Commercial, Sourcing Renewables - May 3, 2023
Zuora Reaches 100% Renewable Energy
Zuora, Inc., a monetization platform provider for recurring revenue businesses, reached 100% renewable energy for its global real estate footprint.
The company also maintained carbon neutrality for the second consecutive year. Details were provided in its second annual report.
The fiscal year 2024 environmental sustainability goals for the company include requesting GHG emissions data and reduction goals directly from its top suppliers, representing over 50% of its spend. The company also plans to incorporate sustainability into the Global Purchasing Policy and incorporate sustainability questions into 100% of applicable New Supplier Onboarding Surveys in North America.
Zuora also wants to add sustainability questions into 100% of RFPs for new facilities, specifically focused on understanding energy efficiency, waste management, water efficiency, and environmental certifications and obtain primary energy usage data for 100% of its facilities.
“Zuora’s purpose is to help people subscribe to modern ways of doing business – ways that are better for people, better for companies and ultimately better for the planet,” said Tien Tzuo, Founder and CEO at Zuora, in a statement. “This inspires how we approach ESG authentically at Zuora, the progress we’ve made and our commitment to expanding these efforts.”