April 14, 2022
Accenture Completes Acquisition of Avieco
LONDON, April 14, 2022 – Accenture (NYSE: ACN) has finished the purchase of Avieco, a number one U.Ok. sustainability consultancy. Phrases of the transaction, which Accenture introduced on April 8, weren’t disclosed.
Avieco is helping corporations to know, set up and strengthen their sustainability efficiency, and create sustainable price for his or her stakeholders. Its experience in sustainability consulting spans a huge vary of industries together with retail and shopper items, monetary services and products, era and media.
Avieco’s staff of greater than 60 execs, headquartered in London, will carry in depth wisdom in environmental, social and governance (ESG) size and reporting, web 0 technique and law and real-time knowledge analytics to Accenture’s Sustainability Products and services within the U.Ok.
Accenture Sustainability Products and services supplies unique services and products and answers for purchasers to grow to be net-zero and round companies, leveraging virtual funding to create clever organisations which are sustainable at their core. In conjunction with its ecosystem companions and ventures into disruptive applied sciences, in addition to deep purposeful experience in CFO & Undertaking Price, Accenture is riding transformations at scale with the equipment, era, and methodologies that embed sustainability knowledge, decision-making and function to successfully measure trade price and sustainable affect for all stakeholders.
Accenture is a world skilled services and products corporate with main functions in virtual, cloud and safety. Combining unequalled enjoy and specialised abilities throughout greater than 40 industries, we provide Technique and Consulting, Interactive, Era and Operations services and products — all powered by way of the arena’s greatest community of Complex Era and Clever Operations facilities. Our 699,000 folks ship at the promise of era and human ingenuity each day, serving purchasers in additional than 120 international locations. We embody the facility of alternate to create price and shared luck for our purchasers, folks, shareholders, companions and communities. Seek advice from us at accenture.com.
Ahead-Having a look Statements
Excluding for the historic data and discussions contained herein, statements on this information liberate would possibly represent forward-looking statements inside the which means of the Personal Securities Litigation Reform Act of 1995. Phrases similar to “would possibly,” “will,” “must,” “most likely,” “anticipates,” “expects,” “intends,” “plans,” “tasks,” “believes,” “estimates,” “situated,” “outlook” and identical expressions are used to spot those forward-looking statements. Those statements contain quite a few dangers, uncertainties and different elements that might reason exact effects to vary materially from the ones expressed or implied. Most of the following dangers, uncertainties and different elements recognized under could also be amplified by way of the invasion of Ukraine by way of Russia, the sanctions (together with their length), and different measures being imposed in keeping with this battle, in addition to any escalation or growth of financial disruption or the battle’s present scope. Those dangers come with, with out limitation, dangers that: the transaction may now not succeed in the predicted advantages for Accenture; Accenture’s result of operations were, and would possibly at some point be, adversely suffering from unstable, adverse or unsure financial and political prerequisites and the results of those prerequisites at the corporate’s purchasers’ companies and ranges of industrial job; Accenture faces prison, reputational and fiscal dangers from any failure to give protection to consumer and/or corporate knowledge from safety incidents or cyberattacks; Accenture’s trade is dependent upon producing and keeping up ongoing, successful consumer call for for the corporate’s services and products and answers together with throughout the adaptation and growth of its services and products and answers in keeping with ongoing adjustments in era and choices, and an important relief in such call for or an incapacity to reply to the evolving technological atmosphere may just materially have an effect on the corporate’s result of operations; if Accenture is not able to check folks and talents with consumer call for around the globe and draw in and retain execs with sturdy management abilities, the corporate’s trade, the usage fee of the corporate’s execs and the corporate’s result of operations could also be materially adversely affected; the COVID-19 pandemic has impacted Accenture’s trade and operations, and the level to which it’s going to proceed to take action and its affect at the corporate’s long run monetary effects are unsure; the markets by which Accenture operates are extremely aggressive, and Accenture may now not be capable to compete successfully; Accenture’s talent to draw and retain trade and staff would possibly rely on its popularity on the market; if Accenture does now not effectively set up and broaden its relationships with key alliance companions or fails to look ahead to and identify new alliances in new applied sciences, the corporate’s result of operations may well be adversely affected; Accenture’s profitability may just materially undergo if the corporate is not able to acquire favorable pricing for its services and products and answers, if the corporate is not able to stay aggressive, if its cost-management methods are unsuccessful or if it studies supply inefficiencies or fail to fulfill sure agreed-upon objectives or particular carrier ranges; adjustments in Accenture’s stage of taxes, in addition to audits, investigations and tax lawsuits, or adjustments in tax regulations or of their interpretation or enforcement, may have a subject material opposed impact at the corporate’s efficient tax fee, result of operations, money flows and fiscal situation; Accenture’s result of operations may well be materially adversely suffering from fluctuations in foreign exchange trade charges; adjustments to accounting requirements or within the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements may just adversely have an effect on its monetary effects; Accenture could be not able to get entry to further capital on favorable phrases or in any respect and if the corporate raises fairness capital, it’s going to dilute its shareholders’ possession passion within the corporate; because of Accenture’s geographically numerous operations and its enlargement solution to proceed to amplify in its key markets around the globe, the corporate is extra prone to sure dangers; if Accenture is not able to control the organizational demanding situations related to its dimension, the corporate could be not able to reach its trade goals; Accenture may not be a hit at obtaining, making an investment in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s trade may well be materially adversely affected if the corporate incurs prison legal responsibility; Accenture’s world operations divulge the corporate to a large number of and every now and then conflicting prison and regulatory necessities; Accenture’s paintings with executive purchasers exposes the corporate to further dangers inherent within the executive contracting atmosphere; if Accenture is not able to give protection to or put in force its highbrow assets rights or if Accenture’s services and products or answers infringe upon the highbrow assets rights of others or the corporate loses its talent to make use of the highbrow assets of others, its trade may well be adversely affected; Accenture’s result of operations and percentage worth may well be adversely affected whether it is not able to deal with efficient inner controls; Accenture could also be topic to complaint and adverse exposure associated with its incorporation in Eire; in addition to the hazards, uncertainties and different elements mentioned below the “Chance Components” heading in Accenture percent’s most up-to-date Annual File on Shape 10-Ok and different paperwork filed with or furnished to the Securities and Change Fee. Statements on this information liberate talk handiest as of the date they had been made, and Accenture undertakes no accountability to replace any forward-looking statements made on this information liberate or to adapt such statements to exact effects or adjustments in Accenture’s expectancies.
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