1 March 2023 – TechnologyOne’s global business operations have become carbon neutral to help customers meet their Environmental, Social & Governance (ESG) obligations.
The new Climate Active certification incorporates the company’s business operations in Australia, New Zealand, the United Kingdom and Malaysia.
The certification will help TechnologyOne customers, which include local government, governments and higher education providers across Australia, New Zealand and the UK, deliver on their ESG strategies and meet stakeholder and community expectations.
TechnologyOne CEO Ed Chung said Australia’s largest enterprise software company was committed to supporting customers as they transitioned to a Net Zero future.
“Sustainability and taking care of the environment is bigger than just us as a company, but we can all do our part to help,” Mr Chung said.
“From a long-term financial and environmental perspective, sustainability is a growing consideration for our customers around the world. We have long recognised the importance of embedding sustainable practices into our business for our and our customers’ long-term success.
“We became carbon neutral in Australia in 2020, helping our customers further drive down their emissions. We are now offsetting and working to reduce our emissions globally – as our business expands so too should our sustainability practices.
“We know that cloud-based technology, including SaaS, offers an innovative solution to reducing carbon reductions of the global economy, and we are committed to working with our customers around the world, from leading higher education institutions to local government entities, to help them deliver on their climate strategies.
“From speaking to our customers, we know that ESG obligations are high on the agenda, particularly in today’s skills shortage, to attract and retain the best talent, sustainability needs to be on the agenda.
The new global certification is the next step in an ambitious plan for the Enterprise Software as a Service (SaaS) provider TechnologyOne. In 2020, TechnologyOne’s Australian operations, where it is headquartered, became one of the first companies within the Australian technology sector to achieve Climate Carbon Neutral certification.
“TechnologyOne will continue to roll out initiatives to reduce our carbon emissions to the lowest amount possible in our operations, as well as to assess our suppliers against environmental commitments and progress,” Mr Chung said.
The company has been on a path to reduce its emissions by promoting remote software implementations, reducing air and land travel, working with landlords to implement recycling opportunities and establishing a remote working policy which reduces greenhouse gas (GHG) emissions from commuting to and from work.
The technology powerhouse invests in certified carbon offset credits to counteract the emissions that remain. For every tonne of carbon attributable to TechnologyOne, a tonne of carbon credits is purchased by the company and retired.
The carbon offset credits are sourced globally, from projects related to wind power and hydro-electric initiatives in India that aim to develop enough power to replace existing coal-fired power plants.
For more information, download TechnologyOne’s latest Sustainability report.
Media contact
Miette Lelievre
Senior PR Advisor
M: +61 428 940 628
Miette_Lelievre@technologyonecorp.com
About TechnologyOne
TechnologyOne (ASX: TNE) is Australia's largest enterprise Software as a Service (SaaS) company and one of Australia's top 100 ASX-listed companies, with offices across six countries. Our enterprise SaaS solution transforms business and makes life simple for our community by providing powerful, deeply integrated enterprise software that is incredibly easy to use. Over 1,300 leading corporations, government departments and statutory authorities are powered by our software.
Our global SaaS solution provides deep functionality for the markets we serve: local government, government, education, health and community services, asset intensive industries and financial services. For these markets we invest significant funds each year in R&D. We also take complete responsibility to market, sell, implement, support and run our solutions for our customers, which reduce time, cost and risk.