AVEVA Underscores Commitment to Build a Sustainable Future as a Member of the UN Global Compact Network
AVEVA held a virtual conference last week with one early morning devoted to a media/press/analyst roundtable discussion primarily around sustainability. Schneider Electric has been an outspoken sustainability advocate for quite some time. It, of course, is the majority shareholder in AVEVA. The two companies often work hand-in-glove.
In this case, AVEVA has joined the United Nations Global Compact and the UN Global Compact Network UK, a voluntary leadership platform for the development, implementation, and disclosure of responsible business practices. AVEVA joins thousands of other companies around the globe committed to taking responsible business action to create a more sustainable world.
Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world, with more than 12,000 companies and 3,500 non-business signatories based in over 160 countries, and 69 local networks. Its aim is to mobilize a global movement of sustainable companies and stakeholders to create the world that conducts business responsibly by aligning its strategies and operations with Ten Principles on human rights, labor, environment and anti-corruption; and takes strategic actions to advance broader societal goals, such as the UN Sustainable Development Goals, with an emphasis on collaboration and innovation.
AVEVA is already making strides towards a sustainable future, and today’s announcement marks another step in this journey. Alongside embedding changes across its own functions, AVEVA is enabling its customers to advance their own sustainability efforts with software solutions that can be applied across more than nine industry verticals to address challenges such as providing real-time energy data and supporting improved operational efficiency to help customers cut their energy consumption and emissions.
Craig Hayman, CEO of AVEVA, commented, “Joining the UN Global Compact cements our existing commitment to align our business with the Ten Principles, and provides an exciting platform for learning and collaboration with other members. AVEVA’s key focus will initially be on areas where our social and environmental contribution can be greatest, including addressing the climate crisis and expediting the transition to a more circular global economy. We will accelerate this journey by delivering products and solutions which will drive more sustainable outcomes for our customers while also providing additional benefits for our employee and partner ecosystem focused on ultimately creating a better environment for all.”
Steve Kenzie, Executive Director, UN Global Compact Network UK, added, “The core of the United Nations Global Compact’s mission is to support companies doing business responsibly by aligning their strategies and operations with ten universal principles on human rights, labor, environment, and anti-corruption. We also support business taking actions to advance the Sustainable Development Goals. We are delighted and encouraged by AVEVA’s endorsement of our initiative.”