At OneAdvanced, we have a mission to power the world of work, and we are committed to achieving that goal responsibly and sustainably. As a large software provider with an impact on millions of lives every day, we recognise the responsibility we have to ensure that our environmental impact is as positive as possible. We are part of the Vista Equity Partners portfolio, and this gives us the opportunity to make a bigger difference. Vista have committed to halving the emissions of their portfolio by 2030, and achieving Net Zero by 2050, and we are working alongside our portfolio partners to achieve those reductions.
Our commitment to the Vista Climate Pledge
In 2018, Vista Equity Partners announced the Vista Climate Pledge, a commitment to reduce emissions and improve climate impact across their portfolio. We are playing our own part in achieving this goal, which can create a very positive result for the environment. We are also ready to work with our other portfolio partners to achieve this aim.
We have already made significant strides in reducing our own climate impact, lowering our CO2 emissions and waste production. We are not, however, alone in this journey. We are working alongside a range of partners in the Vista Equity portfolio, so we have a responsibility to share our success and support others to make the same improvements that we have. By working together, we can have a far greater impact than we could hope to on our own.
Our Net Zero progress
We have been measuring our climate impact for several years now, and we have seen a significant move in the right direction. Since 2018, we have reduced our standard measured emissions by 50.9%. This is a clear sign that we are taking the right actions, but we are also widening our measurements to see where else we can make a difference.
Electricity usage is a major factor in emissions for any organisation. In the last three years, we’ve reduced our emissions from electricity by 35%. This has been very important, as electricity accounted for just over 30% of our total annual emissions in our most recent report on our environmental impact.
We are committed to continuously working to reduce our emissions, and this has been shown to be effective. Between 2022 and 2023, we reduced our emissions from our standard measured sources by 23.75%. This follows an ongoing downwards trend since we began our reporting in 2018.
Key factors in our success
One of the cornerstones of our success has been improving the green management of our offices. From energy-efficient lighting to waste reduction initiatives, we have made incremental changes that all make a difference. These efforts not only reduce emissions but also create a healthier and more productive work environment.
We believe that accurate reporting plays a central role in facing any challenge. By ensuring that we have clear and accurate insights into the challenges we face, we are able to make more strategic decisions and targeted changes to improve our environmental impact. This is why we have reported on our emissions since 2018.
Switching to a green energy provider has been key to reducing emissions. By sourcing our energy from renewable sources, we've significantly reduced our carbon footprint for our offices and data centres. This move not only aligns with our sustainability goals but also sets a positive example for our industry and partners.
Our commitment to Net Zero is a clear goal, and a direct example of our work to improve our impact on the world around us. We have an opportunity and responsibility to make a difference through our ethos of Bettering Society. By prioritising sustainability and responsibility in our practice, we are ensuring that our success as a business is also sustainable and reliable.
Learn more about our initiatives and progress in the OneAdvanced Societal Report 2023. Together, we can build a better, more sustainable future.