Be a Climate Innovator

CEO White Paper

Mark J. Barrenechea
OpenText CEO and CTO

Be a Climate Innovator

Contents
What is a climate innovator?			

2

Why be a climate innovator?			

3

How can businesses be climate innovators?			

5

How will OpenText bring software to the fight?			

7

Our customers are making a difference			13

The path forward			

15

The Zero-In Initiative			16

We have a larger role to play			

18

Appendix: Bookshelf			19

1What is a climate innovator?
There is a new agenda: fighting climate change.
We are at the beginning of a global sustainability revolution.
Humanity needs climate innovators. Those who are ready to step up and do the workrequired to safeguard our planet and ensure a habitable world for ourselves andfuture generations.
At OpenText, we define climate innovators as those who create new or enhanced
climate solutions through technology, policy and investment models tosupercharge humanity’s progress.
And it is the climate innovators who will shape our shared future, using their ingenuity
to positively impact the environment, preserve resources, limit warming, design
sustainable business models and achieve critical global goals such as those outlinedby the UN Sustainable Development Goals (SDGs).1
Mobilizing others in thefight—partners, customers,
employees, suppliers, etc.

Unleashing theinformation advantage tobenefit the planet
Positively impacting
the environment withnew or improved
technology, policy orbusiness models

Reducing harmful
pollution and waste
Preserving
resources
Protecting theearth tonurture a
thriving planet
Making bold ESG
goals andpursuing themwith resolve
Proactively planning
for a better future

Climate innovators
supercharge ourclimate progress by:

Leveraging data
to tackle
important global
challenges
Investing in
responsible,
ethicalbusinesses
Enhancingexisting climate
solutions
Creating innovative
climate solutions

Climate innovators are translating vital climate objectives into tangible actions, today.

2

Figure 1:

What is a climate innovator?

Be a Climate Innovator

Why be a climate innovator?
Climate is the most consequential issue of our time.
The planet is warming, resulting in extreme fires, floods and drought, land-based snow
masses, food shortages, melting, and ocean temperatures rising.
Already we have warmed the planet about 1.1°C (that’s warmer than the earth has beenin 125,000 years).2 And half of all emissions that have ever been produced from fossil
fuels—in the entire history of humanity—have been in just the last 25 years.3
According to the Paris Agreement, humanity’s shared goal is to limit warming to 1.5°C—
but even with our collective effort, it is quite possible we will reach 2°C.4 And if we are too
slow to make changes, we are on track to hit 3°C or even 4°C.
With each degree of warming comes a serious escalation of the climate consequences.
Impact on
water at…

Impact on
sea level rise…

Water shortage in the
Rising sea levels
Mediterranean,displace 46 million
Australia, Brazil
people; Sea level riseand Asiaof 48cm

4
3
2
1

1.5°C

4
3
2
1

2.0°C

8% of the global
population faces
severe water
shortages

4
3
2
1

3.0°C

Almost half ofHimalayan highmountain glaciers lost

4
3
2
1

4.0°C

More frequent andsevere extreme
droughts

Fewer opportunities
for infrastructure
adaptation; Sea level
rise of 56cm

Near-complete meltingof the Greenland ice
sheet; Sea level riseof 7+ meters

Impact on
food at …

Impact on
flora & fauna at…

Wheat, rice, maize
and soybean
production suffers

9 out of 10 coral reefs
at risk from severe
degradation

Agricultural yields
fall rapidly

All coral reefs
disappear

Fish species go
extinct locallyMarine ecosystems
may collapse

High levels of food
470-760 million people
insecurity;
at risk; Sea level risedevelopment pathof nearly 9 meters
reversed

Figure 2:

Disastrous impacts of climate change5

Half of all plant andanimal species facelocal extinction

This is not a “future problem.” It is already happening. In our lifetimes, we could see water
disappear in the west, dying oceans, toxic air. Last year in California, the air was literally
unbreathable some days. And we cannot overlook the increasing severity and frequencyof wildfires.
Coastal zones are contending with extreme flooding. Bangladesh is projected to lose
11% of its land, causing 18 million people to become climate refugees by 2050. As manyas 50 million by 2100.6 Meanwhile, New York City will experience ten times the flooding it
does today by 2050.7 A third of Florida is on track to be underwater by 2100.8
Meanwhile, over 12 million people in Syria and Iraq are already losing water, food andelectricity due to intense drought.9 This July, the UK experienced record-breaking heat,with temperatures reaching over 40°C. It caused nearly 1,000 heat-related deaths.10
3The consequences for places closer to the equator, like Africa, are even more dire.
Longer, more frequent and increasingly intense heat waves and droughts, which willcause massive impacts on food production, water resources and basic livability.
This is not a matter of comfort; it is life and death. The Middle East and North Africa areon track for temperatures that reach 60°C or higher.11 The hottest body temperature ahuman can survive is 42.3°C.12
By 2070—less than 50 years from now—up to three billion people will likely live in climate
conditions deemed “unsuitable for human life to flourish.”13 Three billion people. Let thatsink in for a moment.
Limiting climate change is the difference between a planet that’s livable for humanity—and one that’s not. There is no second planet, there is no PLAN B.
We are living in a time of climate awakening. There is no longer any question about
whether climate change is happening, or whether humans are causing it. Governments
and businesses alike are stepping up to address this shared existential crisis.
Just look at how fast we invented, manufactured, produced and distributed the
COVID-19 vaccine. This is the energy that we are now bringing to the climate crisis. Thisis the energy that drives the climate innovators—the trailblazers and leaders in the mostimportant fight of our generation.

4

Be a Climate Innovator

How can businesses be climate innovators?
Becoming a climate innovator takes planning, process and perseverance. But thebenefits are exponential.

Step 1: Make a multi-year pledge

It starts with taking a hard look at your own business, setting targets and making apublic statement about your goals. In the past few years—the rise of the Global Climate
Awakening—we have seen a rapid increase in the number of companies taking thiscrucial step.

2030 Sustainability Pledges from the Global 10,000
Apple

Nestlé

“We will halve ourgreenhouse gas emissions
by 2030 and reach net-zeroby 2050”"Apple will become entirely
carbon neutral acrossbusiness and manufacturing
by 2030”

Google"The company now hopes toreach 24/7 carbon-freeenergy by 2030"

Bank of
America“Dedicating 1 Trillion to aid
sustainability and low
carbon activities”

Volvo"From 2030, Volvo Cars will
only sell electric vehicles"

Honda“100% Electrification”

Amazon"Amazon plans to have
100,000 electric vans on theroad by 2030"

Shell“Carbon Neutral by 2050”

L'Oréal“We are empowering ourbusiness ecosystem,
helping them transition to amore sustainable world”

Figure 3:2030 sustainability pledges from the
Global 10,00014

Source: Sustainability Magazine

Step 2: Take it from pledge to process
A pledge is the start, but we need action.

For most businesses, this is the biggest challenge. It is not easy to turn the sustainability
pledge into real, actionable, embedded processes—processes that are ingrained so
deeply within the organization’s DNA that they become more than just a “program.”
Taking it from pledge to process calls for revolutionary ways of doing business, frombusiness models to the employee experience, to sourcing and suppliers, to payment andcustomer communications.
The planet demands it. What’s more, consumers are demanding it too. In recent research
conducted by OpenText, 88% of global consumers indicated that they plan to prioritize
buying from companies with ethical sourcing strategies in place.15

5A recent study from the United Nations Global Compact and Accenture Strategy
reports that 81% of CEOs say they are developing new sustainable products andservices.16 Environmental impact is at the forefront.
Sustainable business equals good business.

Step 3: Amplify your impact

To truly be a climate innovator, a business must go beyond its own borders. Throughthe force of innovation, you must mobilize and enable others—customers, partners,
employees, suppliers, society at large.
It might be a new business model that helps consumers drastically reduce theirfootprint. Or technology that takes carbon out of the atmosphere and spurs others tocreate ever-more effective iterations. Or a reinvention of the production process for thecircular economy, eliminating waste and compelling suppliers to do the same.
The possibilities are vast. It is up to climate innovators to discern how they can have thegreatest impact, given their unique competencies.

6Be a Climate Innovator

How will OpenText bring software to the fight?
OpenText is committed to a sustainable and inclusive future. We are harnessing thepower of technology for the greater good. We are embracing cloud, reducing our own
footprint and helping customers do the same.
Information plays an essential role in the fight for good. Effective solutions depend on
having the most accurate and up-to-date information, expertly collected and analyzed to
identify trends, and leveraged efficiently and with minimal waste.
We believe information management (IM) technology is the foundation for sustainablebusiness. IM solutions equip organizations to create the world’s best ethical businesses,
design and market planet-changing products, fuel top talent, empower people, andimprove health, safety and quality of life.
Digital transformation is also required for shrinking our paper usage, and therefore, ourfootprint. Replacing manual, paper-based processes, documents and transactions withdigital is more cost- and time-effective. And when we cut paper out of the process, we
also cut waste, energy usage and emissions. We save water. We save forests.
Here are some of the ways that OpenText is bringing software to the fight.

Business Network CloudBusiness ecosystems and supply chains will play a central role in the transition to asustainable, ethical and inclusive economy.

Reducing Paper

Business Network Cloud reduces paper usage in supply chain management. It digitizes
end-to-end order-to-cash processes. It delivers digital spaces and content repositories
that allow dispersed teams to work together without printing documents or travellingto collaborate.
With our Business Network Cloud alone, OpenText digitizes 33 billion transactions
per year.
Figure 4:

Digitizing processes with our BusinessNetwork Cloud17

33 billion

transactions digitizedeach year

7.9 million
trees saved

922,000 tonnes
GHG emissions saved

Source: Environmental Paper Network Paper Calculator V4.0

Key OpenText solutions:•

Business Network Foundation•

Global Partner Directory•

Trading Grid•

Active Access7

Building Ethical Supply Chains

Deloitte estimates that the market for ethical supply chain tools could reach up to $2.7
billion by 2024.18
Developing an ethical and sustainable supply chain should be the goal of every
procurement and supply chain leader. To do this, the organization needs to know it cantrust its information. This means capturing accurate data linked to its ethical strategy
from all areas of the supply chain. And to do that, the flow of data and transactions must
be digitized. It must be trustworthy. It must be transparent.
Business Network Cloud can help organizations achieve end-to-end supply chaintransparency, identify sustainable, ethical suppliers and materials, gain visibility on theentire product lifecycle including end-of-life (to ensure materials are recycled), use AIenabled analytics dashboards to monitor the ethical performance of trading partners,
and apply measurable KPIs tied to sustainable goals and standards.
With trust and collaboration, organizations can know the production processes, work
practices and sustainability agendas of trading partners. We will be able to quickly see
whether our suppliers and partners are complying with their own sustainability goals—
and whether they are supporting our own. We can take pride in working with those whoare making a difference.
Figure 5:

Once suppliers have beenchosen, OpenText Active
Access can provide a secure
digital identity-based
collaboration environment forevery supply chain
participant

Leverage OpenText
Global Partner
Directory, with over
100,000 supplierprofiles, to identify
and select suppliers
based on ethicalsearch criteria

OpenText Business Network Cloud
enables the ethical supply chain

All information flows acrossthe external ecosystem aredigitized across OpenText
Trading Grid to help provide asecure, digital backbone forsupplier integration

Secure Trading
Partner
Relationships

Digitize
Information
Flows

Identify
Potential
Suppliers

Source and delivery of all raw
materials and finished goods
can be tracked across the
supply chain with OpenText
IoT and shipment provenanceretained in a blockchain

Monitor
Shipment
ProvenanceGather EthicalInsights

Key OpenText solutions:•

Trading Grid

•

IoT

•

Global Partner Directory, including
integration with EcoVadis•

Magellan AI•

Active Access8

Supply chain insights
can be obtainedusing OpenText Lens
and ethical sourcing
trends can beobtained with
OpenText MagellanBe a Climate Innovator

Content Cloud

Digitally transforming the structured and unstructured content flowing through yourorganization—where most knowledge workers perform a significant portion of theirjobs—is essential for climate progress and reducing footprint.

Reducing Paper

Content Cloud helps create a paperless environment for content assets and within corebusiness processes.
It helps businesses streamline and digitize processes associated with file collaboration,
signatures and document management. When employees access and collaborate on
documents digitally, it reduces waste, unnecessary recycling and physical storage
space. Further, digital documents eliminate the need to ship physical paper, thereby
reducing carbon emissions from transport.
OpenText helps over 8,000 Content Cloud customers digitize, capture and store
documents, saving approximately 30.5 million trees per year.
Figure 6:
Digitizing documents with ourContent Cloud19

255 billion
pages digitizedeach year

30.5 million
trees saved

10.4 M tonnes
GHG emissions saved

Source: Environmental Paper Network Paper Calculator V4.0

Key OpenText solutions:•Content Services•

File Sharing•

Intelligent Capture•

Collaboration•

Digital Signature•

Records Management

Reducing Emissions with Cloud

According to IDC, widespread adoption of cloud computing could reduce carbon
emissions by over one billion metric tons by 2024.20
Running content services in the cloud is more efficient and uses fewer servers, therefore
consuming less power and ultimately reducing emissions and waste.
Customers can be confident that the OpenText cloud platform runs on energy-efficient
servers in our company-owned and operated data centers, and we are continuously
investing in more energy-efficient, high-density equipment.21
We are also actively pursuing efforts to increase renewable energy consumption anddecommission systems that use outdated, energy-inefficient technologies.

9Key OpenText solutions:•

OpenText Cloud Platform•

OpenText Managed Services

Complying with ESG Standards and Meeting Sustainability Goals

New regulations based on sustainability concerns are expanding rapidly, impacting
energy costs and establishing limitations or bans on specific materials and practices.
Meanwhile, investors are increasingly examining environmental, social and governanceissues when evaluating corporate behavior.
Content Cloud extends and simplifies the application of security, privacy and compliancepolicies. Organization-wide governance protocols are defined and managed at a centrallevel— triggering automatic meta-tagging and classification as information is created,ingested and used. Content is safeguarded across its entire lifecycle. Meanwhile, AI andmachine learning continually improve the technology’s accuracy and reach.
Content Cloud also provides critical visibility into metrics for measuring progress against
a company’s own sustainability goals and generating actionable reports. After all, we
can’t manage what we don’t measure. And we can’t hold ourselves accountable withouttransparency and trust in our data.
To produce an ESG report, information from across the organization needs to becollected. It needs to be sortable by reporting period. It needs to be trustworthy.
Accurate. Secure and verifiable. It also needs to be classified, analyzed and summarizedbased on different reporting requirements.
“Get the reporting right and sustainability will follow.”– WORLD ECONOMIC FORUM22

Content Cloud provides an integrated governance and compliance infrastructure thatallows companies to accomplish these objectives without sacrificing productivity.
Key OpenText solutions:•Content Services•

eDiscovery•

Records Management•

AI and Analytics•

Risk Assessment and Mitigation

Experience Cloud

Sustainability is becoming a vital part of the buying decision for many customers. And
consumers and business users alike are adopting new digital habits—habits that can
support climate efforts.

Reducing Paper

Experience Cloud reduces paper usage by digitizing customer communications andbilling. It also delivers tools for remote creation and collaboration between brands andagencies, reducing paper-based creative development.
10

Be a Climate Innovator

Through Experience Cloud, OpenText helps customers digitize 3.3 billon fax exchanges
per year (at an average of 10 pages/fax), which equates to an estimated 4 million
trees saved.
Figure 7:

Digitizing fax with our Experience Cloud23

3.3 billion
faxes digitizedeach year*

4 million
trees saved

134,500 tonnes
GHG emissions saved*at an average of 10 pages/fax

Source: Environmental Paper Network Paper Calculator V4.0

Key OpenText solutions:•

RightFax; Fax2Mail; XM Fax•

Output Server•

Exstream•

Notifications

Reducing Travel

Travel accounts for around 20% of global carbon dioxide emissions, making it a crucial
area for businesses to make strides toward their climate goals.24
Experience Cloud reduces the need for travel in several ways. Product development
tools offer sophisticated imaging and 3D modelling, decreasing the need for buyers
to travel to the manufacturer or for physical samples to be transported. Using 3Dmodelling for prototyping also lessens the need for production samples to be shipped tophotographic agencies for marketing and packaging imagery (as these can be createdusing the 3D model).
Experience Cloud also delivers remote collaboration capabilities for dispersed teams
and external partners—no travel needed. Even larger media files, such as videos andimages, can be shared virtually.
With technology that enables replacing physical visits with “virtual visits,” companies
also have the potential to open up suppliers in more dispersed locations, which can aid
regional development and be more sustainable than intensive, city-based industrial sites.
Key OpenText solutions:•

OpenText Media Management•

Core for Building Information Modelling•

Brava!

•

Hightail11

Enabling Digital Service

Customer expectations and behaviors are rapidly evolving, and in some cases arecompletely changed. Customers expect seamless digital experiences. They expect
personalization and omnichannel communications. They expect self-service portals andfrictionless ecommerce.
This shift to digital—if done mindfully—can underpin sustainability objectives. ThroughExperience Cloud, organizations can create Customer and Citizen Service Portals
that serve customers’ needs while also yielding a reduction in the physical resources
required for billing, payment, forms, surveys, troubleshooting and communicatingwith customers.
Some organizations can take it a step further and use Experience Cloud to offer valuable
information about how customers can decrease their footprint. For example, OpenText
has utility and water conservation customers that provide valuable, targeted andpersonalized information to help their many users reduce consumption and better utilize
energy and natural resources.
Key OpenText solutions:•

OpenText Media Management•

Exstream•

Hightail•

OpenText TeamSite

12

Be a Climate Innovator

Our customers are making a difference
Many OpenText customers are on a journey to become climate innovators, and it is
our mission to use our information management technology to help them elevatetheir efforts.
Here are a few examples of how OpenText is supporting our innovative customers as
they work toward sustainability goals:“RightFax allows us to eliminate paper, resulting in cost savings and efficiency gains
for our users.”– TEDDY HALIDY, SYSTEMS ENGINEER, SUTTER HEALTH

To better meet patient needs, Sutter Health had to rethink its fax system to keep up
with prescription demand. Professionals managed thousands of prescriptions every
day through time-intensive methods—handwritten notes, printed pages delivered
via fax machines or couriers and walls of storage folders.
The healthcare system installed OpenText™ RightFax™, integrating electronic faxing
with its Epic electronic medical records system. Following RightFax implementation
for desktop use, Sutter Health eliminated hundreds of fax machines with plans toachieve 100% paperless operations.
Read the full story here.

“We are a public company, and we feel a responsibility to help prevent climatechange and to be sustainable. So, technology and innovation are strategic anchorsat FARYS. They will help us find new ways to preserve water, to research water
management, and also to communicate with our customers and other stakeholders
on sustainable water use.”– INGE OPREEL, CIO AT FARYS/TMVW

With focus on sustainability and the prevention of climate change, FARYS looked to
improve technology and innovation. IT wanted a centralized, cloud-enabled system
to create, personalize, store and retrieve outbound communications, like billing andmarketing. To process over two million documents annually, the company required
seamless integration with other business applications, like bills generated in SAP.
OpenText delivered a single platform for the design, deployment, and multichanneldelivery of documents whether digital or print, deployed cloud-based content
sharing and signature applications for hybrid cloud/on-premises strategy, andprovided an integrated solution with SAP for seamless document workflows
across applications.
Read the full story here.

13

“Our aim is not just to save time and paper and cut emissions, although those arecertainly big advantages of digital case management. Thanks to our work with
Fujitsu Finland and OpenText, we’re enabling greater transparency in the decisionmaking processes in local governments, which is an important benefit for the wholeof Finnish society.”– VESA HEINÄLÄ, DIRECTOR AT KUNTIEN TIERA

Kuntien Tiera is a leading partner of Finland’s public sector. Kuntien Tiera helps
deliver responsive, high-quality IT services that would otherwise be too complex or
costly for individual organizations to develop, deploy and manage—contributing to
improved services for Finnish residents and citizens.
After a thorough public tender, Kuntien Tiera selected the Fujitsu CaseM casemanagement solution, with enterprise content management capabilities built on the
OpenText™ Documentum™ platform.
Many local government municipalities have measured significant improvements
in core internal processes since deploying the case management solution from
Kuntien Tiera. For example, the City of Mikkeli reported a 97.9% reduction in carbon
dioxide emissions since switching from paper-based processes to the Fujitsu and
OpenText solution. Other benefits include cost savings from reducing the need toprint and handle paper and enhanced efficiency in decision-making processes.
Read the full story here.

“Moving away from paper has been a paradigm shift for MCIT, and we’re already
optimizing our processes. Our OpenText solutions minimize the need to print, handle
and archive paper, cutting our operational costs by 80%. We’ve also reduced thetime it takes for our teams to manage and respond to correspondence, which is also
at least 80% faster than before.”– DR. MAHMOUD OSMAN, CTO, EGYPT MINISTRY OF COMMUNICATIONS AND
INFORMATION TECHNOLOGYMCIT selected ECM specialist ASSET to build a central, secure and scalable
document management platform. Powered by OpenText Extended ECM Platform
and ASSET solutions for document capture and correspondence management,
the solution also includes OpenText AppWorks—a low-code platform for building
automated business processes.
In the future, Extended ECM is intended to become the single document repository
for the entire Egyptian government. Hosting a brand-new government data center in
Egypt, the platform will lay the foundation for automated, data-driven services.
To date, ASSET has helped MCIT to migrate almost 200,000 paper documents toExtended ECM, comprising millions of pages in total. As work continues on its pilot
project, MCIT is confident it has found the optimal combination of expert partners
and enterprise-class solutions to drive the Digital Egypt transformation.
Read the full story here.
14

Be a Climate Innovator

The path forward
Go 100% Paperless in Business
Processes.
Eliminate paper usage in corebusiness processes, streamline anddigitize processes associated withfile collaboration, signatures anddocument management.

Drive 100% Electronic Billingwith Customers.
Eliminate paper usage bydigitizing customer
communications and transactions.

Take 100% of the Paper Out
of Your Supply Chain
Management.
Eliminate paper usage in supply
chain management.

Skip the planes and reduce
emissions with 100% digitalcollaboration.
Reduce greenhouse gas
emissions with no travel.

Make your workspaces of the
future 100% digital.
Digitize end-to-end order to cash
processes, collaboration andcontent repositories that allow
dispersed teams to work together
in the digital workplace.

15

The Zero-In Initiative
OpenText has set an ambitious agenda with our new corporate citizenship framework.
The OpenText Zero-In Initiative defines the future of OpenText and the advancements
we are striving to achieve by 2030.
Our Zero-In framework is based on three pillars: Zero Footprint, Zero Barriers andZero Compromise. Each pillar includes specific, measurable goals that will shape
how we leverage data to move the dial on important global challenges—and holdourselves accountable.
Our zero-footprint pledge outlines our environmental goals.
Figure 8:

Zero Footprint

Zero-In

Help our customers move to the cloud
Zero waste from operations by 2030
Science-based emissions reduction target of
50% net reduction by 2030/net-zero by 2040

Becoming a net-zero company requires a collective effort across the organization.
Our Corporate Citizenship team has started to work cross-functionally across thebusiness to collect data and information to calculate specific targets, identify reduction
opportunities, and develop plans for energy efficiency projects and decarbonizing ouroperations. Keeping our net-zero target at the forefront makes us stronger.
Further, as a signatory to the United Nations Global Compact (UNGC), we have pledged
to uphold certain environmental principles, including undertaking initiatives that
promote greater environmental responsibility and encouraging the development anddiffusion of environmentally-friendly technologies.
We understand it is a long journey to zero, but we will zero-in every day, shrinking ourfootprint along the way.

Organizations we’re supporting

Building a better world requires collaboration across companies, sectors and borders.
OpenText has joined various industry initiatives to help accelerate progress and impact.
OpenText signed on to the UN Global Compact (UNGC)
Network Canada as a Participant in November 2018 todemonstrate our commitment to sustainability and the
UNGC’s Ten Principles. Through our participation, we are
gaining a deeper understanding about how innovativetechnologies can disrupt climate change and accelerate
progress on all of the Sustainable Development Goals.

16

The OpenText Zero-In Initiative—
Zero FootprintBe a Climate Innovator

EcoVadis is a trusted third-party provider of businessCorporate Social Responsibility (CSR) ratings. Many of ourcustomers use EcoVadis to assess their suppliers in four
categories: environment, labor and human rights, ethics,
and sustainable procurement. OpenText currently has a
Silver rating, which ranks us in the top quartile of companies
evaluated by EcoVadis.
OpenText is a member of the Environmental Paper Network’s
Paper Calculator Power User Program. Power Users areinvesting in solutions to create transformational change by
ensuring that paper production and use contributes to aclean, healthy, just, and sustainable future for life on earth.

D IS C L O S U R E I N S IGHT A C T IO N

CDP Global is an international non-profit organization thatruns the global environmental disclosure system. Our annual
CDP submission outlines how OpenText manages therisks and opportunities presented by climate change anddiscloses our key environmental impacts.
OpenText is a member of the Boston College Centerfor Corporate Citizenship, the largest member services
organization dedicated to advancing CSR and the corporate
citizenship performance of companies.

17

We have a larger role to play
This is the story of the 21st century. This is the fight of our generation.
We have one more bold goal. And we will need our customers’ help—your help—tomeet it.
Information management technology can save one percent of the world’s trees overten years through digital transformation.
IM is transformative. If there are three trillion trees in the world, and each tree produces
10,000 pages of paper, our ambition over the next ten years is for IM to remove enoughprinted content through digitization to save one percent of the world’s trees (that’s 30
billion trees).
Figure 9:

We have a larger role to play—ourbold ambition

3 trillion trees
in the world
Each tree produces
10,000 pages of paper
Our ambition is for IM tosave 1% of the world’s
trees (30 billion trees)

We see a future that is inclusive and sustainable. One where the digital world works toprotect the physical one and organizations use their data for good.
We all need to be climate innovators. We need to understand climate change andunleash exponential innovation that enables our industries and customers to not only
thrive, but shape the future in positive ways.
OpenText is playing it forward. The future is not something to predict, it is something
to build.
Visit our dedicated page to calculate your environmental footprint and see the impact
your business could have through digitization.

18

Be a Climate Innovator

Appendix: Bookshelf
An Inconvenient Truth + An Inconvenient Sequel by Al Gore
Former Vice President Al Gore’s New York Times #1 bestselling book, An
Inconvenient Truth, is a daring call to action, exposing the shocking realityof how humankind has aided in the destruction of our planet and thefuture we face if we do not take action to stop global warming.
An Inconvenient Sequel: Truth to Power, reveals the reality of how
humankind has aided in the destruction of our planet and delivers hopethrough groundbreaking information on what you can do now.
Net Zero: How We Stop Causing Climate Change by Dieter Helm
Net Zero is Professor Dieter Helm’s measured, balanced view of how westop causing climate change by adopting a net zero strategy of reducing
carbon emissions and increasing carbon absorption. It is a rational look at
why the past 30 years of effort have failed, and why and how the next 30
years can succeed.
The Story of More: How We Got to Climate Change and Where to Go
from Here by Hope Jahren
The Story of More illuminates the link between human habits and ourimperiled planet. Hope Jahren takes us through the science behind the
key inventions that, even as they help us, release greenhouse gases into
the atmosphere like never before. She explains the current and projectedconsequences of global warming—from superstorms to rising sea
levels—and the actions that we all can take to fight back.
This Changes Everything: Capitalism vs. The Climate by Naomi Klein
Forget everything you think you know about global warming. The reallyinconvenient truth is that it’s not about carbon—it’s about capitalism. The
convenient truth is that we can seize this existential crisis to transform ourfailed economic system and build something radically better.
The Sixth Extinction: An Unnatural History by Elizabeth Kolbert
Over the last half-billion years, there have been five mass extinctions,when the diversity of life on earth suddenly and dramatically contracted.
Scientists around the world are currently monitoring the sixth extinction,
predicted to be the most devastating extinction event since the asteroid
impact that wiped out the dinosaurs. This time around, the cataclysm
is us.
The New Climate War by Michael E. Mann
A renowned climate scientist shows how fossil fuel companies havewaged a thirty-year campaign to deflect blame and responsibility anddelay action on climate change, and offers a battle plan for how we cansave the planet.
The Uninhabitable Earth by David Wallace-Wells
The Uninhabitable Earth is both a travelogue of the near future and a
meditation on how that future will look to those living through it—theways that warming promises to transform global politics, the meaningof technology and nature in the modern world, the sustainability ofcapitalism and the trajectory of human progress.
19

Endnotes
 nited Nations, Sustainable Development: https://sdgs.un.org/
U(accessed September 2022).

12

 eff Tollefson, “IPCC climate report: Earth is warmer than it’s beenJin 125,000 years,” Nature, August 9, 2021, https://www.nature.com/
articles/d41586-021-02179-1 (accessed September 2022).

“ Carbon emissions of richest 1 percent more than double theemissions of the poorest half of humanity,” Oxfam International,
September 21, 2020, https://www.oxfam.org/en/press-releases/
carbon-emissions-richest-1-percent-more-double-emissionspoorest-half-humanity (accessed September 2022).

https://www.usatoday.com/story/news/world/2020/05/04/worldheat-conditions-unlivable-global-warming-unabated/3063849001/(accessed September 2022).
14

3

4

 nited Nations, The Paris Agreement: https://unfccc.int/processU
and-meetings/the-paris-agreement/the-paris-agreement (accessed
September 2022).

“ Comparing climate impacts at 1.5°C, 2°C, 3°C and 4°C,” Climate
Nexus, https://climatenexus.org/international/ipcc/comparingclimate-impacts-at-1-5c-2c-3c-and-4c/ (accessed September 2022).

H elen Adams, “Top 10 business pledges for 2030,” Sustainability
Magazine, April 30, 2021, https://sustainabilitymag.com/diversityand-inclusion-dandi/top-10-business-pledges-2030 (accessed
September 2022).

“ Ethical supply chains to deliver key competitive advantage in postpandemic commerce,” OpenText, September 29, 2021, https://blogs.
opentext.com/ethical-supply-chains-to-deliver-key-competitiveadvantage-in-post-pandemic-commerce/ (accessed September2022).

15

16

I nfographic: “Climate Leadership in the Eleventh Hour,” United
Nations Global Compact-Accenture CEO Study 2021, https://www.
accenture.com/_acnmedia/PDF-166/Accenture-UNGC-InfographicCEO-Study-2021.pdf (accessed September 2022).

17

 nvironmental impact estimates were made using the Environmental
E
Paper Network Paper Calculator Version 4.0. For more information
visit www.papercalculator.org.

5D iego Rojas, “How the Climate Crisis Is Impacting Bangladesh,”
The Climate Reality Project, December 9, 2021, https://www.
climaterealityproject.org/blog/how-climate-crisis-impactingbangladesh (accessed September 2022).

6

E amon Barrett, “New York flooding will get ‘10 times’ worse as sea
levels rise, threatening to sink the U.S. financial capital,” Fortune,
February 16, 2022, https://fortune.com/2022/02/16/new-yorkflooding-cost-noaa-projection-2050/ (accessed September 2022).

7

8

9

 ichard Luscombe, “Will Florida be lost forever to the climateR
crisis?” The Guardian, April 21, 2020, https://www.theguardian.com/
environment/2020/apr/21/florida-climate-crisis-sea-level-habitat-loss(accessed September 2022).
 obert Kennedy, “Extreme hotspot: What 60C means for the Middle
R
East,” Al Jazeera, November 8, 2021, https://www.aljazeera.com/
news/2021/11/8/climate-hotspot-what-60c-means-for-the-middleeast (accessed September 2022).

10

 atthew Willshire, “Climate change made UK heatwave more intenseM
and at least 10 times more likely,” Imperial College London, August
2, 2022, https://www.imperial.ac.uk/news/238772/climate-changemade-uk-heatwave-more/ (accessed September 2022).

 obert Kennedy, “Extreme hotspot: What 60C means for the Middle
R
East,” Al Jazeera, November 8, 2021, https://www.aljazeera.com/
news/2021/11/8/climate-hotspot-what-60c-means-for-the-middleeast (accessed September 2022).

“ Responsible Supply Chain Tools: Understanding the Market
Opportunity,” Monitor Institute by Deloitte, April 2019, https://www2.
deloitte.com/content/dam/Deloitte/us/Documents/about-deloitte/us-about-deloitte-humanity-united-responsible-supply-chain-tools.
pdf (accessed September 2022).

18

19

 nvironmental impact estimates were made using the Environmental
E
Paper Network Paper Calculator Version 4.0. For more information
visit www.papercalculator.org.
“ Cloud Computing Could Eliminate a Billion Metric Tons of CO2
Emission Over the Next Four Years, and Possibly More, According
to a New IDC Forecast,” IDC, March 8, 2021, https://www.idc.com/
getdoc.jsp?containerId=prUS47513321 (accessed September 2022).

20“ 2022 Corporate Citizenship Report,” OpenText, August 2022, https://www.opentext.com/assets/documents/en-US/pdf/opentext-fy22corporate-citizenship-report-en.pdf (accessed September 2022).

21

22

 livier M. Schwab, “Get the reporting right and sustainability willO
follow,” World Economic Forum, June 15, 2022, https://www.weforum.
org/agenda/2022/06/sustainability-reporting-why-important/(accessed September 2022).

23

 nvironmental impact estimates were made using the Environmental
E
Paper Network Paper Calculator Version 4.0. For more information
visit www.papercalculator.org.

11“ What can a person survive? The borders of the human body,”
Thieme Medical Publishers, https://www.thieme.com/resources/66resources/resources-for-students/1014-what-can-a-person-survivethe-borders-of-the-human-body (accessed September 2022).

1213

 oyle Rice, “Unsuitable for ‘human life to flourish’: Up to 3B will live inDextreme heat by 2070, study warns,” USA Today, May 4, 2020,20

24

 annah Ritchie, “Which form of transport has the smallest
H
carbon footprint?” Our World in Data, October 13, 2020,
https://ourworldindata.org/travel-carbon-footprint (accessed
September 2022).

25

 N Global Compact: https://www.unglobalcompact.org/ (accessed
U
September 2022).

Be a Climate Innovator

Cautionary Note Regarding Forward-Looking Statements
Certain statements in this presentation, including statements about the focus of Open Text Corporation (“OpenText” or “the Company”)
on growth, initiatives, the impact of COVID-19, anticipated benefits of our partnerships and next generation product lines, thestrength of our operating framework and balance sheet flexibility, continued investments in innovation, go-to-market and strategicacquisitions, our capital allocation strategy, creating value through investments in broader Information Management (IM) capabilities,
the Company’s presence in the cloud and in growth markets, expected growth in our revenue lines, total growth from acquisitions,innovation and organic initiatives, improving operational efficiency, its financial condition, scaling OpenText to new levels, and othermatters, which may contain words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “may”, “could”,“would”, “might”, “will” and variations of these words or similar expressions are considered forward-looking statements or information
under applicable securities laws. In addition, any information or statements that refer to expectations, beliefs, plans, projections,objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, areforward-looking, and based on our current expectations, forecasts and projections about the operating environment, economies andmarkets in which we operate. Forward-looking statements reflect our current estimates, beliefs and assumptions, which are based on
management’s perception of historic trends, current conditions and expected future developments, as well as other factors it believes
are appropriate in the circumstances, such as certain assumptions about the economy, as well as market, financial and operational
assumptions. Management’s estimates, beliefs and assumptions are inherently subject to significant business, economic, competitive
and other uncertainties and contingencies regarding future events and, as such, are subject to change. We can give no assurance thatsuch estimates, beliefs and assumptions will prove to be correct. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors and assumptions that may cause the actual results, performance or achievements to differ materially.
For additional information with respect to risks and other factors which could occur, see the Company’s Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q and other securities filings with the Securities and Exchange Commission (SEC) and other securities
regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of thedate made. Unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update orrevise any forward-looking statements, whether as a result of new information, future events or otherwise.

21

Be a Climate Innovator

About OpenText
OpenText, The Information Company, enables organizations to gain insight through market leading information management
solutions, on-premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit www.opentext.com.

Connect with us
OpenText CEO Mark Barrenechea’s blog
Twitter | LinkedIn

Contact
Sales
Email: sales@opentext.com
Partners
Email: partners@opentext.com
Media Relations
Email: publicrelations@opentext.com

opentext.com/contact

Copyright ©2022 Open Text. OpenText is a trademark or registered trademark of Open Text. The list of trademarks is not exhaustive of other trademarks. Registered trademarks, product names, company names,
brands and service names mentioned herein are property of Open Text. All rights reserved.  For more information, visit: http://www.opentext.com/2/global/site-copyright.html