Teradata Releases 2021 ESG Report

Aug 3, 2022 | San Diego

In 2021, Teradata considerably decreased its annual greenhouse fuel emissions (GHG), formalized its ESG program, and continued to obtain recognition for its ESG efforts

Teradata (NYSE: TDC) launched as we speak its 2021 ESG report, which particulars the corporate’s efforts to advance its dedication to environmental sustainability; promote range, fairness, and inclusion; be a optimistic pressure within the communities through which Teradata staff work and stay; and function ethically all through all sides of the enterprise. 

“At Teradata, we imagine that information can change the world for the higher, and with our main Vantage information and analytics platform, we’re serving to our prospects obtain their ESG ambitions at scale,” mentioned Steve McMillan, CEO at Teradata. “But it surely’s not simply our prospects which have lofty ESG targets. We additionally take company social duty significantly and perceive its vital affect on our long-term enterprise prospects. The individuals of Teradata present their dedication to ESG on daily basis – working collectively to create a future that’s environmentally sustainable, nurturing a tradition and work atmosphere the place everybody can thrive, working ethically in all enterprise dealings, and creating optimistic social change in our communities.”

To entry Teradata’s full 2021 ESG report click on right here.

Teradata’s 2021 ESG Report highlights embody:

Local weather Motion

In 2021, Teradata set a greenhouse fuel emission discount goal, guided by science-based targets, to scale back absolute (Scope 1 and a pair of) GHG emissions by 37% by 2033 from the 2018 baseline. Continued closure of places of work in the course of the pandemic, the corporate’s transition to a hybrid office, information heart consolidation, and extra vitality methods taken collectively have decreased Teradata’s absolute GHG emissions by 43%, exceeding the aim 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.

Range, Fairness, Inclusion and Anti-Racism

Since 2019 Teradata has taken half within the CEO Motion Pledge for Range and Inclusion, a CEO-driven enterprise dedication to advance range and inclusion within the office. In 2020, the corporate created a Teradata Pledge to Range, Fairness, and Inclusion for the chief management staff, and, in 2021, expanded the pledge to ask all staff. Teradata additionally established a DEI Advisory Board to assist its aim of making a tradition of belonging and to drive the corporate’s anti-racism pledge and dedication to range, 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 the complete 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 establish, coordinate, measure, and advance Teradata’s ESG priorities and targets. 

Teradata has additionally elevated its ESG accountability by way of the newly added TCFD based mostly reporting index to reinforce the GRI/SASB based mostly report that the corporate already makes use of.

Present reporting indexes embody:

GRI: International Reporting Index

SASB: Sustainability Accounting and Requirements Board

TCFD: Job Pressure 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.