TEAMVIEWER SE.
TMV.XETRA | Computer programming activities
TeamViewer SE is a global technology company and a leading provider of remote connectivity solutions. The company develops and distributes software for remote access, remote control, remote support, and collaboration. Its products enable users to connect to devices, share screens, and conduct online...Show More
Better Health for All
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TeamViewer's core products are remote connectivity solutions, which are generally health-neutral. While the company's solutions have been used in healthcare settings, such as improving response times by 75% and reducing hospital referrals by 62% in a case study, and enabling early disease detection through thermal imaging, there is no evidence to quantify what percentage of the company's overall product portfolio or revenue is dedicated to health-related applications.
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The company's solutions are noted to improve access to care for patients in remote areas, and are HIPAA compliant with granular control over patient data, but there is no quantitative data to assess the extent of vulnerable populations reached, the overall transparency of health risks, or the company's specific investment in health education or workforce support.
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Therefore, all KPIs are scored as neutral or not applicable due to a lack of specific, quantifiable evidence directly linking the company's core business or specific initiatives to the defined health metrics.
Fair Money & Economic Opportunity
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TeamViewer SE is a technology company providing remote connectivity solutions.
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Its core business involves developing and distributing software for remote access and collaboration.
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The company does not offer lending, deposit, or other financial services to consumers or businesses that would fall under the scope of 'Fair Money & Economic Opportunity'.
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Therefore, all KPIs related to financial products, services, fees, lending practices, customer financial outcomes, and financial literacy are not applicable to TeamViewer's operations. The provided articles do not contain any evidence of TeamViewer engaging in activities that would be scored under this value.
Fair Pay & Worker Respect
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In 2024, the CEO to median employee pay ratio was 27.72:1.
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The median gender pay gap in 2024 was 15.4%, meaning women earned 84.6% of men's median pay.
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The voluntary employee turnover rate was 18.6% in 2024.
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There were four reported incidents of discrimination and harassment in 2024, which resulted in one disciplinary action.
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As of December 31, 2024, 8 out of 1,641.3 employees (0.49%) were on temporary contracts.
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Fair Trade & Ethical Sourcing
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TeamViewer's September 2023 Supplier Code of Conduct outlines expectations for ethical business practices from its suppliers, covering social, governance, and environmental standards.
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The code emphasizes zero tolerance for forced, child, or compulsory labor and mandates compliance with applicable national and international laws.
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It also states that TeamViewer expects suppliers to comply through self-declarations, third-party certifications, and on-site audits, with non-compliance potentially leading to disqualification.
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However, the provided articles do not contain any quantitative data, specific outcomes, or percentages related to the company's performance on KPIs such as audit frequency, forced or child labor incidents, traceability coverage, remediation speed, ethical clause coverage, or supplier diversity spend.
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Given TeamViewer's core business as a software provider, it does not procure or trade physical commodities or high-risk materials, making the fair_trade_cert_share and materials_risk_index KPIs not applicable.
Honest & Fair Business
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TeamViewer's Code of Conduct outlines a whistleblower system for reporting concerns.
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The Code also details principles for ethical business conduct, including avoiding conflicts of interest, handling gifts, complying with anti-money laundering laws, and respecting global trade controls and sanctions.
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TeamViewer's data centers are ISO/IEC 27001 certified, indicating independent verification of its information security management system.
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Kind to Animals
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No specific, concrete data points for TMV.XETRA related to any 'Kind to Animals' KPIs were found in the provided articles. The articles discuss remote support software
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, AI uptake
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, and general trends in alternative animal testing methods or funding
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, but do not contain any information regarding TeamViewer's practices concerning animal welfare, testing, or animal-derived products. Therefore, all KPIs are omitted due to lack of evidence.
No War, No Weapons
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TeamViewer has ceased all business activities in Russia and Belarus, blocked unlicensed connections, and disabled new downloads to these countries, stating compliance with all international sanctions as of May 6, 2022.
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Its EULA prohibits exports to restricted countries and for use in chemical, biological, or nuclear weapons, or missiles, drones, or space launch vehicles capable of delivering such weapons.
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The company is a signatory to the UN Global Compact, supporting its ten principles, and its Code of Conduct includes provisions for respecting human rights.
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TeamViewer states "Involvement in activities related to controversial weapons paragraph 40 (d) iii Indicator number 14 Table of Annex Delegated Regulation (EU) 2020/1818 ( 7 ), Article 12(1) Delegated Regulation (EU) 2020/1816, Annex II Non-material".
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Planet-Friendly Business
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TeamViewer's total Scope 1, 2, and 3 greenhouse gas emissions for 2024 were 21,336 metric tons CO₂ equivalent, representing a 12.94% decline from 2023.
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The company has SBTi-approved near-term and long-term targets, aligned with a 1.5°C pathway, including a 50% reduction in Scope 1 and 2 emissions by 2030 and a 90% reduction in Scope 1, 2, and 3 emissions by 2040.
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In 2024, 80% of its operational energy consumption was sourced from renewables.
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For 2023, water withdrawn per revenue was 5.388 m³ per $1 million.
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In 2023, 75.1% of the company's capital expenditure was taxonomy-eligible.
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TeamViewer began conducting a greenhouse gas lifecycle assessment in 2023 and continued this work in 2024.
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All retired carbon credits in 2024 were from projects in the EU and ISO 14064 compliant.
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The company plans to invest a seven-figure euro amount by 2040 in permanent carbon removal initiatives.
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By 2028, TeamViewer will require its key suppliers to establish binding Scope 1 to Scope 3 emission reduction targets supporting a net-zero trajectory by 2050.
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No environmental compliance violations were reported in 2023.
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The company has a net-zero target year of 2040.
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TeamViewer's Climate Transition Plan aligns with TCFD goals, and climate scenario analysis was conducted using IPCC scenarios, including a high-emissions scenario (SSP 5-8.5) and a 1.5 °C scenario (SSP 1-2.6).
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The company states there are no possible trapped GHG emissions from its main assets and products that could threaten its GHG emission reduction goals.
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Respect for Cultures & Communities
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The company has no reported cultural appropriation incidents. Its business model, focused on remote connectivity solutions, does not typically involve activities that would lead to such incidents. The company has a zero-tolerance policy towards discrimination and reported no significant human rights violations in 2023.
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Safe & Smart Tech
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TeamViewer experienced a cyberattack detected on June 26, 2024, which compromised employee directory data, including names, contact information, and encrypted passwords.
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The attack was contained to the internal IT environment and did not affect product environments, connectivity platforms, or customer data.
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The company responded by hardening employee authentication, implementing additional security layers, and rebuilding its internal IT environment.
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TeamViewer has obtained the TÜVIT 'Trusted Site Privacy' Certification for its Remote and Tensor products.
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All employees receive routine annual IT security training, and the average employee training hours in 2023 were 11.8 hours.
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The company has a specialized security organization with 24/7 monitoring.
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TeamViewer became a CVE Numbering Authority (CNA) in 2021 and has improved its vulnerability management processes, including remediation and SLAs.
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It has a public bug bounty program, launched in 2024, which offers rewards up to €10,000 for critical vulnerabilities and has revealed issues missed by traditional penetration tests.
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The program covers its web domain, desktop clients, Login service, management console, and smartphone apps.
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TeamViewer uses traditional penetration testing and hosted a live hacking event in September 2024 to test selected systems, including new Digital Employee Experience (DEX) solutions and expanded AI capabilities.
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TeamViewer states it has implemented privacy by design and is committed to GDPR compliance, maintaining a central data deletion concept with annual company-wide data deletion efforts.
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Zero Waste & Sustainable Products
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TeamViewer reported no environmentally relevant incidents or fines in 2023.
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The company conducts annual reviews of its sites, covering both existing and new locations.
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Waste reduction initiatives include introducing waste separation options at all German sites, with global rollout, and extending the lifetime of IT and electrical equipment by selling it to secondary recycling partners or donating it after overhaul.
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Additionally, the digitalization of warehouse operations led to a reduction of approximately 100,000 paper sheets per year.
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TeamViewer has company-wide waste reduction targets, as evidenced by its commitment to cut absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030 and Scope 3.1 and 3.2 GHG emissions by 37.8% by 2030, compared to a 2021 baseline.
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The company requires key suppliers to establish binding Scope 1 to Scope 3 emission reduction targets by 2028, supporting a net-zero trajectory by 2050.
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