Aveva, a leader in industrial software driving digital transformation and sustainability, has announced that it has become the 47th company in the FTSE100 to join the United Nations' Race to Zero campaign. 

 

This global campaign is designed to rally leadership and support from businesses, cities, regions, and investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates jobs, and unlocks inclusive, sustainable growth.

 

CEO Peter Herweck said: “By joining the Race to Zero initiative and aligning to the highest level of ambition for climate targets under the Paris Agreement, we are demonstrating our commitment to work across our entire chain to help avoid global impacts from climate change. 

 

"We are also pleased to join many of our customers in this initiative, as well as key partners, including Microsoft, Accenture and Schneider Electric, that have already committed to this pledge," he added. 

 

The campaign aims to mobilise a coalition of leading net zero initiatives and is the largest ever alliance committed to achieving net zero carbon emissions by 2050. Collectively participants now cover nearly 25 percent of global CO2 emissions and over 50% of GDP. 

 

"Aveva’s objective is to build momentum and spur rapid action around decarbonisation ahead of COP26 (where governments must strengthen their contributions to the Paris Agreement)," Herweck said.

 

British MP Andrew Griffith, the UK’s net zero business champion said: “Congratulations to Aveva on joining the UN’s Race to Zero campaign. This demonstrates great leadership and goes hand in hand with the company’s work to support clients like National Grid and Anglian Water in creating a positive impact on the environment. 

 

"Aveva joins 46 other FTSE100 companies in the Race to Zero, together representing over a trillion pounds in market capitalisation. With just 100 days to go until we host the COP26 Summit in Glasgow – the time to act is now," Griffith added. 

 

“By being part of the Race to Zero initiative, we are leading by example and setting the direction we will take to drive sustainability throughout our own operations, and the software we develop for our customers globally. We will continue to formalise our sustainability pledges across all our focus areas as well as develop interim goals to help us report and communicate on our progress," Herweck added.-TradeArabia News Service