SoftwareOne commits to science-based targets

Media Release

SoftwareOne commits to science-based targets

Stans, Switzerland I 9 November 2023 – SoftwareOne Holding AG, a leading global software and cloud solutions provider, has committed to setting science-based emission reduction targets in line with the Science-based Targets Initiative (SBTi), underscoring its commitment to helping prevent the most severe impacts of climate change.

Brian Duffy, CEO of SoftwareOne, said “We plan to reach net-zero by 2030 by further embedding sustainability in our own operations and value chain, and will continue helping our customers advance their sustainability goals. We are proud to join the ranks of other leading companies committed to reducing their carbon footprint and promoting sustainable practices.”

Science-based targets build on the latest climate science to determine what actions are needed to meet the goals of the Paris Agreement – to limit global temperature rise to 1.5°C above pre-industrial levels. They are set by companies and validated by the Science Based Targets initiative (SBTi), a partnership between the Carbon Disclosure Project (CDP), the United Nations Global Compact (UNGC), the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).

SoftwareOne recently published its first ESG report, aligned with the Global Reporting Initiative (GRI) international reporting standard. Committing to the SBTi is an important next step for SoftwareOne to achieving its carbon reduction strategy.

CONTACT

Anna Engvall, Investor Relations

Tel. +41 44 832 41 37, anna.engvall@softwareone.com

FGS Global, Media Relations

Tel. +41 44 562 14 99, press.softwareone@fgsglobal.com

ABOUT SOFTWAREONE

SoftwareOne is a leading global software and cloud solutions provider that is redefining how organizations build, buy and manage everything in the cloud. By helping clients to migrate and modernize their workloads and applications – and in parallel, to navigate and optimize the resulting software and cloud changes – SoftwareOne unlocks the value of technology. The company’s 9,250 employees are driven to deliver a portfolio of 7,500 software brands with sales and delivery capabilities in 90 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange under the ticker symbol SWON. Visit us at www.softwareone.com

SoftwareOne Holding AG, Riedenmatt 4, CH-6370 Stans

ABOUT THE SCIENCE BASED TARGETS INITIATIVE

The SBTi is a partnership between the Carbon Disclosure Project (CDP), the United National Global Compact (UNGC), the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). By signing a commitment letter to the SBTi, companies commit to submitting a near-term or net-zero science-based emissions reduction target in line with SBTi’s target-setting criteria within 24 months. Science-based targets build on the latest climate science to determine what actions are needed to meet the goals of the Paris Agreement, which aims to limit global temperature rise to 1.5°C above pre-industrial levels. These targets are set by companies and validated by the SBTi.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This media release may contain certain forward-looking statements relating to the group’s future business, development and economic performance. Such statements may be subject to a number of risks, uncertainties and other important factors, such as but not limited to force majeure, competitive pressures, legislative and regulatory developments, global, macroeconomic and political trends, the group’s ability to attract and retain the employees that are necessary to generate revenues and to manage its businesses, fluctuations in currency exchange rates and general financial market conditions, changes in accounting standards or policies, delay or inability in obtaining approvals from authorities, technical developments, litigation or adverse publicity and news coverage, each of which could cause actual development and results to differ materially from the statements made in this media release. SoftwareOne assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise.