Environmental Sustainability

Five megatrends shape our future

Demographic change

Aging society impacting healthcare systems
Productivity improvements as main GDP growth driver in particular mature markets
Heterogeneous population growth among regions impacting labor development and migration

Urbanization

Urbanization especially in developing regions
Increasing investment in buildings and infrastructure
Increasing demand for urban transport and logistics

Globalization

From globalization to glocalization
Shifting center of gravity from EU27 and USMCA to RCEP and India
Demand for higher resilience

Environmental change

Climate change
Biodiversity loss
Pollution
Increasing material extraction and circular economy

Digitalization

Digital value creation
Connectivity and IoT
Automation
Artificial intelligence
Industrial metaverse
Cybersecurity

Why should Organizations Care about the Environment and Sustainability?

If we continue with our current rate of CO2 emissions, we are poised to witness a rise in global average temperatures by approximately two degrees Celsius. Such a temperature shift signifies not just a numerical change but a drastic upheaval in our environmental patterns. To make a difference, businesses need to accelerate their emission reduction strategies, targeting net zero emissions by 2050. The business case for sustainability extends beyond just environmental responsibility. Addressing climate change can lead to significant reductions in operating costs, spanning areas such as materials, water, heating, electricity, and waste management. This is the moment for businesses to pivot towards a low-carbon future.

How Market Cloud Measures Our Sustainability

Reduce waste

We monitor the amount of waste generated in our supply chain, pinpointing avenues to reduce, reuse, and recycle materials. Collaborating with local organizations that specialize in extracting value from waste streams can considerably enhance a business’s waste management profile

Producing designs that promote wasteful habits inadvertently fuels an already resource-draining system. We separate paper, plastics, and general waste efficiently.

Optimize energy consumption

Excessive energy consumption not only strains the electrical grid but also inflates operational costs—expenses that can be effectively curtailed. A thorough review of how we manage heating, cooling, lighting, and the utilization of equipment and appliances considerably reduces our energy footprint.

When it comes to lighting, we switched from conventional light bulbs to LEDs and incorporated smart sensors to extinguish lights when not in use.

Regarding equipment, replacing outdated and less efficient models with their energy-saving counterparts marked a difference, especially during peak electricity demand periods.

Encourage employees to adopt sustainable habits

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CO2 emission reduced last year

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Trees that can absorb in a year

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Renewal Energy consumption

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Certifications IS0 14001, Ecovadis

Promote Planting Trees

Trees observe carbon dioxide when they grow, reducing the amount of greenhouse gases in the atmosphere and slowing climate change. Restoring degraded forests creates habitat for many species. Trees help to filter storm water runoff and pollutants; this reduces flash flood risks and prevents wind and water erosion. Keeps healthy and happy well-being for all communities in daily lives

Technology drives sustainability

We combine the real and digital worlds to empower our customers to become more competitive, resilient, and sustainable

We support our customers across three impact areas

Decarbonization & energy efficiency

Accelerating towards net-zero

Reaching net-zero is the greatest challenge of our time, and entire industries have to adapt the way they operate.

Resource efficiency & circularity

Scaling circularity

It’s time for the world economy to shift. Our consumption patterns are depleting resources, increasing waste, and harming the environment, while businesses face pressure to innovate, remain competitive, and build resilience.

Digitalization

Transforming societies

Communities, cities, and entire societies are changing. Demographic shifts, urbanization, climate change, and new migration patterns are challenging us to ensure that change is for the better.

Market Clouds’ portfolio enables sustainable transformation

EU’s environmental objectives

Climate change mitigation

Climate change adaptation

Protection and restoration of biodiversity and ecosystems

Pollution prevention and control

Sustainable use and protection of water and marine resources

Transition to a circular economy

Our businesses drive Sustainability Impact

Responsible Business Practices

A global, risk-based compliance system – Ethics and integrity are the basis for sustainable business practices

Market Cloud maintains a zero-tolerance policy for corruption, legal violations, and breaches of our Business Conduct Guidelines. We are unwavering in our commitment to act ethically, legally, and with the utmost integrity in all our interactions, without exception.

Market Cloud focuses on ethical guidelines, transparency, accountability, and a culture of respect. These include creating clear ethical guidelines, encouraging open communication, taking responsibility for actions, and reporting unethical behavior.

Market Cloud is committed to training all employees on our Business Conduct Guidelines within a three-year cycle. By the end of this fiscal year, the 'Doing the Right Thing!' BCG training will have been completed by 90% of our active employees worldwide, with a current KPI showing 87% completion.

We are committed to upholding ethical standards and responsible business practices in the development and use of AI-based products, ensuring that we prioritize the well-being of our employees, customers, partners, society, and the environment to promote responsible AI.

Environmental Sustainability

Five megatrends shape our future

Demographic change

Urbanization

Globalization

Environmental change

Digitalization

Why should Organizations Care about the Environment and Sustainability?

How Market Cloud Measures Our Sustainability

Reduce waste

Optimize energy consumption