Evitec Solutions’ Sustainability report 2024 details unified approach to ESG achievements
Evitec Solutions has released its 2024 sustainability report, detailing significant progress across environmental, social, and governance (ESG) metrics. Key achievements include a 12.1% reduction in total carbon emissions and achievement of the critical ISO 27001 information security certification. We also implemented new internal policies for sustainable software development, green coding and ethical artificial intelligence.
We at Evitec Solutions want to be part of developing a more equal, safe, and flourishing world for all. Our Sustainability values are the guiding principles which direct our commitments. These commitments include United Nations (UN) Sustainable Development Goals (SDGs), UN Global Compact (GC) and regulatory requirements.
Read our report: Sustainability Report 2024.
ESG Highlights from 2024
On the environmental front, the report’s main highlight is the 12.1% decrease in the company’s total carbon footprint. This was largely driven by a 52.6% reduction in Scope 2 emissions, attributed to the adoption of green electricity and emission-free heating.
The company also formalized and integrated new Green Coding Guidelines into its software development lifecycle (SDLC). Green coding practices include writing more efficient code, reducing unnecessary network requests, and choosing energy-efficient libraries to reduce energy consumption in product development.
In parallel with environmental measures, Evitec has introduced AI Guidelines to ensure its innovations are developed responsibly. The report states these ethical principles focus on fairness, data privacy, and human oversight, while aligning with regulations like the EU AI Act. The goal is to deploy AI to solve tangible problems for its financial sector customers, such as automating lending processes, enhancing finance industry customer service, and generating smarter analytics.
From a governance perspective, the company achieved the critical ISO 27001 certification for information security management, and an EcoVadis Silver medal, which places Evitec in the 86th percentile of companies rated globally.
On the social front, the report notes that in 2024 women make up 26% of personnel and 24% of management positions. To actively advance workplace equality and inclusive leadership, Evitec joined the UN’s Target Gender Equality Accelerator program. The report also highlights the launch of Evitec’s internal LEAD (Learn, Engage and Accelerate Development) program, which is designed to create clear and holistic career paths for its employees.
Sustainability as part of strategy
Evitec’s Sustainability report frames the distinct achievements as part of a unified strategy. We integrate environmental responsibility, strong governance, and ethical business practices into all aspects of our work.
Ilkka Starck, CEO at Evitec Solutions, comments in the report:
— Our customers remain at the heart of everything we do. As we look ahead, we remain focused on creating sustainable impact through the solutions we deliver, the partnerships we nurture, and the culture we cultivate. Together, we are building a resilient, responsible, and forward-looking Evitec Solutions.
As a partner, we believe our success is tied to our customers’ success. By embedding sustainability into our operations and innovations, we help our customers grow responsibly and adapt to change with confidence.
Read more about Sustainability at Evitec Solutions.
Find all Sustainability reports:
Sustainability Reports
Evitec Solutions’ Sustainability Report includes statements of commitment from our CEO and Chairman of the Board, reflection on our Sustainability Values, our EcoVadis score and action plan, and details about our Sustainability Journey.