At the World Economic Forum at Davos recently, ratings agency Corporate Knights announced their Global 100 Most Sustainable Corporations list from a more than 4,000-company starting universe, and we are excited to be ranked #5. We’re proud of this ranking, but as I’ll explain in this post, we measure our own sustainability progress a bit differently — not as being the most environmentally efficient, as the Global 100 emphasizes, but in being the most sustainably innovative.
This is no sour grapes — we are pretty environmentally efficient. Our high ranking on the Global 100 is based largely on our environmental productivity scores, such as Carbon Productivity, which is a measure of how much revenue we generate per unit of carbon, and the similarly derived Energy Productivity.
We enjoy a bit of a sector bump, as software companies generally make a lot of money from limited environmental capital — I often joke that our supply chain consists of electricity and coffee! — but in our case, our Carbon Productivity (revenue per unit carbon) is 75% higher than the next-best software company, and our Energy Productivity is 20% higher. This means that we’re squeezing more value from the environmental resources we consume — which in our case is mainly gasoline, jet fuel and electricity for our travelers and our developers.
But we don’t think this is the end of our story. With more than 175,000 companies designing, engineering, simulating, manufacturing, storing and searching their products on our 3DEXPERIENCE platform, we have the potential to influence a far greater swath of the world’s environmental footprint than that from our own operations. As we build sustainable innovation tools into our Apps and Experiences, these will make the planes you fly in, the vehicles you drive, the clothes you buy and the devices you communicate with more sustainable. Through sustainable innovation, we can “move the needle” on a scale far greater than our own footprint, creating a positive impact that Greg Norris of Harvard University calls a “handprint“.
So if our positive handprint outweighs our negative footprint — we’re convinced it does, but we’re doing some work now to back this up — then Dassault Systèmes will be a net positive organization. That is, the world will be better off with our company serving it.
As our CEO Bernard Charlès said in a recent interview, “A product exists within nature, its components come from nature, and it will likely, eventually, decompose back into the natural world. How much a part of the natural world is it? How much does creating it, using it, and disposing of it distort or damage the natural world around it? How much energy does it require across this entire life cycle? We try to develop solutions to help our customers explore these questions so that they can make the most informed, sustainable decisions possible.”
This is the extent of our sustainable innovation vision: to rank highly not just on sustainable indices, but on the scale of society, the economy, and the biosphere, by helping our customers achieve a positive environmental impact on the planet and grow their own businesses sustainably.