Potential offtaker

CVENT Inc.

www.cvent.com

Estimated electricity consumption

N/A

Countries of production presence

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CVENT Inc. is a leading technology company that provides event management software and services to event planners and organizers. The company is headquartered in Tysons, Virginia, and operates globally, with offices in the United States, Europe, Asia, and Australia. CVENT's mission is to revolutionize the events industry by creating innovative solutions that streamline the planning process, enhance attendee engagement, and drive business results.

CVENT's products and services include event registration, venue sourcing, mobile event apps, onsite check-in, and event analytics. The company's cloud-based platform is designed to help event planners manage every aspect of their events, from initial planning to post-event analysis. CVENT's clients include corporations, associations, universities, and government agencies, and the company has been recognized as a leader in the event technology industry by Gartner, Forrester, and other industry analysts.

In recent years, CVENT has been focused on sustainability and decarbonisation, recognizing the importance of reducing its environmental impact and contributing to the global effort to combat climate change. The company has implemented a number of initiatives to reduce its carbon footprint, including the adoption of renewable energy and the implementation of energy-efficient technologies.

One of CVENT's key sustainability initiatives is its corporate energy program, which aims to reduce the company's energy consumption and increase its use of renewable energy. The program includes a range of measures, such as energy-efficient lighting and HVAC systems, virtual meetings and telecommuting, and the installation of solar panels and other renewable energy sources.

CVENT has also implemented a corporate power purchase agreement (PPA) to support the development of renewable energy projects. Under the PPA, the company has committed to purchasing a portion of the output from a wind farm in Texas, which will generate enough electricity to power the equivalent of 5,000 homes. The PPA not only supports the development of renewable energy but also provides CVENT with a stable, long-term source of energy at a predictable cost.

In addition to its corporate energy program and PPA, CVENT has also implemented a range of other sustainability initiatives, such as waste reduction and recycling programs, green procurement policies, and employee engagement programs. The company has set ambitious sustainability targets, including a goal to reduce its greenhouse gas emissions by 25% by 2025, and is committed to reporting on its progress and engaging with stakeholders on sustainability issues.

CVENT's commitment to sustainability and decarbonisation is driven by a recognition of the importance of addressing climate change and the role that businesses can play in contributing to the global effort. The company's sustainability initiatives not only reduce its environmental impact but also contribute to its bottom line by reducing costs, enhancing its reputation, and attracting customers who value sustainability.

In conclusion, CVENT Inc. is a leading technology company that provides event management software and services to event planners and organizers. The company is committed to sustainability and decarbonisation, and has implemented a range of initiatives to reduce its environmental impact and contribute to the global effort to combat climate change. CVENT's corporate energy program, corporate PPA, and other sustainability initiatives demonstrate the company's commitment to sustainability and its recognition of the importance of addressing climate change. CVENT's sustainability initiatives not only reduce its environmental impact but also contribute to its bottom line by reducing costs, enhancing its reputation, and attracting customers who value sustainability.