Sidetrade and its distinguished CSR commitment
19 Febbraio 2024 - 10:48AM
Sidetrade and its distinguished CSR commitment
Sidetrade, the global leader in AI-powered
Order-to-Cash applications, proudly announces it has been
rated Gold by EthiFinance and Silver by
EcoVadis. This dual recognition underscores the company's
commitment to ethical business practices and sustainable
operations.
For the first time, Sidetrade has achieved a
Gold medal by EthiFinance, the rating agency for European
listed SMEs, for its extra-financial performance. For 2022,
Sidetrade secured an impressive score of 76/100, marking a clear
improvement up from 65/100 the previous year. Notably
Sidetrade’s environmental score saw the biggest jump with a
43-point increase, whilst achieving a near perfect score in the
social category with 93/100.
Sidetrade has also secured a Silver medal for
the 2023 sustainability rating by EcoVadis, the world's most
trusted business sustainability ratings. With an overall score of
68/100, Sidetrade achieved its best rating to date, registering a
significant 15-point increase on 2022. The company improved its
social and ethics score by 20 points, and its environmental score
by 10 points. This performance places Sidetrade in the 91st
percentile of companies assessed by EcoVadis in terms of
environmental, social and ethical performance.
Philippe Gangneux, CFO and CSR Ambassador at
Sidetrade commented: "These ratings by EthiFinance and EcoVadis
are a remarkable recognition of our commitment to Corporate Social
Responsibility (CSR). By encouraging teams at all levels and across
all functions, we cultivate a firm commitment to minimizing our
environmental impact. We are determined to work for positive
change, both within our company and beyond.”
Since 2021, Sidetrade’s social and environmental
commitment has been recognized through ESG assessments by Ecovadis
and EthiFinance. Having previously been ranked Silver by
EthiFinance and Bronze medal by EcoVadis in 2021, Sidetrade has
embarked on a journey of progress to achieve advanced ratings by
both rating agencies.
Recognizing the importance of reducing carbon
emissions, Sidetrade has carried out its first full carbon
assessment (scopes 1, 2 and 3) for the fiscal year 2022. This
initiative is designed to record precise data on its global
greenhouse gas (GHG) emissions globally, and adopt a targeted
strategy to reduce its carbon footprint.
In 2023 Sidetrade published its Corporate Social
Responsibility strategy which encompasses its goals and activities
aimed at fostering a positive influence on its employees,
customers, stakeholders and the environment. The key
commitments outlined in this CSR report include:
- Controlling its carbon footprint
- Driving innovation and investing in talent
- Securing data
- Building sustainable, ethical and transparent
relationships
Learn more about Sidetrade’s CSR
commitments.
Sidetrade
contactsRebecca
Parlby 00 44 7824
5055 84
bparlby@sidetrade.com
About Sidetrade
(www.sidetrade.com)Sidetrade (Euronext Growth:
ALBFR.PA) provides a SaaS platform dedicated to securing and
accelerating cash flow. Sidetrade’s next-generation AI, nicknamed
Aimie, analyzes $4.6 trillion worth of B2B payment transactions
daily in the Sidetrade Cloud to predict customer payment behavior
and the attrition risk of more than 21 million companies worldwide.
Aimie recommends the best cash collection strategies, intelligently
automates actions on the Order-to-Cash process, and dematerializes
customer transactions to enhance productivity, performance, and
working capital management. Sidetrade has a global reach, with 300
talented employees based in Paris, London, Birmingham, Dublin,
Houston, Calgary and Tulsa, serving global businesses in more than
85 countries. Amongst them: Tech Data, KPMG, Nespresso, Hearst,
Expedia, Criteo, Manpower, Securitas, Randstad, Engie, Veolia,
Inmarsat, and Bidfood.Sidetrade is a participant of the United
Nations Global Compact and adheres to its principles-based approach
to responsible business.For further information, visit us at
www.sidetrade.com and follow us on Twitter @Sidetrade.
In the event of any
discrepancy between the French and English versions of this press
release, only the English version is to be taken into account.
- Sidetrade and its distinguished CSR commitment
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