Sage has pledged to achieve net zero emissions by 2040 and to halve its carbon emissions by 2030, as part of its ambitious new sustainability and society strategy.
Through the strategy – ‘knocking down barriers’ – Sage aims to tackle societal and economic inequality, supporting a new generation of diverse and sustainable businesses as well as playing its part in the race to net zero carbon.
Sage’s ambition is to be a leading sustainable business. The group has assessed its carbon footprint for its own activities and for the energy it purchases, as well as across its value chain, and has submitted its commitment letter to the science-based targets initiative (SBTi). Sage has also signed up to the United Nations Global Compact ‘business ambition for 1.5°C’ and the United Nations Climate Change ‘race to zero.’
Sage is targeting net zero emissions by 2040, with an interim target of halving emissions by 2030, from a baseline of fiscal year 2019. To achieve these targets, Sage will implement emission reduction initiatives including transitioning to renewable energy in all Sage offices, transitioning its car fleet to electric vehicles, and engaging with suppliers to understand better their emission reduction plans.
Steve Hare, Sage CEO said: “Sage is committed to addressing the challenges faced by our communities, society and the environment. Tackling the global climate crisis requires bold action, and through our ambitious plan to reduce carbon emissions and commit to net zero, Sage is determined to play its part. Our ambition is to be a leading sustainable business and to support our customers, partners and suppliers to do the same. Through our new sustainability and society strategy, we will use our technology, time and experience to back and build a new generation of diverse, sustainable businesses, driving meaningful and positive change.”