Autodesk Carbon Fund The Autodesk Carbon Fund enables us to invest in our ef昀椀ciency Investment priorities and decarbonization targets and continue to neutralize all Our four Autodesk Carbon Fund investment areas are ranked by priority, but each one is remaining emissions each year with investments in renewable critical to achieving net-zero carbon. energy and certi昀椀ed carbon offset and removal projects. Ef昀椀ciency The fund is created by applying our internal price on carbon across our Scope 1, 2, and 3 Investing in ef昀椀ciency projects across our business and value chain improves our emissions. Moving into 昀椀scal year 2023, we increased our internal price on carbon to $20 performance while reducing costs and managing the overall growth of our GHG footprint. per metric ton, from $10 per metric ton in 昀椀scal year 2022. This increase will enable us Prioritizing ef昀椀ciency enables us to eliminate emissions from our footprint and decreases to realize new emission reduction initiatives within our operations and value chain, and the need to invest in renewable energy credits and offsets. reinforces our commitment to carbon neutrality amidst the increasing costs of certi昀椀ed Learn more renewable energy certi昀椀cates and high-quality carbon offsets. Renewable energy projects Through the Autodesk Carbon Fund, during 昀椀scal year 2022 we continued to invest in We are committed to using 100% renewable energy in our operations. Since 昀椀scal year 2016, projects that align with Autodesk’s impact opportunity areas. Our investments aspire we have continued to meet our RE100 commitment and purchased 94,800 MWh of to balance our commitment to decarbonizing our operations with driving sustainable renewable energy in 昀椀scal year 2022. In addition to sourcing 100% renewable energy for our solutions across industries. We assess investment opportunities based on: workplaces and cloud in 昀椀scal year 2022 (as in 昀椀scal year 2021), we purchased renewable ● Carbon reductions energy credits for all employees working from home, which was especially important during the COVID-19 pandemic. We also installed solar panels on the roof of our Kilsyth, Australia, ● Scalability facility, expanding the rooftop solar system to 99.7 kW, which will reduce GHG emissions ● Co-bene昀椀ts at that location by an estimated 45 metric tons of CO e annually. 2 ● Business relevance Carbon leadership and engagement ● Climate equity Autodesk engages with industry peers, advisors, and partners working to scale decarbonization solutions. We access specialized sustainability expertise and join industry groups to exchange knowledge and best practices in decarbonization. Carbon offsets and removal projects We support carbon offset and removal projects to address any GHG emissions that remain after making the investments above, while also delivering positive outcomes in alignment with our broader impact opportunity areas. During 昀椀scal year 2022, we provided climate 昀椀nance to six projects that offset 103,000 metric tons of CO e emissions. With purchases 2 of carbon offsets from NicaForest Restoration (Nicaragua) and Isla Bosque (Costa Rica), Internal we expanded our support for nature-based carbon removal solutions. We also continued carbon price our support for rainforest protection in Sierra Leone, the distribution of ef昀椀cient cookstoves per metric ton and water puri昀椀cation solutions in Kenya, and a water boreholes project improving access to clean water in multiple countries throughout Sub-Saharan Africa.
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