New C-FACT Methodology Challenges Companies to Reduce Emissions to Meet
Recommended Reduction Target for Climate Stabilization
SAN RAFAEL, Calif.--(BUSINESS WIRE)--Nov. 9, 2009--
Inc. (NASDAQ:ADSK), a world leader in 2D and 3D
design, engineering and entertainment software, has developed a new
and more rigorous methodology for corporate greenhouse gas (GHG) target
setting. Autodesk developed the Corporate
Finance Approach to Climate-Stabilizing Targets (C-FACT) to align
its own GHG reduction targets with global scientific and policy climate
C-FACT is more science-driven, business-friendly, and transparent than
current methodologies being used by most companies. In measuring its GHG
emissions, Autodesk aims to lead the field in taking responsibility not
just for direct emissions, but also for a wide range of indirect
emissions including business travel, leased facilities, employee
commuting, major conferences, and data center vendors. Uniquely, these
are all included under Autodesk’s new GHG target.
“Corporate GHG target setting has become a little like the Wild West,
with few laws, little scrutiny, and quite a bit of aimless shooting,”
said Emma Stewart, senior program lead for Autodesk’s sustainability
initiative. “C-FACT takes a different approach that accommodates the
normal changes to our business. And we are challenging other companies
to reduce their GHGs in line with scientific and policy climate
stabilization targets of 85 percent by 2050.”
Autodesk’s C-FACT advocates that companies adopt a normalized goal using
a more nuanced approach that recognizes they are GHG emitters but
simultaneously create economic value. It takes the 2008 BT Climate
Stabilization Intensity model a step further by changing the measure of
added value to be universally acceptable by any accounting system, and
it introduces new mathematical principles that allow it to be:
Proportional, Replicable and Verifiable: Corporate commitments
should be proportional to the company’s value to the economy, while
holding performance accountable with replicable and verifiable
Non-prescriptive, Flexible, and Predictable: Allows individual
business units to make decisions and commit to targets to; adapts to
short-term deviations from the target trajectory; predictable
forecasting incorporated into business planning and optimization of
Compatible and Fair: Compatible with generally accepted
corporate finance principles and fair to companies of all sizes, GHG
footprints, and growth prospects.
Autodesk has committed to C-FACT through 2020, as well as performance
reports against the stated target at the close of each fiscal year (FY).
Using the new methodology calculation to set targets for FY10, Autodesk
will aim to reduce its absolute emissions by 4.52 percent compared to
FY09, translating to 3,756 metric tons of GHG.
“This is a major step forward for Autodesk, but also for corporate GHG
target setting in general,” said Lynelle Cameron, Autodesk’s director of
sustainability. “Businesses increasingly want to set ambitious GHG
targets without compromising business growth or compatibility with
accounting practices. Like many software makers, Autodesk’s GHG
footprint is insignificant, from a climate perspective, compared to a
large industrial manufacturer. But C-FACT can now be applied as a best
practice by any company – and that is significant.”
Between FY08 and FY09, Autodesk’s total GHG footprint increased by one
percent. This absolute increase in emissions was accompanied by a
significant increase in contribution to gross domestic product (GDP), so
Autodesk’s carbon intensity per unit of added value dropped. Carbon
intensity also dropped per employee (by nine percent) and per square
foot (by five percent) between those two years.
To further its understanding of indirect emissions upstream and
downstream, Autodesk’s Sustainability Initiative recently undertook the
footprint of AutoCAD
software. The study examined different phases of the product’s life in
the US, including raw material extraction, transportation, product
manufacturing, distribution and end of life. The study identified the
most carbon-intensive activities in the traditional physical delivery
method, and demonstrated that software download is nearly five times
more carbon efficient than the distribution of a fully packaged product.
Autodesk is using the results of the study to educate its customers
about the carbon benefits of software download, as well as to further
investigate viability of alternate distribution methods.
Autodesk, Inc., is a world leader in 2D and 3D
design, engineering and entertainment software for the
manufacturing, building and construction, and media and entertainment
markets. Since its introduction of AutoCAD software in 1982, Autodesk
continues to develop the broadest portfolio of state-of-the-art software
to help customers experience their ideas digitally before they are
built. Fortune 100 companies -- as well as the last 14 Academy Award
winners for Best Visual Effects -- use Autodesk software
tools to design, visualize and simulate their ideas to save time and
money, enhance quality, and foster innovation for competitive advantage.
For additional information about Autodesk, visit www.autodesk.com.
Autodesk is committed to sustainability not only by the way it operates
and manages its own business, but with the development of sustainable
design software, making it easier for architects, designers, and
engineers to understand the environmental impact of their decisions
early in the design process. Autodesk products such as Autodesk Ecotect
Analysis software or the recent integration of Autodesk Inventor
software with Sustainable
Minds help companies make sustainable design practices easier, more
efficient, and less costly.
To learn more about Autodesk’s commitment to sustainability initiatives
at Autodesk, please visit www.autodesk.com/green
Autodesk, AutoCAD, Ecotect, and Inventor are registered trademarks or
trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates
in the USA and/or other countries. Academy Award is a registered
trademark of the Academy of Motion Picture Arts and Sciences. All other
brand names, product names or trademarks belong to their respective
holders. Autodesk reserves the right to alter product offerings and
specifications at any time without notice, and is not responsible for
typographical or graphical errors that may appear in this document. ©
2009 Autodesk, Inc. All rights reserved.
© 2009 Autodesk, Inc. All rights reserved.
Source: Autodesk, Inc.
Michael Cabot, +1-415-547-2439