TeamViewer introduces a comprehensive sustainability care program with the aim of achieving climate neutrality by 2025

DGAP-News: TeamViewer AG / Keyword(s): Sustainability
TeamViewer introduces a comprehensive sustainability care program with the aim of achieving climate neutrality by 2025
28.04.2022 / 10:00
The issuer is solely responsible for the content of this announcement.

TeamViewer introduces a comprehensive sustainability care program with the aim of achieving climate neutrality by 2025

Goppingen, Germany, April 28, 2022 – TeamViewer, one of the world’s leading providers of remote connectivity and workplace digitalization solutions, presents careits own sustainability program which emphasizes the link between business model, product promises and corporate culture in the context of sustainability.

TeamViewer’s goal is to create a world that works better – in every way. Carefully, TeamViewer bundles its sustainability activities under one roof, setting clear commitments, goals and metrics on its way to becoming an even more sustainable company.

“With our care program, we underline the importance that access to modern technologies, equality and CO2 reduction have for us”, says Alexander Gührer, CCO & Director Corporate Development. “As part of our efforts, we are accelerating our commitment to becoming climate neutral, now aiming to reach net zero no later than 2025 – five years earlier than originally planned.”

Sustainability is at the heart of TeamViewer’s offering. Its products were born from the need to reduce the need for travel and physical presence, which naturally leads to avoiding CO2 emissions. This positive impact is multiplied by a business model granting free access to TeamViewers solutions to private users for non-commercial purposes. TeamViewer and its product portfolio have evolved enormously since its inception – but the company is still helping its customers avoid unnecessary travel and therefore be more sustainable. By using TeamViewer technology to remotely service or repair machinery and access devices from cell phones and computers to heavy equipment, robots and vehicles, distances around the world can be easily bridged and the movements of a place to another become unnecessary in many cases. TeamViewer thus enables companies to limit their carbon footprint and avoids approximately 37 megatons of CO2e emissions per year, which is equivalent to a full A380 flying 7,000 times non-stop from Singapore to New York or the emissions of 11 million average cars in a year.

To monitor and optimize its own footprint, TeamViewer participates in the Carbon Disclosure Project as part of its sustainability report. The company also monitors its emissions according to the standards of the GHG protocol, using certified software for the calculations and external scientific support. The results show the achievements of TeamViewer’s efforts: in 2021, the company reduced CO emissions2e emissions by about a third compared to the previous year.

The name care illustrates TeamViewer’s priorities: in its sustainability program, the company focuses on VSneutral neutrality, Aaccess to technology, Rreduced emissions and Equality. At the same time, it is a roadmap for concrete steps:

  • VSClimate Neutral: In line with the Science Based Targets Initiative (SBTi) 1.5C goal, TeamViewer is committed to achieving climate neutrality no later than 2025.

  • AAccess to Technology: TeamViewer leverages the free application of its software for non-commercial and socially beneficial use, democratizing technology and making it more inclusive.

  • RReduction of emissions: Through its solutions, TeamViewer enables customers to avoid emissions and provides climate-neutral products from 100% green energy.

  • Equality: Committed to fostering a diverse and discrimination-free work environment, TeamViewer will increase the representation of women in leadership at all levels to at least 33% by the end of 2024 and celebrate cultural diversity with a tolerance policy zero on discrimination.

TeamViewer is committed to the United Nations Sustainable Development Goals and has developed its sustainability goals based on this.

Learn more about care here.

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About TeamViewer

TeamViewer is a leading global technology company that provides a connectivity platform to remotely access, control, manage, monitor and repair devices of all kinds – from laptops and cell phones to industrial machinery and robots. Although TeamViewer is free for private use, it has over 625,000 subscribers and enables companies of all sizes and in all industries to digitize their critical processes through seamless connectivity. Against the backdrop of global megatrends such as device proliferation, automation and new work, TeamViewer is proactively shaping digital transformation and continuously innovating in the areas of Augmented Reality, Internet of Things and Technology. ‘artificial intelligence. Since the company was founded in 2005, TeamViewer software has been installed on more than 2.5 billion devices worldwide. The company is headquartered in Goppingen, Germany, and employs approximately 1,500 people worldwide. In 2021, TeamViewer achieved billings of 548 million euros. TeamViewer AG (TMV) is listed on the Frankfurt Stock Exchange and is owned by MDAX. Further information can be found at www.teamviewer.com.

press contact

Martina Dier
Such. : +49 (0) 7161 60692 410
Email: [email protected]

IMPORTANT NOTICE

Certain statements contained in this communication may constitute forward-looking statements. These statements are based on assumptions that are believed to be reasonable at the time they are made, and are subject to significant risks and uncertainties, including, but not limited to, the risks and uncertainties described in TeamViewer’s statements. You should not rely on these forward-looking statements as predictions of future events and we undertake no obligation to update or revise these statements. Our actual results may differ materially and adversely from any forward-looking statements discussed in these statements due to several factors, including, but not limited to, risks related to macroeconomic developments, external fraud, lack of innovation capabilities, inadequate data security and changes in levels of competition. The Company undertakes no obligation and does not expect to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Contact:
Carsten Keller
Head of Investor Relations and Capital Markets

28.04.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ryan H. Bowman