Many of the company's products provide 3D visualization and analysis of product design, building sites, natural and electrical lighting options, heating and cooling requirements, water and energy use, and green building material selection. These tools decrease the waste and environmental impacts of design processes by reducing paper consumption and the need for prototypes, as well as encouraging better initial designs due to the software's efficiency in highlighting design issues.
In recognition of its products' potential, Autodesk has recently partnered with the U.S. Green Building Council with a goal of integrating its technology with the Leadership in Energy and Environmental Design rating system. Autodesk states: "There's little doubt that the need for sustainable design is critical as a solution to climate change and global warming. Our planet is facing an environmental crisis that can only be overcome if everyone pitches in to help-not just governments or environmental groups, but corporations as well." Autodesk has made significant strides in its accounting of the company's environmental footprint. However, additional progress can be made by setting key performance indicator goals for the company's direct and indirect impacts.
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 9/30/12 and may not reflect current opinions or subsequent events.