
AVEVA unveils key learnings from AVEVA 2024 Sustainability Report
As of 2024, AVEVA has completed green product design maturity assessments for all its products and has measured the emissions intensity for 85% of its solutions
AVEVA maintained a 93% reduction in scope 1 and 2 emissions
Dubai, United Arab Emirates – AVEVA, a global leader in industrial software, has launched its 2024 Sustainability Report. Alongside a substantial update on progress against the company's targets and green product roadmap; the report shows how software, which enables companies to unify trusted information and insights, can drive responsible use of the world's resources.
AVEVA's 2024 Sustainability Report, revealed significant progress across all three pillars of the company's sustainability framework: technology handprint, operational footprint and inclusive culture. In 2024, the company maintained its 93% reduction in scope 1 and 2 emissions against its baseline year through a combination of measures including: the pivot to using renewable energy, careful management of office space and fleet optimisation. By the end of 2024, AVEVA had assessed the maturity of its entire product portfolio against the Green Software Foundation's principles, reinforcing its commitment to sustainable software development. In parallel, research and development teams had completed power bench testing for 85% of its products to evaluate energy consumption. Combined, these efforts are helping to establish a baseline that will guide future improvements aligned with green software principles.
'We believe that sustainability and business success go hand in hand,' says Caspar Herzberg, CEO, AVEVA. 'We're focused on helping our customers harness the full potential of industrial intelligence, bringing visibility and insight to complex data and processes. This empowers the industry to achieve measurable improvements in both efficiency and productivity, unlocking significant savings in costs, emissions and resource requirements. AVEVA's 2024 Sustainability Report demonstrates the strides we've made to deepen our technology handprint, reduce our operational footprint and advance our inclusive culture.'
AVEVA recognises that its biggest opportunity to make a positive climate impact is through its core products and customers. For the first time, the company has released an annual saved and avoided emissions figure, reflecting the material energy savings observed for a specific portion of its products. AVEVA is committed to refining and expanding this calculation of measurable saved and avoided emissions over time.
'As we enter the final year of our 2025 targets, we're focused on meeting our goals and chartering an even bolder path with our sustainability framework. We know that the biggest impact comes from our software handprint – how we work with our customers to enable them to drive decarbonisation, become more resilient and support circularity. This is why we're publicly reporting our 2024 customer saved and avoided emissions data for select industry sectors. We're committed to expanding our methodology to capture and quantify our broader impact. At AVEVA, we are continuing to advance towards a sustainable future, driving digital transformation through our software and leading by example with responsible operations,' adds Lisa Wee, CSO, AVEVA.
Read more here: https://www.aveva.com/sustainability-report/.
About AVEVA
AVEVA is a global leader in industrial software, sparking ingenuity to drive responsible use of the world's resources. Over 90% of leading industrial enterprises rely on AVEVA to help them deliver life's essentials: safe, reliable energy, food, medicines, infrastructure and more. By connecting people with trusted information and AI-enriched insights, AVEVA helps them engineer capital projects more efficiently, operate better and create sustainable value, from the plant to the cloud and beyond. Through our industrial intelligence platform, CONNECT, and our trusted and secure information management applications enriched with industrial AI, AVEVA empowers businesses to drive deeper collaboration between teams and to accelerate insight across their ecosystem of suppliers, partners and customers.
Named as one of the world's most innovative companies, AVEVA's open solutions draw on the expertise of more than 6,000 employees, 5,000 partners and 5,700 certified developers. The company, which has operations around the globe, is headquartered in Cambridge, UK. Learn more at www.aveva.com.
Copyright © 2025 AVEVA Solutions Limited. All rights reserved. AVEVA Solutions Limited is owned by AVEVA Group Limited. AVEVA, the AVEVA logos and AVEVA product and service names are trademarks and service marks of AVEVA Group Limited or its subsidiaries. Other brands and product names are the trademarks of their respective companies.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Khaleej Times
27 minutes ago
- Khaleej Times
UAE: Why school principals say CBSE's biannual board exam is student-friendly
Indian school principals in the UAE have welcomed the Central Board of Secondary Education's (CBSE) decision to introduce biannual Class 10 board exams starting 2026, calling it a ' student-friendly reform ' aimed at easing exam-related stress. As per the revised guidelines, the first phase of the board exam will be held in February and will be mandatory for all students, while the second phase in May will be optional. In a significant relief for students, the best score from either attempt will be retained for the final result — offering them a better chance at academic success without the pressure of a single high-stakes exam. The decision represents a significant transformation in India's education system, aligning with the key goals of the National Education Policy (NEP) 2020, which prioritises student-focused learning and aims to ease exam-related pressure. Lalitha Suresh, Principal/CEO, GEMS Our Own Indian School said, 'There will not be many changes from the present structure of examinations. In the new model, the first round of examinations will be finished sooner, and results will be declared earlier. Only those students who wish to improve their results will have to appear for the second round of examinations. These students will be impacted, as they will miss some days of the new academic year. Students who have not qualified in the main examination will be allowed provisional admission into Class 11, with their admission then confirmed based on their results in the second examination.' 'This is a positive move from CBSE, aimed at reducing examination stress among students. I am sure pupils will benefit from this new scheme,' he added. Principals also clarified that marks from this single internal assessment will apply to both attempts. While the first set of exams in February will be mandatory for all and the second exam in to be held in May is optional, it is worth noting, that students will be allowed to improve performance in a maximum of three subjects only. Challenges Shedding light on the implications of this decision on schools and teachers, Dr S. Reshma, Principal / School Director, Gulf Indian High School Dubai, said, 'Academic calendar adjustment will be necessary where schools must realign annual plans to prepare students for an earlier February exam. Summer exam attempt will add an additional planning cycle post-results. Teachers will experience increased workload as they will be required to prepare revision plans again, conduct internal assessments earlier, and support both exam cycles. Administrative coordination for exam logistics, invigilation, and result analysis will intensify. Deploying staff and scheduling during both exam phases has to be more careful in allocation.' School leaders also emphasised that extended academic support and remedial classes may be required post-February for May aspirants. Echoing similar challenges, Deepika Thapar Singh, Principal, Credence High School, said, 'The changes to the CBSE Class 10 board exams from 2026 bring several significant implications for schools and teachers, especially in terms of scheduling, workload, pedagogy, and internal assessments. More intense planning will be needed to balance academic coverage with deep learning. Teachers must prepare students for two board exam windows, including identifying and mentoring students for improvement attempts. Teachers will analyse first-attempt performance and help students select subjects to retake in May.'


Khaleej Times
an hour ago
- Khaleej Times
JV set to offer high-impact advisory services across Middle East, Türkiye, and Africa
Siraj Holding, a leading private investment firm in the UAE, in collaboration with AWR Lloyd Gulf Partners, will bring high-impact advisory services to bluechip corporates, family businesses, private equity and public sector clients across the Middle East, Türkey, and Africa (Meta) region, its senior official says. Alexander Wood, CEO of AWR Lloyd, said the successful joint venture in Islamic finance and Takaful will offer long term trust-based relationships, on-the-ground support and a customised approach to its customers. Excerpts from the interview: Please provide a brief introduction to AWR Lloyd and Siraj Holding. AWR Lloyd has a 25-year trackrecord providing strategy consulting and mergers and acquisitions (M&As) advisory services to bluechip corporates, family businesses, private equity and public sector clients. Last year the Financial Times ranked AWR Lloyd as one of the top-10 fastest growing consulting firms in the Asia-Pacific region. Siraj Holding, chaired by Ahmed Khalaf Al Otaiba, is a dynamic UAE-based private investment firm that has grown rapidly since its founding in 2019. With successful ventures in Islamic finance and Takaful, Siraj Holding is now extending its capabilities into strategic consulting through a joint venture with AWR Lloyd (AWR Lloyd Gulf Partners) to bring high-impact advisory services to the Middle East, Türkey, and Africa (Meta) region. How will AWR Lloyd Gulf Partners be different from other consultancies in the region? The mainstream consultancies in the region tend to offer standardised services from a global playbook. But we believe 'off-the-shelf' and 'one-size-fits-all' consulting does not work. Long term trust-based relationships, on-the-ground support and a customised approach are critical in the Middle East and Asia. Combining the deeply rooted multi-generational relationships established across the region by the owners of Siraj Holding with AWR Lloyd's well-established reputation for innovative and bespoke advisory, AWR Lloyd Gulf Partners offers something very different. AWR Lloyd Gulf Partners will offer highly customised strategies tailored to each client's unique context and challenges. Our services are grounded both in global best practice and an in-depth understanding of the region, assisting clients in unlocking long-term value. What will key areas of focus be for AWR Lloyd Gulf Partners? We bring specialist expertise in the areas of Energy Transition, Sustainability Transformation, Smart Infrastructure and regional cross-border investment and M&A (e.g. Asia-GCC, GCC-Asia, Türkey-Africa). Importantly AWR Lloyd emphasises that 'real sustainability' is about more than just having decarbonisation plans or scoring high on ESG indices. It's also about having effective crisis resiliency strategies. We live in an age of cascading polycrisis: wars, terrorism, climate change, natural disasters, pathogen outbreaks, systemic collapse, mass psycho-social crises and the threat of nuclear conflict. Public and private sector organisations must put in place real and effective contingency plans in place now. This is an area of focus for AWR Lloyd. During the pandemic AWR Lloyd worked closely with FHI 360, one of the world's leading humanitarian emergency NGOs, to provide Crisis Management, Project Continuity and Crisis Recovery services to clients across Asia-Pacific and specifically to multi-billion dollar energy construction projects in the Middle East (Iraq and UAE). AWR Lloyd has recently signed an MOU with the Indonesian Industrial Estate Association to provide Catastrophic Crisis Resiliency services to their members. This proprietary service will also now be offered to clients in the Meta region via the new joint venture with Siraj Holding.


Khaleej Times
an hour ago
- Khaleej Times
Dubai: A global hub for business and the impact on the short-term rental market
Dubai, a city synonymous with ambition, luxury, and relentless growth, has firmly cemented its position as a global hub for business, finance, and tourism. This strategic positioning, coupled with a proactive government vision, has fostered an environment that constantly attracts world-class conferences, exhibitions, and events. This booming conference scene, in turn, has a profound impact on Dubai's short-term rental market, driving demand, shaping trends, and creating lucrative opportunities for property owners and professional management companies alike. The city secured a record 437 bids for international business events in 2024, a 20 per cent year-on-year increase, with an aim to host 400 global economic events annually by 2025. These include world-renowned trade shows like Gitex and Arab Health, major cultural festivals, and sporting events, which collectively draw in millions of visitors annually. In 2024, Dubai welcomed 18.72 million international overnight visitors, a 9 per cent year-over-year increase that surpassed the previous record of 17.15 million in 2023. These attendees, a significant portion of whom are business travellers, delegates, and exhibitors, often require flexible, short-term accommodation that goes beyond the traditional hotel offering. The short-term rental market provides a diverse range of options from studio apartments to luxury villas, catering to varied budgets and preferences. The most immediate impact is the significant increase in demand for short-term rentals, especially during peak conference seasons. This leads to higher occupancy rates for holiday homes, outperforming traditional hotel stays in many prime locations. For instance, average occupancy rates for short-term rentals in Dubai can reach as high as 85-95 per cent per cent during busy periods, evidence of the strong demand driven by business tourism. The hotel sector's average occupancy rate in 2024 was 78.2 per cent, up from 77.4 per cent in 2023, with occupied room nights rising to 43.03 million. This heightened demand allows property owners to implement dynamic pricing strategies. During major conferences and events, nightly rates for short-term rentals can soar, leading to substantially higher rental yields compared to long-term leases. A typical short-term rental listing in Dubai was booked for 255 nights a year with a median occupancy rate of 70 per cent and an average daily rate of Dh620 in 2023. This lucrative potential has attracted many investors to acquire properties specifically for the short-term rental market, with a typical host income reaching Dh156,000 in 2023. While leisure tourists remain a significant segment, the conference scene brings in a distinct type of guest: the business traveler. These individuals often seek properties that offer more space, privacy, and amenities conducive to work, such as dedicated workspaces, high-speed internet, and fully equipped kitchens. This has led to a greater emphasis on furnishing and equipping properties to meet the needs of this discerning clientele. Proximity to major exhibition centres, business districts, and transportation hubs becomes a crucial factor for short-term rental properties catering to conference attendees. Areas like Downtown Dubai, Business Bay, Dubai Marina, and proximity to the Dubai World Trade Centre experience particularly high demand during business events, as convenience and ease of commute are key for delegates. Within this evolving landscape, several trends are emerging. While luxury properties have traditionally dominated Dubai's short-term rental scene, there's a growing recognition of the need for mid-market and budget-friendly options. Not all conference attendees or business travellers are looking for ultra-luxury, and a broader range of price points allows Dubai to cater to a wider audience, further bolstering its appeal as a conference destination. This segment offers attractive returns for investors due to consistent and predictable demand. The short-term rental market is also increasingly leveraging technology to enhance efficiency and guest experience. This includes AI-powered dynamic pricing algorithms, smart home solutions for seamless check-ins and energy management, and virtual reality tours for prospective guests. Property management platforms are becoming more sophisticated, offering owners real-time insights into their property's performance. In a competitive market, providing exceptional guest experiences is crucial. This goes beyond just a clean and well-maintained property; it includes personalised recommendations, responsive communication, and tailored amenities. Companies are focusing on creating a 'home away from home' atmosphere, often incorporating local touches and offering concierge-style services. The global rise of remote work has led to an increase in digital nomads seeking longer-term short-term rentals, i.e. monthly stays. Dubai's attractive visa options and high quality of life make it a popular choice, with Dubai maintaining its position as a top global destination for long-term remote workers. Dubai government bodies such as the Department of Economy and Tourism (DET), have been proactive in regulating the short-term rental market. Licensing requirements, quality standards, and tourist fees ensure a structured and secure environment for both hosts and guests. This regulatory framework fosters trust and contributes to the sustainable growth of the market. Within this evolving landscape, professional property management firms are essential in navigating the complexities and maximising the potential of the short-term rental market. Companies like Frank Porter, for instance, offer comprehensive services that span the entire lifecycle of a short-term rental property, from initial setup and interior styling to dynamic pricing, multi-platform marketing, and round-the-clock guest support. By leveraging technology and expertise, these businesses help property owners maximise their returns while ensuring a seamless and high-quality experience for guests, whether they are business travellers attending a conference or tourists exploring the city. In conclusion, Dubai's growing conference and events calendar is a key catalyst for the growth and evolution of its short-term rental market. The continuous influx of business travellers and delegates creates consistent, year-round demand for flexible accommodation, leading to higher occupancy rates and attractive rental yields. The impact of mega-events like Expo 2020 (which attracted over 24 million visitors) has also been significant, contributing to a surge in short-term rentals and increased property values and rental yields in key areas. As the city continues to expand its global reach and attract diverse visitors, the short-term rental sector is set for further innovation, with technology and professional management increasingly defining its trajectory. The writer is CEO and Founder of Frank Porter.