GlobalData offers a comprehensive analysis of Nemetschek, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of Net Zero and associated ESG keywords, GlobalData delivers valuable information on Nemetschek‘s ESG performance. GlobalData’s company profile on Nemetschek offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
Nemetschek, a software provider for the architecture, engineering, and construction industry, has set a net-zero target and aims to achieve it by 2050. Nemetschek's latest filings mentioned the keywords 'Emissions' and 'CO2' most number of times in relation to 'Net Zero'.
The company has recorded its Scope 1 and Scope 2 emissions for the first time in 2021 and plans to determine its Scope 3 emissions by the end of the fiscal year 2023. In 2021, the company has disclosed its current carbon footprints for scope 1 and scope 2 as 1,413t CO2 and 1,877t CO2 respectively.
Nemetschek has taken steps to reduce its emissions, including the establishment of an HR reporting system and the use of an external software solution to determine its carbon footprint. The company has also invested in energy-efficient building technology, such as sensors and smart building technology, to reduce energy consumption and emissions. Additionally, its multidisciplinary BIM software solution, Allplan, supports sustainable design and construction processes.
However, it is working to obtain a precise overview of its operational emissions to set reduction targets and become more environmentally friendly. Buildings are responsible for 37% of energy-related CO2 emissions, according to the Global Alliance for Building and Construction's Global Status Report 2022. To achieve net-zero emissions by 2050, emissions would have to fall by more than 98% compared to 2020 levels.
In conclusion, Nemetschek has set a net-zero target and is taking steps to reduce its emissions, including investing in energy-efficient building technology and supporting sustainable design and construction processes.