o9 Solutions' 2022 ESG Report: Actions and Future Aims
o9 Solutions, a prominent provider of enterprise AI software platforms for revolutionising planning and decision-making processes, has unveiled its latest ESG Impact Report.
This report sheds light on o9's endeavours in sustainability and social responsibility, presenting metrics and outcomes achieved throughout the year 2022.
Among the notable initiatives highlighted in the report are:
Embracing the Climate Pledge and committing to achieve carbon neutrality by 2040, a decade ahead of the Paris Agreement's target. In addition, o9 has set its Science Based Target Initiative (SBTi) objectives, concentrating on a decarbonisation strategy to attain net-zero status across Scope 1, 2, and 3 by 2040.
Leveraging the capabilities of the o9 Sustainability Solution, the company has calculated its carbon footprint, streamlining environmental data collection and analysis to facilitate informed, sustainable choices.
Registering a remarkable 14-point enhancement in Work-Life Balance according to o9's annual Employee Satisfaction Survey.
Affirming its dedication to diversity and inclusion, o9 has signed the CEO Action for Diversity and Inclusion™ pledge, vowing to foster an inclusive workplace for employees, communities, and society at large.
o9 initiated the measurement of its ESG initiatives' outcomes in 2021. The inaugural report from last year established a foundation for developing annual key performance indicators (KPIs) and assessing the progression of comprehensive sustainability and social responsibility efforts across the organisation.
The 2022 ESG Impact Report from o9 was meticulously compiled using well-recognised sustainability frameworks (GRI, SASB, SDGs, or GHG Protocol), and an updated Materiality Analysis was conducted to ensure the inclusion of the most impactful subjects. To ensure the ongoing enhancement of ESG KPIs, o9 engaged a third-party entity to perform limited assurance on pivotal ESG indicators.
Chakri Gottemukkala, Co-founder and CEO of o9 Solutions, stated:
"The undeniable reality is that climate change poses substantial risks to both humanity and the planet. Thus, we must escalate our endeavours as responsible stewards, ensuring the well-being and prosperity of generations to come. Leveraging o9's continued global growth and expansion, we aspire to become a net-positive entity, leaving a positive impact on the planet."
Igor Rikalo, President and COO of o9, added, "In the modern world, sustainability isn't just an option; it's a responsibility. As a software company, we possess the capacity to innovate and devise solutions that not only drive profits but also contribute to our planet and future generations. Sustainability is deeply ingrained in our business strategy, encompassing reductions in our carbon footprint, waste minimisation, and the promotion of social and economic equity."
To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.
Source: o9 Solutions