In 2021, Teradata considerably diminished its annual greenhouse gasoline emissions (GHG), formalized its ESG program, and continued to obtain recognition for its ESG efforts
Teradata (NYSE: TDC) launched at the moment its 2021 ESG report, which particulars the corporate’s efforts to advance its dedication to environmental sustainability; promote variety, fairness, and inclusion; be a constructive drive within the communities during which Teradata staff work and reside; and function ethically all through all aspects of the enterprise.
“At Teradata, we consider that knowledge can change the world for the higher, and with our main Vantage knowledge and analytics platform, we’re serving to our prospects obtain their ESG ambitions at scale,” stated Steve McMillan, CEO at Teradata. “But it surely’s not simply our prospects which have lofty ESG objectives. We additionally take company social accountability severely and perceive its vital influence on our long-term enterprise prospects. The individuals of Teradata present their dedication to ESG day-after-day – working collectively to create a future that’s environmentally sustainable, nurturing a tradition and work setting the place everybody can thrive, working ethically in all enterprise dealings, and creating constructive social change in our communities.”
To entry Teradata’s full 2021 ESG report click on right here.
Teradata’s 2021 ESG Report highlights embrace:
Local weather Motion
In 2021, Teradata set a greenhouse gasoline emission discount goal, guided by science-based targets, to cut back absolute (Scope 1 and a pair of) GHG emissions by 37% by 2033 from the 2018 baseline. Continued closure of places of work through the pandemic, the corporate’s transition to a hybrid office, knowledge heart consolidation, and extra power methods taken collectively have diminished Teradata’s absolute GHG emissions by 43%, exceeding the objective by 8% and 12 years forward of schedule. Teradata has additionally introduced a net-zero emissions ambition and is creating science-based plans and a timeline to attain this ambition.
Variety, Fairness, Inclusion and Anti-Racism
Since 2019 Teradata has taken half within the CEO Motion Pledge for Variety and Inclusion, a CEO-driven enterprise dedication to advance variety and inclusion within the office. In 2020, the corporate created a Teradata Pledge to Variety, Fairness, and Inclusion for the manager management staff, and, in 2021, expanded the pledge to ask all staff. Teradata additionally established a DEI Advisory Board to help its objective of making a tradition of belonging and to drive the corporate’s anti-racism pledge and dedication to variety, fairness and inclusion in our office.
ESG Governance & Management
Throughout 2021, Teradata formalized its ESG program with the creation of its Company Citizenship Council, comprised of senior leaders from capabilities throughout all the group. The corporate’s Chief Authorized Officer and Chief Monetary Officer each function government sponsors and oversee the operation of the council. This cross-functional group works collectively to determine, coordinate, measure, and advance Teradata’s ESG priorities and goals.
Teradata has additionally elevated its ESG accountability by the newly added TCFD based mostly reporting index to enhance the GRI/SASB based mostly report that the corporate already makes use of.
Present reporting indexes embrace:
GRI: International Reporting Index
SASB: Sustainability Accounting and Requirements Board
TCFD: Process Drive on Local weather-Associated Monetary Disclosures
ESG Recognition
Teradata has been centered on sustainability and being a accountable company citizen for years. All through 2021, Teradata was acknowledged for its ongoing dedication to ESG—starting from inclusion within the Dow Jones Sustainability World Index, the 2021 Company Equality Index of the Human Rights Marketing campaign, Ethisphere Institute’s roster of the World’s Most Moral Corporations, Barron’s Prime 100 Sustainable Corporations, and extra.
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