Gainsight

At a Glance

Industry

Internet, Software, Hardware and Technology Services

Project Types

Data Analysis, Goals/Targets, Sustainability and Energy Management Strategy

Year

2024

Location

Summary

Katyana developed Gainsight's GHG inventory using Watershed and established a strategic climate action plan for achieving net zero target.

Goals

Gainsight, a portfolio company of Vista Equity Partners, engaged its first Climate Corps fellow to develop its 2023 GHG inventory using the Watershed platform as a basis for the company's 3-year GHG reduction climate action plan and strategy. This strategic document outlines scalable initiatives to support the company's net-zero commitment and vision of being human-first while winning in business. By collaborating closely with internal stakeholders of Gainsight's Teammate Success division, Katyana assisted in enhancing company-wide sustainability practices and driving broader ESG efforts across the organization.

Solutions

Katyana tackled the task using a three-pronged approach: 1. Developed GHG inventory by collecting and categorizing data to calculate Gainsight's greenhouse gas emissions, including direct (Scope 1) and indirect (Scopes 2 and 3). 2. Conducted climate-related risk assessment by evaluating potential risks that climate change poses to an organization's operations, assets, and supply chains, including both physical risks (e.g., extreme weather) and transitional risks (e.g., regulatory changes). The assessment also includes mitigation strategies to eliminate these identified risks. 3. Created a climate action plan and strategy that involves a repository of tailored initiatives to advance Gainsight's broader ESG objectives and equipment. The process begins with setting clear GHG emissions reduction objectives and identifying internal stakeholders to ensure progress towards the goals, allowing for adjustments and continuous improvements.

Potential Impact

By leveraging the GHG inventory, climate-related risk assessment, and climate action plan, Gainsight can effectively reduce its carbon footprint and enhance its resilience against climate change impacts. These initiatives are expected to offset approximately 3,038.4 metric tons of CO2 emissions by 2050, aligning with the company's net-zero commitments and science-based targets. Additionally, this strategic approach strengthens Gainsight's brand reputation and attracts environmentally conscious B2B clients. By having a clear understanding of its environmental impact and a robust strategy in place, Gainsight can make informed decisions, prioritize sustainable investments, and achieve long-term growth while maintaining its commitment to being "human-first."

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