• Friday, July 26, 2024
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BusinessDay

AVEVA to showcase digital climate solutions at COP28

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AVEVA, a global leader in industrial software, driving digital transformation and sustainability, will demonstrate at COP28 how leveraging data in a connected industrial economy can accelerate the path towards a sustainable future.

As a gold sponsor of the International Chamber of Commerce pavilion within the Blue Zone, AVEVA aims to foster connections between developed economies and the global south, emphasising the pivotal role of data-driven solutions in accelerating the world towards a sustainable future.

AVEVA’s delegation at COP28 will be led by CEO Caspar Herzberg along with Lisa Wee, Head of Global Sustainability; Harpreet Gulati, Senior Vice President, Head of PI System Business; Evgeny Fedotov, Senior Vice President, EMEA; and Nayef Bou Chaaya, Vice President MEA.

Caspar Herzberg, CEO of AVEVA, stressed the urgency of waste reduction, noting that the industrial sector is responsible for a quarter of global emissions. He emphasized how digitalization empowers industrial companies to achieve tangible carbon reductions, even in traditionally energy-intensive industries.

AVEVA’s ambition is to drive low-carbon innovation, promote circularity, and enhance efficiency throughout the value chain, fostering transformative changes in how industries are designed and operated.

AVEVA’s commitment to collaboration and inclusivity is evident in its participation at COP28. Evgeny Fedotov highlighted the need for collective action to drive global decarbonization and emphasized AVEVA’s role in facilitating insightful discussions and building bridges across international communities.

“While AVEVA helps industrial customers optimize their existing processes and operations, we drive innovation, opening up new industry frontiers, that leverage emerging green technologies. Our software empowers teams with connected insights so that they can make the best decisions at speed, ensuring the resilience and efficiency that in turn drive sustainable success. The positive impact our solutions bring to customers is our single biggest opportunity to make a difference in the world.”said Nayef Bou Chaaya, Vice President MEA at AVEVA.

Lisa Wee, Head of Global Sustainability at AVEVA said: “At AVEVA we want to lead by example in the fight against climate change. We have already cut our scope 1 and 2 GHG emissions by 93 percent and we are actively working to reduce the environmental impacts of our value chain. We have made significant progress in delivering solutions that are low carbon by design and have in-built capabilities to enable industries to decarbonize, drive circularity and adapt to the impacts of global warming.”

“Exchanging insights and forging partnerships with forward-thinking businesses, governments and civil society leaders is critical to finding solutions that increase the scale and scope of climate action across the globe. COP28 is an ideal forum to have these discussions, given the breadth of stakeholders convened alongside key national and international policymakers capable of actively contributing to our collective endeavor for decarbonization.”

Harpreet Gulati, Senior Vice President, and Head of PI System Business at AVEVA, said: “Harnessing the potential of green hydrogen could avoid up to 80 gigatons of cumulative CO² emissions by 2050, contributing to as much as 20% of total abatement required to drive the net-zero economy. The hydrogen sector will require a new transportation, distribution, and regulatory approach to operate successfully as an alternative fuel. Combining this with the latest digital twin and AI-enhanced capabilities, industries can discover new paths to drive efficiency and decarbonise.”