GlobalData offers a comprehensive analysis of Progress Software, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Progress Software‘s ESG performance. GlobalData’s company profile on Progress Software 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.
Progress Software, a global software company, is committed to reducing its carbon emissions. In 2022, the company reported a total emission of 4,298.75 tons of CO2e. The company has been monitoring its carbon emissions, including scope 1 (direct emissions from owned or controlled sources), scope 2 (indirect emissions from the generation of purchased electricity), and scope 3 (indirect emissions from the company's value chain).
Progress Software has actively worked towards reducing its carbon emissions by implementing various measures. The company now tracks emissions from company-owned and leased vehicles, as well as utility usage in three major co-located data centers. Despite a slight increase of 1.23% in office emissions, Progress Software has efficiently reduced its overall energy consumption by 6.44%. The company acknowledges the need for further improvements, especially in reducing reliance on fossil fuels for grid power, primarily coal.
In addition to tracking emissions, Progress Software has implemented initiatives to support sustainability. These include using wind energy to power its Limerick office in Ireland, organizing an Earth Day Cleanup in its Brno office in Czechia, and installing new coffee machines in its Sofia office to reduce waste.
In conclusion, Progress Software is actively addressing its carbon emissions by tracking various sources. The company has made progress in reducing energy consumption in office spaces and is implementing sustainability initiatives, demonstrating its commitment to making a positive impact on the environment.