Recognition is the latest in a series of
leader and employer awards received by the company
WATERLOO, ON, Sept. 12,
2024 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX:
OTEX) today announced that it has been included in the TIME World's
Best Companies 2024 ranking. The award, presented by TIME and
Statista, identifies top-performing companies across the globe
based on three primary dimensions: Employee Satisfaction, Revenue
Growth, and Sustainability (ESG). This is the second year in a row
that OpenText has been named as one of the World's Best Companies
by TIME.
"The OpenText vision is to be the best Information Management
company in the world where information elevates every individual
and every organization to be their best," said Mark J. Barrenechea, CEO & CTO of OpenText.
"On behalf of our employees and customers, we are honored to be
recognized by TIME as one of the World's Best Companies and are
extremely grateful for those turning our vision a reality."
This acknowledgement from TIME is the latest in a series of
accolades awarded to OpenText that distinguishes the company as
both a leader and an employer-of-choice. Recent award wins
include:
- Recognition by Forbes as one of the World's Best Employers for
three consecutive years, including ranking within the top 20% of
all global companies in 2023.
- Recognition by Forbes as the World's Top Companies for Women
for the first time in 2023, a testament to our unwavering
commitment to equity, diversity, and inclusion.
- Being named as one of Canada's
Best Employers four years in a row, as well as one of Canada's Best Employers for Diversity by
Forbes for two consecutive years.
- Receiving a 2024 Canadian Business Innovation Award as one of
Canada's Most Innovative
Companies.
- Ranking on the Canada's Top
100 Employers ten times, including in 2024, and ranking for the
first time on Canada's Greenest
Employers list in 2024.
Innovating for a sustainable, equitable, and inclusive
future
"While some corporations are questioning their commitment to
Diversity, Equity and Inclusion, OpenText is not," added
Barrenechea. "Our culture centers on performance, fairness, and
being practical. We strive to unlock the voice and potential in
each of our employees, in the context of business, and believe this
is essential to be a top innovator and performer."
Last month, OpenText released its annual Corporate Citizenship
Report, providing a detailed update on its progress relating to the
OpenText Zero-In Initiative, the company's guiding framework to
achieving global impact goals related to the company's
Environmental, Social, and Governance (ESG) commitments and
program.
The report, which covers the company's fiscal year 2024
(July 1, 2023 – June 31, 2024), details the many actions that
OpenText is taking to achieve its Zero-In goals relating to Zero
Footprint, Zero Barriers, and Zero Compromise. Key highlights from
the report include:
- Affirming the company's commitment to responsible Business AI
via the OpenText AI Bill of Obligations, as well as becoming one of
the first signatories of Canada's
Voluntary Code of Conduct on the Responsible Development and
Management of Advanced Generative AI Systems.
- Spotlighting the ways in which OpenText continues to prioritize
and consider environmental impact on its path towards net-zero,
including its commitment to company-wide emissions reduction
initiatives that are in line with the Science Based Targets
Initiative (SBTi).
- Showcasing the company's continued efforts relating to
community impact and volunteerism, reporting more than 35,000
volunteer hours committed by employees in 2024 and over
$1.45 million donated to charities
around the world in alignment with several of the United Nations
Sustainable Development Goals (SDGs).
Learn more about the OpenText Zero-In Initiative, including
details on the company's Zero Footprint, Zero Barriers, and Zero
Compromise goals, by reading the 2024 Corporate Citizenship Report:
https://www.opentext.com/about/corporate-citizenship.
About OpenText
OpenText™ is the leading Information Management software and
services company in the world. We help organizations solve
complex global problems with a comprehensive suite of Business
Clouds, Business AI, and Business Technology. For more
information about OpenText (NASDAQ/TSX: OTEX), please visit us
at www.opentext.com.
Connect with us:
OpenText CEO Mark Barrenechea's
blog
Twitter | LinkedIn
Certain statements in this press release may contain words
considered forward-looking statements or information under
applicable securities laws. These statements are based on
OpenText's current expectations, estimates, forecasts and
projections about the operating
environment, economies and markets in which the
company operates. These statements are subject to important
assumptions, risks and uncertainties that are difficult to predict,
and the actual outcome may be materially different. OpenText's
assumptions, although considered reasonable by the company at the
date of this press release, may prove to be inaccurate
and consequently its actual results could differ
materially from the expectations set out herein.
For additional information with respect to risks and
other factors which could occur, see OpenText's Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q and other securities
filings with the SEC and other securities regulators. Readers are
cautioned not to place undue reliance upon any such forward-looking
statements, which speak only as of the date made. Unless otherwise
required by applicable securities laws,
OpenText disclaims any intention
or obligations to update or revise any forward-looking
statements, whether as a result of new information,
future events or otherwise. Further, readers should note that we
may announce information using our website, press releases,
securities law filings, public conference calls, webcasts and the
social media channels identified on the Investors section
of our website (https://investors.opentext.com). Such social media
channels may include the Company's or our CEO's blog, Twitter
account or LinkedIn account. The information posted through such
channels may be material. Accordingly, readers
should monitor such channels in addition to our other
forms of communication.
Copyright © 2024 OpenText. All Rights Reserved. Trademarks
owned by OpenText. One or more patents may cover this product(s).
For more information, please
visit https://www.opentext.com/patents.
OTEX-G
View original content to download
multimedia:https://www.prnewswire.com/news-releases/opentext-named-one-of-the-worlds-best-companies-by-time-magazine-for-the-second-consecutive-year-302245223.html
SOURCE Open Text Corporation