Decarbonizing our offerings and operations

There is an urgent need to mitigate climate change to protect the planet and people. As greenhouse gas emissions constitute our most material environmental impact, we commit to decarbonize our offerings and operations.

We commit to reduce our energy consumption by

  • Moving our own and our clients’ operations from on-premise data centers to the cloud (mainly Microsoft Azure) for improved data center energy efficiency 
  • Exploring new ways of developing and delivering energy-efficient solutions and services to improve overall carbon footprint for our clients 
  • Reducing air travel and improving virtual collaboration 
  • Reducing food waste at SimCorp headquarters by setting up mandatory registration for lunch and pre-portioning food 

Achievements for 2022

  • Onboarding of five existing and five new clients on energy-efficient hosting on Microsoft Azure
  • Scope 2 emissions (market-based) reduced by 10.8%
  • Planned phase-out of leased combustion engine vehicles

Initiatives planned for 2023

  • Initiate CSRD aligned climate change transition plan
  • Expand our Scope 3 accounting to include:
    • use of sold products emissions, i.e. emissions related to clients using our offerings
    • employee commuting emissions
    • all 'purchased goods and services' emissions
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