Atlassian Plans to Reach Net Zero Emissions by 2050: Sets Ambitious Goals to Fight Climate Crisis

Bangalore: Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of team collaboration and productivity software and the maker of Jira, Confluence, Bitbucket and Trello products, has released its second annual Sustainability Report for the fiscal year 2020 and announced ambitious goals to combat global climate change.
This report details Atlassian’s progress and trajectory across four sustainability pillars: planet, customers, people, and community.

As part of our commitment to combat climate change, Atlassian set a goal to reach 100 percent renewable power across all our operations by 2025, which we achieved in the fiscal year 2020, five years ahead of schedule.

“We are setting ambitious climate goals because we believe in matching our words by stepping up and taking action, said Jessica Hyman, Atlassian’s head of sustainability. “It’s what our staff want. It’s what our customers expect. It’s what our politicians should be doing. And it’s what we must do for the future sustainability of our business.”

In September 2019, at UN Climate Week, we committed to set a target to reach net-zero emissions by no later than 2050. We aligned our goals with a 1.5°C trajectory as part of our commitment to the Business Ambition for 1.5°C campaign, reflecting the most ambitious objectives of the Paris Agreement. We had recently announced that these goals have been approved by the Science Based Targets Initiative steering committee.

“We congratulate Atlassian Corporation for setting emissions reduction targets consistent with limiting warming to 1.5°C, the most ambitious goal of the Paris Agreement, said Alexander Farsan, global lead for Science Based Targets at World Wide Fund for Nature. “By setting targets that are grounded in climate science, Atlassian is setting themselves up for success in the transition to a net-zero economy.”

Our SBTi validation is an important step in our climate leadership and commitment to science. Here are the key ways we believe, we can get there by 2050:

Scope 1-2 – Absolute Emissions Reduction of 50 percent by 2025: This will mostly be achieved through procurement of 100 percent renewable energy and is therefore directly aligned with our RE100 commitment. The other critical element is ensuring any of the buildings we own and operate run on electricity for heating and cooling (as opposed to natural gas or diesel).

Scope 3 – Reduce absolute emissions from business travel 25 percent by 2025: This will be achieved by reducing emissions from business travel, with a big focus on air travel.

Scope 3 – 65 percent of suppliers by emissions will have SBTs by fiscal year 2025: This will be achieved through supply chain management. We’ll need to engage with our top suppliers and encourage them to set science-based climate targets. We are in the middle of mapping out our priorities here with our internal teams, and we’re looking forward to the opportunity for innovation in this space.

“Our hope is that more companies see this is possible, and take the leap, said Mike Cannon-Brookes, Atlassian co-founder and co-CEO. “The latest climate science says we need reductions to keep warming to 1.5 degrees to avoid the most damaging effects of climate change. Australia needs to do its part. Our future depends on it.”

 

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