AVEVA Group

AVEVA Group reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 March 2021 at 7.7 Kt (-2.5 /-24.5% y-o-y). Also positively, carbon intensity declined to 7.6 t (-1.8 /-19.1% y-o-y).

AVEVA Group's Scope 3 emissions declined to 361 Kt (-14 /-3.6% y-o-y).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

AVEVA Group also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target AVEVA Group PLC commits to reach net-zero GHG emissions across the value chain by FY2050. Near-Term Targets AVEVA Group PLC commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2030 from a FY2020 base year. AVEVA Group PLC also commits to increase annual sourcing of renewable electricity from 1% in FY2020 to 100% by FY2030. AVEVA Group PLC also commits to reduce absolute scope 3 GHG emissions 50% by FY2030 from a FY2020 base year. Long-Term Targets AVEVA Group PLC commits to maintain at least 90% absolute scope 1 and 2 GHG emission reductions from FY2030 through FY2050. AVEVA Group PLC also commits to reduce absolute scope 3 GHG emissions 90% by FY2050 from a FY2020 base year.