Accenture Is of the same opinion to Gain Avieco to Extend Sustainability Functions within the U.Okay.
April 08, 2022
Accenture Is of the same opinion to Gain Avieco to Extend Sustainability Functions within the U.Okay.
Acquisition will bolster Accenture’s ESG size and analytics features as converging requirements and greater law pressure consumer want for correct information in decision-making
LONDON, April 8, 2022 – Accenture (NYSE: ACN) has agreed to procure Avieco, a number one U.Okay. sustainability consultancy. Upon shut of the deal, the purchase will construct on Accenture’s scale and experience in serving to corporations throughout a variety of sectors to grasp, arrange and beef up their sustainability efficiency, and create sustainable price for his or her stakeholders.
The purchase will enhance the Accenture Sustainability Worth Promise to embed sustainability into the whole lot the corporate does to create industry price and sustainable have an effect on for everybody it serves, at a time when expanding law and new requirements are increasing the decision for correct information in decision-making via shoppers throughout industries.
Avieco’s workforce of greater than 60 execs, headquartered in London, will deliver in depth wisdom in environmental, social and governance (ESG) size and reporting, internet 0 technique and law and real-time information analytics to Accenture’s Sustainability Products and services within the U.Okay. Avieco’s experience in sustainability consulting spans a huge vary of industries together with retail and client items, monetary products and services, era and media.
“I’m extremely joyful to welcome Avieco to Accenture. Its experience in serving to companies higher measure and pressure price and have an effect on from their sustainability projects for all stakeholders in accordance with rising call for for transparency and responsibility will make it an ideal are compatible for Accenture,” mentioned Toby Siddall, Accenture’s Sustainability Products and services lead within the U.Okay. and Eire. “Efficient information analytics and ESG size and reporting are important to compelling enlargement thru in point of fact sustainable industry fashions and higher resolution making. Avieco will give a boost to our skill to lend a hand our shoppers put sustainability on the middle in their industry transformations.”
“Avieco performs a central position in serving to companies within the U.Okay. and Eire to create a sustainable, low-carbon economic system and society,” mentioned Ben Murray, CEO of Avieco. “Accenture’s dedication to sustainability is strongly aligned to ours and its scale will lend a hand us make bigger our undertaking to show sustainability guarantees into movements. Being a part of Accenture will create new alternatives for our other people and our blended experience will lend a hand companies grow to be in point of fact sustainable.”
Accenture Sustainability Products and services supplies unique products and services and answers for shoppers to grow to be net-zero and round companies, leveraging virtual funding to create clever organisations which are sustainable at their core. At the side of its ecosystem companions and ventures into disruptive applied sciences, in addition to deep practical experience in CFO & Undertaking Worth, Accenture is using transformations at scale with the gear, era, and methodologies that embed sustainability information, decision-making and function to successfully measure industry price and sustainable have an effect on for all stakeholders.
“The purchase of Avieco will underscore our dedication to scale the sustainability products and services we provide shoppers and deepen our wisdom and enjoy,” mentioned Peter Lacy, Accenture’s international Sustainability Products and services lead, international leadership committee member and leader duty officer. “The in depth enjoy of Avieco’s workforce with organisations around the U.Okay. and Eire will considerably enhance our skill to lend a hand all shoppers beef up ESG efficiency and embed sustainability into their core industry because it turns into an ever-more necessary driving force of competitiveness.”
Phrases of the transaction weren’t disclosed.
Final touch of the purchase is matter to normal ultimate stipulations.
Accenture is an international skilled products and services corporate with main features in virtual, cloud and safety. Combining unequalled enjoy and specialised talents throughout greater than 40 industries, we provide Technique and Consulting, Interactive, Era and Operations products and services — all powered via the arena’s greatest community of Complicated Era and Clever Operations facilities. Our 699,000 other people ship at the promise of era and human ingenuity each day, serving shoppers in additional than 120 nations. We include the facility of trade to create price and shared good fortune for our shoppers, other people, shareholders, companions and communities. Consult with us at accenture.com.
Ahead-Having a look Statements
Excluding for the ancient data and discussions contained herein, statements on this information unencumber might represent forward-looking statements inside the that means of the Non-public Securities Litigation Reform Act of 1995. Phrases comparable to “might,” “will,” “must,” “most likely,” “anticipates,” “expects,” “intends,” “plans,” “tasks,” “believes,” “estimates,” “located,” “outlook” and equivalent expressions are used to spot those forward-looking statements. Those statements contain various dangers, uncertainties and different components that might motive precise effects to range materially from the ones expressed or implied. Most of the following dangers, uncertainties and different components recognized under could also be amplified via the invasion of Ukraine via Russia, the sanctions (together with their length), and different measures being imposed in accordance with this battle, in addition to any escalation or growth of monetary disruption or the battle’s present scope. Those dangers come with, with out limitation, dangers that: Accenture and Avieco won’t be able to near the transaction within the time frame expected, or in any respect, which depends at the events’ skill to meet positive ultimate stipulations; the transaction may now not reach the expected advantages for Accenture; Accenture’s result of operations were, and might someday be, adversely suffering from unstable, destructive or unsure financial and political stipulations and the consequences of those stipulations at the corporate’s shoppers’ companies and ranges of commercial task; Accenture faces prison, reputational and fiscal dangers from any failure to offer protection to consumer and/or corporate information from safety incidents or cyberattacks; Accenture’s industry relies on producing and keeping up ongoing, winning consumer call for for the corporate’s products and services and answers together with throughout the adaptation and growth of its products and services and answers in accordance with ongoing adjustments in era and choices, and an important relief in such call for or an lack of ability to reply to the evolving technological atmosphere may materially impact the corporate’s result of operations; if Accenture is not able to compare other people and abilities with consumer call for world wide and draw in and retain execs with robust management talents, the corporate’s industry, 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 industry and operations, and the level to which it’ll proceed to take action and its have an effect on at the corporate’s long run monetary effects are unsure; the markets wherein Accenture operates are extremely aggressive, and Accenture may now not be capable of compete successfully; Accenture’s skill to draw and retain industry and staff might rely on its recognition available on the market; if Accenture does now not effectively arrange and broaden its relationships with key alliance companions or fails to watch for and determine new alliances in new applied sciences, the corporate’s result of operations might be adversely affected; Accenture’s profitability may materially undergo if the corporate is not able to procure favorable pricing for its products and services and answers, if the corporate is not able to stay aggressive, if its cost-management methods are unsuccessful or if it reports supply inefficiencies or fail to meet positive agreed-upon objectives or explicit provider ranges; adjustments in Accenture’s degree of taxes, in addition to audits, investigations and tax court cases, or adjustments in tax regulations or of their interpretation or enforcement, may have a subject matter adversarial impact at the corporate’s efficient tax fee, result of operations, money flows and fiscal situation; Accenture’s result of operations might be materially adversely suffering from fluctuations in foreign currencies alternate charges; adjustments to accounting requirements or within the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements may adversely impact its monetary effects; Accenture could be not able to get admission to further capital on favorable phrases or in any respect and if the corporate raises fairness capital, it will dilute its shareholders’ possession passion within the corporate; on account of Accenture’s geographically numerous operations and its enlargement option to proceed to make bigger in its key markets world wide, the corporate is extra liable to positive dangers; if Accenture is not able to regulate the organizational demanding situations related to its measurement, the corporate could be not able to reach its industry targets; Accenture may not be a success at obtaining, making an investment in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s industry might be materially adversely affected if the corporate incurs prison legal responsibility; Accenture’s international operations reveal the corporate to a large number of and infrequently conflicting prison and regulatory necessities; Accenture’s paintings with executive shoppers exposes the corporate to further dangers inherent within the executive contracting atmosphere; if Accenture is not able to offer protection to or put into effect its highbrow belongings rights or if Accenture’s products and services or answers infringe upon the highbrow belongings rights of others or the corporate loses its skill to make use of the highbrow belongings of others, its industry might be adversely affected; Accenture’s result of operations and proportion worth might be adversely affected whether it is not able to deal with efficient interior controls; Accenture could also be matter to complaint and destructive exposure associated with its incorporation in Eire; in addition to the hazards, uncertainties and different components mentioned underneath the “Possibility Components” heading in Accenture percent’s most up-to-date Annual File on Shape 10-Okay and different paperwork filed with or furnished to the Securities and Alternate Fee. Statements on this information unencumber talk handiest as of the date they have been made, and Accenture undertakes no accountability to replace any forward-looking statements made on this information unencumber or to evolve such statements to precise effects or adjustments in Accenture’s expectancies.
# # #
+44 7887 792214
Copyright © 2022 Accenture. All rights reserved. Accenture and its brand are emblems of Accenture.