Feb 19, 2025

TeamViewer ranks #1 in the enterprise software sector in the Morningstar Sustainalytics ESG Risk Rating

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    We are excited to share that TeamViewer has been recognized as the top-rated software company worldwide in the enterprise software sub-industry section by Morningstar Sustainalytics in their latest ESG risk assessment.

    TeamViewer now proudly ranks #1 among over 350 companies in the enterprise software sub-industry and has secured an impressive #2 position out of nearly 1,000 companies in the entire software industry.

    Our 2024 ESG Risk Rating score of 7.4, an improvement of 2.5 points from the previous year, reflects our commitment to sustainability and ethical business practices. This rating evaluates TeamViewer’s performance across critical ESG areas, including human capital, data privacy and cybersecurity, business ethics, and more.

    Michael Wilkens Chief Financial Officer at TeamViewer

    “I am proud to see our continued progress across all areas of ESG, with our environmental management ambition and continued focus on driving an ethical and safe business for all our stakeholders.  This serves as a tangible demonstration to our customers, employees, shareholders, and society in general, of our genuine commitment to sustainability guided by our c-a-r-e framework.”

    TeamViewer has committed to the Science-based Targets Initiative (SBTi) and aims to reduce its greenhouse gas emissions by 90% to reach net-zero by 2040, 10 years earlier than recommended by the SBTi. We also give great importance to protecting our customers' data and investing in our cyber security infrastructure by staying up to date with worldwide recognized cyber security certifications.

    Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks. This multi-dimensional way of measuring ESG risk combines the concepts of management and exposure to arrive at an assessment of ESG risk, i.e. a total unmanaged ESG risk score or the ESG Risk Rating, that is comparable across all industries. Sustainalytics identifies five categories of ESG risk severity that could impact a company’s enterprise value: negligible (0-10), low (10-20), medium (20-30), high (30-40) and severe (40+).