Cimdata Logo

Industry Summary Articles

Friday, February 18, 2022

iPoint commits to ambitious climate target

iPoint has set an ambitious climate target which has been validated by the Science Based Targets initiative (SBTi). SBTi has approved the targets covering greenhouse gas emissions from iPoint’s operations (scopes 1 and 2) as consistent with reductions required to keep global warming to well-below 2°C, a goal in line with the Paris Climate Agreement of 2015. In the long term, the Germany-based software company with 14 locations around the globe is ambitious to bring its measures in line with the 1.5°C target.

SBTi is a partnership between the Carbon Disclosure Project (CDP), the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). The initiative helps participating companies establish science-based targets to reduce greenhouse gas emissions and independently assesses companies’ targets. “In our two-decade company history, we have focused on people and their impact on the environment, thus defining sustainable action, including measures and tools supporting the protection of the environment and climate, as central pillars and motivating factors from the start,” Joerg Walden, founder and CEO of iPoint, explains. “In our products and services as well as in our corporate measures, we continuously put this into practice. Joining other ambitious businesses and financial institutions working with the SBTi to reduce their emissions in line with climate science is only a consistent further step in this direction.”

Since 2017, iPoint has been a member of the United Nations Global Compact, the world’s largest voluntary corporate sustainability initiative. Additionally, since 2019, Dr. Katie Boehme, Director People & Communications at iPoint, has been an elected member of the steering committee of the German Global Compact Network as a business representative. iPoint is also actively committed to sustainability goals within the company. For example, within the last year, the number of alternatively powered company cars has been increased from 20 to 30 percent. In addition, iPoint only uses electricity from renewable sources at its two largest German locations in Reutlingen and Hamburg. To continuously measure and improve the company's environmental performance, iPoint's headquarters in Reutlingen has an environmental management system.

iPoint's product and service portfolio also makes a significant contribution to climate protection. Back in 2012, the company was named Cool Vendor in “Green IT and Sustainability” by technology research and consulting firm Gartner. For more than 20 years, iPoint has been supporting and accompanying companies on their way to sustainability. For example, in the form of the LCA software iPoint Product Sustainability, which companies use to calculate the greenhouse gas emissions of their products over their entire life cycle. Often, more than 80 percent of a company's climate impact occurs in the supply chain. The resulting transparency enables decision-makers to set an optimal course for product development as well as manufacturing and raw material sourcing processes, to reduce greenhouse gas emissions, avoid them altogether through product innovations, or quantify and compensate for the remaining climate impact. “Businesses taking science-based climate action benefit from greater opportunities for innovation and the chance to develop sustainable business models that strengthen investor confidence and improve competitiveness. Through our work, we are very familiar with the subject of measuring and reducing emissions,” emphasizes Joerg Walden. “The clear commitment to limiting global warming to well-below 2°C in line with what the latest climate science says was a matter of course for us. And developing and implementing measures for our own contribution to this target is something we take seriously, but it won't be difficult for us.”

To view the original press release, please click here.

Search for iPoint Systems on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.