DGAP-News: TeamViewer AG
/ Key word(s): Sustainability
TeamViewer presents comprehensive sustainability program c-a-r-e with the goal to achieve climate neutrality by 2025
"With our c-a-r-e program we emphasize the importance that access to modern technologies, equality, and CO2 reduction have for us," says Alexander Gührer, CCO & Director Corporate Development. "As part of our efforts, we accelerate our commitment to becoming climate-neutral, now aiming to achieve net-zero no later than 2025 - five years earlier than originally planned."
Sustainability is at the core of TeamViewer's offering. Its products were born out of the need to reduce the necessity for travel and physical presence, which naturally leads to the avoidance of CO2 emissions. This positive impact gets multiplied by a business model granting free access to TeamViewers solutions to private users for non-commercial purposes. TeamViewer and its product portfolio have evolved massively since its founding - but the company still helps its customers to avoid unnecessary travel and thus be more sustainable. By using TeamViewer technology to remotely maintain or repair machines and access devices from mobile phones and computers to heavy equipment, robots and vehicles, distances across the globe can be bridged easily and traveling from one place to another becomes unnecessary in many cases. TeamViewer is therefore enabling companies to limit their carbon footprint and helps avoid approximately 37 megatons of CO2e emissions per year, which is the same as a fully booked A380 flying 7,000 times non-stop from Singapore to New York or the emissions of 11 million average cars in one year.
To monitor and optimize its own footprint, TeamViewer participates in the Carbon Disclosure Project as part of its sustainability reporting. The company also scrutinizes its emissions according to GHG protocol standards, using certified software for calculations and external scientific support. The results show the achievements of TeamViewer's efforts: In 2021, the company reduced CO2e emissions by about one third compared to one year prior.
The name c-a-r-e illustrates TeamViewer's priorities: In its sustainability program the company focuses on Climate neutrality, Access to technology, Reduced emissions and Equality. At the same time, it is a roadmap for concrete steps:
TeamViewer commits to the UN Sustainable Development Goals and developed its sustainability targets on that basis.
Find out more about c-a-r-e here.
TeamViewer is a leading global technology company that provides a connectivity platform to remotely access, control, manage, monitor, and repair devices of any kind - from laptops and mobile phones to industrial machines and robots. Although TeamViewer is free of charge for private use, it has more than 625,000 subscribers and enables companies of all sizes and from all industries to digitize their business-critical processes through seamless connectivity. Against the backdrop of global megatrends like device proliferation, automation and new work, TeamViewer proactively shapes digital transformation and continuously innovates in the fields of Augmented Reality, Internet of Things and Artificial Intelligence. Since the company's foundation in 2005, TeamViewer's software has been installed on more than 2.5 billion devices around the world. The company is headquartered in Goppingen, Germany, and employs around 1,500 people globally. In 2021, TeamViewer achieved billings of EUR 548 million. TeamViewer AG (TMV) is listed at Frankfurt Stock Exchange and belongs to the MDAX. Further information can be found at www.teamviewer.com.
Certain statements in this communication may constitute forward looking statements. These statements are based on assumptions that are believed to be reasonable at the time they are made, and are subject to significant risks and uncertainties, including, but not limited to, those risks and uncertainties described in TeamViewer's disclosures. You should not rely on these forward-looking statements as predictions of future events and we undertake no obligation to update or revise these statements. Our actual results may differ materially and adversely from any forward-looking statements discussed in these statements due to several factors, including without limitation, risks from macroeconomic developments, external fraud, lack of innovation capabilities, inadequate data security and changes in competition levels. The Company undertakes no obligation, and does not expect to publicly update, or publicly revise, any forward-looking statement, whether as a result of new information, future events or otherwise.
Head of Investor Relations and Capital Markets
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|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1337599|
|End of News||DGAP News Service|