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  • Our Corporate Financial Climate Contribution Journey

    Matias Degiuseppe
    BlogLife At SimScaleOur Corporate Financial Climate Contribution Journey

    Our mission is quite clear: we exist to empower every engineer to innovate faster by making engineering simulation truly accessible at any scale. We know that our contribution will positively affect our future as climate change mitigation requires enormous amounts of engineering innovation in a short time.

    As one of our values says, “We walk the talk”. For this reason, we knew we had to engage as an organization in concrete sustainability actions that would leverage the efforts that many organizations and individuals around the world are making to achieve the global goals defined in the Paris Agreement.

    In 2022, we began this journey by establishing an ESG (Environmental, Social, and Governance) task force composed of different SimScale professionals who dedicate time over and above their daily tasks to discuss and find solutions to the problems inherent to this area.

    The work of the task force was focused on defining a clear and precise ESG strategy based on sustainability principles and governance. These were the foundations that allowed much more ambitious plans to be put in place, such as our Carbon Neutrality Project.

    It was during the same year that SimScale conducted its first-ever Corporate Carbon Footprint measurement for the year 2021. Together with our partner ClimatePartner, we collected and processed all the information required by the GHG Protocol in order to ensure that our processed data was complete.

    The process of data collection, measurement, reporting, and analysis took approximately one month and yielded the following results:

    Emission SourceEmissions (t CO2)Share (%)
    Scope 100%
    Scope 26.065.7%
    Scope 399.7194.3%
    Overall Results105.77100%

    After obtaining accurate information on our corporate carbon footprint, we decided to offset 100% of our emissions by financing a project. Three projects were considered and after a vote from all SimScale employees, we decided on a solar energy project in Morocco. This project is significant for the region as it increases the availability of clean, renewable energy while minimizing the exploitation of greenhouse gas fossil fuels, a clear accelerator of global warming.

    We know that this is only the beginning of a path with which we hope to lead by example in the preservation and care of our environment. For this reason, during the year 2023, we have been working on, and have on our roadmap, the following projects:

    • Measurement of our 2022 corporate carbon footprint and comparative analysis of the results
    • Definition of sustainable travel and procurement policies
    • Continue to offset our carbon emissions that could not be reduced with the sustainable measures introduced
    • Encourage a culture of sustainable consumption of our resources in the office
    • Lay the groundwork for the design of a long-term net zero emissions plan

    Stay tuned for more insights into SimScale and see what the team has been up to on our @lifeatsimscale Instagram feed. Want to start your own SimScale story? Make sure to keep an eye on our careers page for possible openings!


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