CFOtech Asia logo
Technology news for Asia's CFOs and financial decision-makers
Story image

TeamViewer to be climate neutral in three years time

Global technology company TeamViewer has pledged to achieve climate neutrality by 2025 and launched its new sustainability program c-a-r-e.

The company says c-a-r-e emphasises the connection between business model, product promises and corporate culture in the context of caring for the environment.

TeamViewer says the new model places all of the company's sustainability activities under one roof, defining clear commitments, targets, and measures, which include ensuring a third of its management positions are held by women in two year's time.

TeamViewer CCO and director of corporate development Alexander Ghrer says c-a-r-e highlights the importance that access to modern technologies, equality, and CO2 reduction has for the company.

"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," he says.

What does c-a-r-e stand for?

1. Climate neutrality

In line with the Science Based Targets initiatives (SBTi) 1.5 C goal, TeamViewer is committed to achieving climate neutrality no later than 2025.

2. Access to technology

TeamViewer leverages the free application of its software for non-commercial and socially beneficial use, thus democratising technology and making it more inclusive.

3. Reduced emissions

With its solutions, TeamViewer says it enables customers to avoid emissions and delivers climate-neutral products sourced 100% from green energy.

4. Equality

TeamViewer says it's committed to fostering a diverse working environment free of discrimination and is planning to increase the representation of women in management across all levels to at least 33% by the end of 2024.

Sustainability at the core

TeamViewer says its products were born out of the need to reduce the necessity for travel and physical presence. Although its product portfolio has evolved drastically since its founding, it 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 travelling from one place to another becomes unnecessary in many cases.

As a result, TeamViewer says it enables companies to limit their carbon footprint. The company gives examples, such as approximately 37 megatons of CO2e emissions per year, 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.

TeamViewer says it participates in the Carbon Disclosure Project to monitor and optimise its footprint as part of its sustainability reporting.

The company also scrutinises its emissions according to GHG protocol standards, using certified software for calculations and external scientific support. In 2021, the company reduced CO2e emissions by about one third compared to one year prior.

Related stories
Top stories
Story image
Digital Transformation
Kyndryl announces Kyndryl Bridge to drive business growth
Kyndryl Bridge uses operational data patterns and IP to improve and accelerate its AI-powered analytics and business objectives
Story image
Business Intelligence
IDC finds the majority of executives expecting a recession
59% of respondents believe 2023 will be a recession year. Of these, nearly 30% believe we are amidst a recession. Another 26% expect a recession in later 2022.
Story image
Digital Transformation
Smartsheet reveals new product innovations during Engage
New features on data visibility, project control and third-party solution integration are in store for local Smartsheet customers.
Story image
Digital Transformation
Ensono delivers cloud economics with engineering resources
The new service offers access to global cloud engineering and DevSecOps experts focused on accelerating digital transformation.
Story image
Digital Transformation
Alibaba Cloud unveils roadmap for international business
The Chinese firm commits US$1 billion to boost ecosystem capabilities while showcasing new products and comprehensive customer support for complete services.
Story image
Digital Transformation
Air Liquide successfully deploys Workday HCM across APAC
Air Liquide has successfully deployed Workday Human Capital Management (HCM) to digitally transform its HR processes and capabilities throughout Asia Pacific.
Story image
Software-as-a-Service
TinyML SaaS to become a billion-dollar market by 2030
ABI Research forecasts that TinyML SaaS revenue will exceed US$220 million in 2022 and potentially become a billion-dollar market by 2030.
Story image
Digital Boost Alliance
Digital Boost Alliance celebrates one year of digital acceleration in Aotearoa
The Digital Boost Alliance is a joint public-private initiative that supports the uptake of digital tools for small businesses, communities, and individuals.
Story image
Fintech
Why it makes sense to turn your finance function into a powerful business asset
Giving the members of your finance team the chance to develop professionally is good for their careers and your business.
Story image
Appointments
Tech job moves - Atturra, Boomi, Kacific & Milestone Systems
We round up all job appointments from August 30 - September 9, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Software Defined Wide Area Network
ConvergeOne a Cisco Gold Partner, receives Powered Service designations
ConvergeOne has once again achieved Cisco Gold Partner status as well as Powered Service designations across Cisco SD-WAN, Managed Business Communications, and Managed Unified Contact Center.
Story image
Artificial Intelligence
Industrial cybersecurity market to be US$43.5 billion by 2032
The global industrial cybersecurity market is expected to be worth US$20.7 billion in 2022, rising to US$43.5 billion by 2032.
Story image
Cybersecurity
Cyber security incidents more common in APAC - report
Chief financial officers in the Asia Pacific are woefully uninformed about their company's cyber security risks, according to a new report.
Story image
Machine learning
Oracle announces MySQL HeatWave for Amazon Web Services
MySQL HeatWave is a service that combines OLTP, analytics, machine learning, and machine learning-based automation. 
Story image
Tech job moves
Tech job moves - Accenture, Cohesity, Commvault & SnapLogic
We round up all job appointments from September 12-16, 2022, in one place to keep you updated with the latest from across the tech industries.
Story image
Digital commerce
VTEX and Adyen partner to extend unified commerce experience
"Through our partnership we are creating an all-in-one place that allows sellers to meet customers where they are in the buying process and unlock opportunities."
Story image
Cloud
MES software investment to reach $5.4 billion in 2031 - report
ABI Research predicts that MES software will reach US $5.4 billion in 2031 as manufacturers embrace new offerings that foster greater productivity.
Story image
Transparency
LexisNexis shines light on need for financial inclusion
The survey of banks, insurers and non-bank financial institutions aims to better understand financial institutions' commitment to financial transparency.
Story image
Subscriptions
Denodo launches subscription options for mid-sized orgs
Denodo has announced two new subscriptions of its Denodo Platform that are designed to help mid-market businesses.
Story image
iOS
Microsoft announces a variety of new updates to Windows 11
The company says that ​last year’s launch of Windows 11 gave the PC a new outlook and that customer feedback has reflected that it is the most loved version of Windows ever.
Story image
Sustainable IT
IBM LinuxONE servers help clients reach sustainability goals
IBM has unveiled the next generation of its LinuxONE server, a highly scalable Linux and Kubernetes-based platform intended to support thousands of workloads in the footprint of a single system.
Story image
Satellite technologies
Kacific wins big at the World Business Outlook Awards
The Kacific Group has been recognised in the World Business Outlook Awards for providing high-quality broadband services and infrastructure throughout APAC.
Story image
Digital Transformation
The need for digital transformation frameworks today
A digital transformation framework is a formalised plan for how, when and what strategic upgrades a company should make to core systems and processes.
Story image
Ransomware
Absolute recognised in KuppingerCole Leadership Compass 2022
The company's Absolute Secure Access was recognised for its ability to protect users and resources while improving the remote worker experience.
Story image
Data
Businesses still losing mission-critical company data
The loss of critical data continues to disrupt businesses and remain an issue for organisations, according to a new study from Arcserve. 
Story image
Artificial Intelligence
Artificial Intelligence in cybersecurity - Future Market Insights
It is projected that revenue through the software segment in the AI in the cybersecurity market will grow at 15.8% CAGR during the forecast period. 
Story image
Cloud
UiPath strengthens Snowflake partnership, launches integration
UiPath and Snowflake are enabling joint customers to design and build workflows based on 360-degree views of data on Snowflake’s platform.
Story image
Artificial Intelligence
Singapore businesses fall behind in meeting customer expectations
Singapore businesses lag behind in their ability to act on customer feedback, and the speed at which they address it, according to Zendesk.
Story image
Data Privacy
Asia’s data privacy landscape is ‘coming of age’ – how can businesses cope?
Identity theft and online fraud are becoming more prevalent than ever. A recent IBM study revealed that stolen or compromised credentials were responsible for 19% of data breaches this year.
Story image
Business
Accenture solutions help companies promote diversity, inclusion and equity
Research from experts at Accenture and other third-party sources has revealed some alarming statistics about employees' professional wellbeing and work attitude.
Story image
Verizon
Cybersecurity threats finance sector facing more cunning
The financial sector continues to be victimised by motivated organised crime, with servers being involved in 90% of financial breaches.
Story image
Digital Transformation
Nanyang Technological University Singapore builds digital brand presence
Leveraging the customisation features of Sitefinity DX, non-technical users could upload content and create design pages and boost work productivity. 
Story image
Customer Relationship Management
Remarkable Group announces latest specialist agency, Unify
As a specialist agency, Unify uses connected data to help companies utilise information to drive smarter business decisions, grow sales and improve CX.
Story image
Future Tech
Top seven CIO disruptions highlighted by Gartner
CIOs need to consider “what if” scenarios to avoid being blindsided by social, behavioural and technological disruptions, according to Gartner.
Story image
Digital Transformation
Nintex Promapp mobile app to deliver process-in-your-pocket
Nintex launches the Nintex Promapp mobile app, enabling users to gain efficiencies via process management, irrespective of their location.
Story image
Cloud
Frost & Sullivan recognises Tata Communications with five awards
Frost & Sullivan has recognised Tata Communications with the 2021 Indian Company of the Year Awards in five categories: managed security, SD-WAN, cloud interconnect, multi-cloud, and video managed services.
Story image
Data analytics
Bluesky launches Snowflake innovation to optimise workloads
Bluesky has formally launched with its first product that provides greater visibility into Snowflake workload usage and costs.
Story image
Cloud platforms
Salesforce partners with Snowflake and introduces ‘Hire Me’ button
According to a recent Salesforce report, 73% of customers expect companies to understand their unique needs and expectations
Story image
Cloud
Banking-as-a-Service to hit mainstream within two years
Some 30% of banks with greater than $1bn in assets will launch BaaS for new revenue by the end of 2024, but half will not meet revenue expectations.
Story image
Artificial Intelligence
CUE Group expands operations at its Singapore hub
The Singapore-headquartered digital technology group has doubled down on its expansion into the Southeast Asian region.