AVEVA in World’s First 50 Companies To Have Net-Zero Target Validated By Science Based Targets initiative

AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has become one of the world’s first companies in its sector to have its net-zero commitments validated by the Science Based Targets initiative (SBTi).

Issued in October 2021, the SBTi’s Corporate Net-Zero Standard, sets out clear requirements for companies to ensure their goals align with the requirements of the international scientific community to decarbonize and limit global warming to 1.5°C.

AVEVA has committed to:

• maintain at least 90% absolute scope 1 and 2 greenhouse gas (GHG) emission reductions post FY2030 and to reduce absolute scope 3 GHG emissions 90% by FY2050 (from a FY2020 base year)
• increase annual sourcing of renewable electricity to 100% in the next eight years and reduce absolute scope 3 GHG emissions 50% by the same time frame

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