With a focus on energy efficiency, reducing emissions and investing in sustainable environmental projects, Blackbaud is progressing towards its ESG commitment
CHARLESTON, SC, April 18, 2022 /PRNewswire/ — Black Baud (NASDAQ: BLKB), the global leader in cloud software for social good, today announced that it has achieved carbon neutrality across its operations and data centers by 2021, and will engage with the Climate Financial Disclosure and Working Group (TCDF) and CDP to ensure transparency in sustainability reporting and progress. With a multi-pronged climate strategy, Blackbaud is focused on reducing its emissions, using energy efficiently and investing in environmental projects for a more sustainable future.
“As a company with a long history of commitment to social good, we prioritize our obligation to operate our business in a sustainable manner,” said Rachel Hutchison, Vice President, Global Social Responsibility, Blackbaud. “We are committed to doing our part for climate change by calculating and reducing our emissions, investing in renewable energy and sustainable projects, and working with our employees, customers and partners to collectively advance our efforts.”
Blackbaud began its journey to carbon neutrality by assessing its scope 1, 2 and 3 emissions, which included emissions from its own buildings (scope 1), emissions from sources that are not owned but controlled – such as offices rented (Scope 2) – then emissions from data centers, cloud services and employee work from home energy consumption (Scope 3).
Reducing emissions has been a top priority for Blackbaud over the past few years. Blackbaud went to a remote first workforce strategy in 2021, accelerating the company’s goals for reducing environmental impact. Since 2019, Blackbaud has reduced its global real estate footprint by 50%; reduced the energy emissions needed to operate its offices by 63%; and reduced by 75% the emissions related to the commuting of employees.
With its remote-priority strategy, Blackbaud retained an office building in ownership, its LEED Gold certified global headquarters in Charleston, South Carolina. This building uses solar energy and operates with 30% more energy efficiency and 20% less water than other buildings in its class. Blackbaud also has strong waste reduction and wellness programs in place to create a healthy and sustainable campus.
To balance out the rest of the emissions from its business operations, Blackbaud has invested in renewable energy credits (RECs) and carbon offsets. The company bought Green-e® The RECs, which have financed the production of clean energy at a South Dakota wind farm, to account for its Scope 2 emissions. To reduce the effects of Scope 1 and Scope 3 emissions, Blackbaud supports several carbon offset projects, including Mississippi reforestation of the valley in the United States, community reforestation in Ghana and one portfolio of global renewable energy projects.
This important step towards carbon neutrality builds on Blackbaud’s recent progress in sustainability. In 2021, Blackbaud formed an ESG steering committee co-chaired by the CEO Mike Gianoni and overseen by the Board of Directors. Blackbaud has also joined the United Nations Global Compact, which focuses on aligning business activity with the United Nations Sustainable Development Goals (SDGs). Earlier this year, the company made a six-figure multi-year donation to Project Drawdown, a 501(c)(3) nonprofit organization and a leader in research, communication and engagement on science-based climate solutions. Blackbaud’s donation supports Project Drawdown’s efforts to reach educators, students, professionals, and a general audience of individual changemakers interested in climate change and solutions. Project Drawdown partners with Blackbaud to consult on environmental strategy and provide training opportunities for Blackbaud employees on how to apply climate solutions in their own lives and how to become climate advocates.
As a next step, Blackbaud will adopt the TCFD framework in its reporting this year and will also report climate data to CDP to continue to improve transparency around its sustainable operations and to continue working towards its climate goals. This information helps companies describe climate-related risks and their plans to minimize those risks through governance, and by setting and measuring targets.
“We have been committed to social good from day one, and our mission is to help good take over the world,” Hutchisson said. “Reducing environmental impact and promoting climate solutions is one of the ways we bring this mission to life. Achieving carbon neutrality is an important step on our journey, but we know there is still work to be done. do and we remain focused on progress.”
Blackbaud (NASDAQ: BLKB) is the global leader in cloud software for social good. Serving the entire social good community – non-profit organizations, institutions of higher education, K-12 schools, healthcare organizations, faith communities, arts and culture organizations, foundations, companies and individual change agents – Blackbaud connects and enables organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility (CSR) and the environment, governance (ESG), school management, ticketing, grant making, financial management, payment processing and analysis. Serving the industry for over four decades, Blackbaud is a remote company based in Charleston, South Carolinawith operations in United States, Australia, Canada, Costa Rica and the UK. For more information, visit www.blackbaud.com or follow us on Twitter, LinkedIn, instagram and Facebook.
Except for historical information, all statements, expectations and assumptions in this press release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected product benefits and product features. some products. Although Blackbaud attempts to be precise in making these forward-looking statements, it is possible that future circumstances will differ from the assumptions on which these statements are based. In addition, other important factors that could cause actual results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals of existing customers; continued success in sales growth; management of the integration of acquired companies and other risks related to acquisitions; risks associated with the successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with managing growth; long sales and implementation cycles, especially in large organizations; technological changes that make our products and services less competitive; and other risk factors set forth from time to time in Blackbaud’s filings with the SEC, copies of which are available free of charge on the SEC’s website at www.sec.gov or upon request to Blackbaud’s Investor Relations Department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
SOURCE Blackbaud, Inc.