137 How are digital technologies helping the industrial sector to achieve this essential sustainability transformation? We believe technology helps companies accelerate their path to achieving the Paris 1.5C goals by enabling them to operate more efficiently and conserve energy across their operations. As industrial software leaders, AVEVA and Microsoft support customers’ drive to net zero by enabling them to accelerate efficiency and resilience with data and artificial intelligence-infused solutions and analytics. Our solutions, combined with Microsoft’s leading cloud services, help customers to quantify their carbon output and take steps to reduce it. What are the differences between Scope 1, 2 and 3 carbon emissions, and how easy are they to reduce? Scope 1 and 2 emissions are those generated by our daily operations, such as running a fleet of corporate cars, or operating our businesses. They typically account for a small part of a company’s carbon footprint and are generally easier to track and reduce. However, Scope 3 emissions comprise about 97 per cent of our total carbon footprint. These challenging emissions result from activities up and down the value chain, such as when we buy, use and dispose of products from suppliers. But there is one more area of consideration, and that is what is sometimes called Scope 4. What are Scope 4 carbon emissions, and why do they matter? Scope 4 most commonly refers to emissions generated outside the value chain or life cycle of a product, but that occur as a result of it being used. These are emissions that can be avoided. At AVEVA, we refer to this positive impact that our products can have on reducing our customer’s carbon footprint as our ‘sustainability handprint’. For example, an energy producer can slash emissions by using our software to operate more efficiently. Our software, including many of the solutions developed in partnership with Microsoft, offers businesses the capabilities to understand the carbon footprint of a plant, or to look at different sustainability criteria right at the start, during the engineering phase. Through our handprint, we’re able to help our customers significantly reduce emissions. On this front, we’ve teamed up with the World Economic Forum on the 2030Vision initiative, to help fast-track technology that advances the global goals and accelerate sustainability-related research and development. Read AVEVA’s 2022 sustainability progress report at: www.aveva.com/en/about/sustainability/esgreporting/2022-sustainability-progress-reports/ INDUSTRIALS & MANUFACTURING “ Climate is a crosscutting issue for us all, and we’re running out of time to resolve it” Photo: Getty Images/Galeanu Mihai
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