Aug 3, 2024
TeamViewer maintains AAA score in MSCI ESG Rating
We are pleased to announce TeamViewer has once again achieved an AAA rating in the MSCI ESG Rating for 2024 — maintaining our leading position in the rating. Our overall score has improved from 6.8 to 7.1. We remain committed to improving our performance and making a positive impact in the key areas of environmental, social and governance.
As of 2024, TeamViewer ranks in the top 13% of global companies in the Software and Services industry. The MSCI ESG Rating report evaluates business practices related to the three main ESG pillars, rating each area a score between 0 and 10. TeamViewer received the following scores:
- Environmental: 6.4
- Social: 6.9
- Governance: 7.5
Our governance score of 7.5 positions us among the highest-scoring companies in our sector and underscores our leadership in governance practices both locally and globally.
Michael Wilkens, Chief Financial Officer at TeamViewer, said, "Securing another AAA rating is a strong endorsement of our dedication to sustainable practices. It not only validates our ongoing initiatives but also motivates us to push further. Our commitment to sustainability is an integral part of our business strategy, ensuring that we deliver long-term value to our stakeholders and make a positive contribution to the global community.”
TeamViewer is deeply committed to its global sustainability framework c-a-r-e, with specific targets including achieving Net-Zero by 2040 – 10 years earlier than proposed by the Science Based Targets initiative.
In line with our sustainability goals, TeamViewer remote connectivity solutions enable customers to reduce their carbon footprint by minimizing travel. A recent study showed that TeamViewer users and customers avoided 41 million tons of CO2 emissions, primarily by reducing the need for travel through remote connections. Our Product Carbon Footprint (PCF) has also been verified to ensure transparency and allow our customers to track their environmental impact.
We look forward to continuing our journey towards sustainability and making a significant positive impact on our industry and the world.