Potential offtaker

TeamViewer AG

www.teamviewer.com

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TeamViewer AG is a German software company that specializes in providing remote access and support solutions for businesses and individuals. Founded in 2005, the company has grown to become a global leader in the application software sector, with a presence in over 200 countries and more than 500 million installations worldwide.

As a technology company, TeamViewer recognizes the importance of decarbonisation and reducing its environmental impact. The company has made a commitment to sustainability and has implemented several initiatives to reduce its carbon footprint. One of the ways it is achieving this is through the use of renewable energy sources.

TeamViewer has implemented a corporate energy strategy that focuses on reducing its energy consumption and increasing its use of renewable energy. The company has set a target of sourcing 100% of its electricity from renewable sources by 2025. To achieve this, it has invested in renewable energy projects, such as wind and solar farms, and is also exploring the use of corporate power purchase agreements (PPAs).

Corporate PPAs are long-term contracts between a company and a renewable energy provider that guarantee a fixed price for electricity over a set period. By entering into a PPA, companies can secure a reliable source of renewable energy and reduce their carbon footprint. TeamViewer has already signed several PPAs with renewable energy providers and is actively seeking new opportunities to increase its use of renewable energy.

In addition to its renewable energy initiatives, TeamViewer is also focused on reducing its overall energy consumption. The company has implemented energy-efficient measures in its offices and data centers, such as using LED lighting and optimizing cooling systems. It has also implemented a company-wide energy management system to monitor and track its energy use and identify areas for improvement.

TeamViewer's commitment to sustainability and decarbonisation is not just good for the environment, but also for its business. By reducing its energy consumption and increasing its use of renewable energy, the company is able to reduce its operating costs and improve its bottom line. It also helps to enhance its reputation as a socially responsible and environmentally conscious company, which can attract customers and investors who value sustainability.

In conclusion, TeamViewer AG is a leading software company that is committed to sustainability and decarbonisation. Through its corporate energy strategy and use of renewable energy sources, the company is reducing its carbon footprint and improving its bottom line. As more companies recognize the importance of sustainability and decarbonisation, TeamViewer's initiatives are setting an example for others to follow.

✓ Science Based Targets member
✓ Declared Net Zero commitment