With a Focus on Energy Efficiency, Emission Reductions and Investing in Sustainable Environmental Projects, Blackbaud Makes Progress Toward its ESG Commitment
"As a company with a longstanding track record of commitment to social good, we prioritize our obligation to operate our business sustainably," said
Blackbaud began its carbon neutral journey by evaluating its Scope 1, 2 and 3 emissions, which included emissions from its owned buildings (Scope 1), emissions from sources that are not owned but controlled—like leased offices (Scope 2)—and then emissions from data centers, cloud services and employee work from home energy consumption (Scope 3).
Reducing emissions has been a top priority for Blackbaud over the past several years. Blackbaud transitioned to a remote-first workforce strategy in 2021, which helped fast-track the company's goals for minimizing environmental impact. Since 2019, Blackbaud has reduced its global real estate footprint by 50%; reduced the energy emissions required to run its office space by 63%; and reduced employee commute emissions by 75%.
With its remote-first strategy, Blackbaud has retained one owned office building—its LEED Gold certified world headquarters in
To balance the remainder of emissions from its business operations, Blackbaud has invested in renewable energy credits (RECs) and carbon offsets. The company purchased Green-e® RECs, which funded clean energy generation at a
This milestone of achieving carbon neutrality builds on Blackbaud's recent sustainability progress. In 2021, Blackbaud formed an ESG steering committee that is co-chaired by CEO
As a next step, Blackbaud will adopt the TCFD framework in its reporting this year and will also report climate data to CDP to continue enhancing transparency around its sustainable operations, and to continue working toward its climate goals. These disclosures help companies outline climate-related risks and their plans to minimize those risks through governance, and by setting targets and measuring against them.
"We've been committed to social good from day one, and our mission is to help good take over the world," said Hutchisson. "Reducing environmental impact and advocating for climate solutions is one way we are bringing that mission to life. Achieving carbon neutrality is a significant step in our journey, but we know there is more work to do, and we remain focused on progress."
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the
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