisationsCvent
Cvent logo

Cvent

Computer ServicesUnited StatesNASDAQ: CVT
Last verified 9 months agocvent.com

Cvent, officially known as Cvent, Inc., is a leading technology company headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1999, Cvent has established itself as a key player in the event management and hospitality industries, providing innovative solutions that streamline the planning and execution of events.

Cvent's core offerings include event management software, venue sourcing, and attendee engagement tools, all designed to enhance the event experience. What sets Cvent apart is its comprehensive platform that integrates various functionalities, making it a preferred choice for event planners worldwide. With a strong market position, Cvent has received numerous accolades for its contributions to the industry, solidifying its reputation as a trusted partner for organisations seeking to optimise their event strategies.

29
DitchCarbon score

-13 vs industry average

Cvent’s score of 29 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Computer Services is among the least carbon-intensive industries

Industry performance

0.246
20182025

The Computer Services industry has reduced its overall emissions by 11% since 2018

Reported emissions

No reported emissions data is available for Cvent yet.

Cvent's reported carbon emissions

Cvent, headquartered in the United States, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established clear targets for its Scope 1 and Scope 2 emissions. Cvent aims to reduce these emissions to near zero by 2025, demonstrating a strong commitment to sustainability and climate action.

Cvent's near-term reduction initiatives include a focus on both Scope 1 and Scope 2 emissions, with plans to achieve these reductions by the end of 2025. This commitment reflects the company's proactive approach to addressing its environmental impact within the software and services sector.

While Cvent has previously engaged with the Science Based Targets initiative (SBTi), it appears that their near-term targets have been removed, indicating a shift in their climate strategy. Nonetheless, the company remains focused on achieving net-zero emissions in the near future.

Overall, Cvent's climate commitments highlight its dedication to reducing its carbon footprint and contributing to global sustainability efforts, even in the absence of specific emissions data.

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Cvent’s Climate Goals (2030 & 2050)

2 goals

2025

We aim to reduce our Scope 2 emissions to near zero by 2025

We aim to reduce our Scope 2 emissions to near zero by 2025.

Insufficient data0%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Cvent logoCvent
USComputer Services
9 months ago
29
SAP SE logoSAP SE
DESoftware Publishers
1 day ago
100
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Salesforce logoSalesforce
USComputer Services
1 day ago
100
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Oracle logoOracle
USComputer Services
1 day ago
82
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Ibm logoIbm
USComputer Services
1 day ago
71
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Brightcove Inc. logoBrightcove Inc.
USComputer Services
11 days ago
30
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Vimeo, Inc. logoVimeo, Inc.
USComputer Services
2 days ago
29
View

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Ditchcarbonv260721.1
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