Acumatica Earns EcoVadis Silver Medal for Sustainable Practices
BELLEVUE, Wash. — Acumatica’s unwavering commitment to sustainability and responsible business practices has led to its recognition with the prestigious EcoVadis Silver Medal. This award marks the third consecutive year that Acumatica has achieved this honor, placing the company in the esteemed top 15% of competitors in the industry and in the 89th percentile of all companies evaluated globally. Such recognition not only highlights Acumatica's commitment to environmental, social, and governance (ESG) initiatives but also emphasizes its tangible progress in creating a positive impact within its communities and beyond.
Acumatica’s Environmental, Social, and Governance Commitment
As part of its ongoing efforts, Acumatica has shared detailed insights about its advancements in ESG strategy and performance through its annual report titled Building the Future of Business, Together – Acumatica Annual Environmental, Social and Governance Report. The report has been developed in conjunction with the company’s AcumatiCares program and outlines various sustainability and ethical governance practices that are instilled throughout the organization.
Key Commitments and Data Points
Throughout the year, Acumatica has made significant strides in reducing its carbon footprint, promoting inclusion within its workforce, and ensuring sustainable operations. The report features prominent highlights that showcase the impact of Acumatica’s ESG initiatives during the year:
- Covered 99% of its global office electricity consumption through Renewable Energy Certificates.
- Successfully diverted nearly 99% of waste generated at the Acumatica Summit, preventing over 22,000 pounds of trash from reaching landfills.
- Provided employees with 4,386 hours of professional development, focusing on enhancing their skills and careers.
- Achieved 35.7% women representation in the workforce, surpassing the tech industry average of 26.7%.
- Contributed to various community organizations, including humanitarian aid through financial support to the Ukrainian Relief Fund and the Canadian Red Cross Society.
- Secured alignment with the Science Based Targets initiative (SBTi) to set near-term emissions reduction goals in accordance with global climate standards.
Leadership Insight from the CEO
John Case, CEO of Acumatica, expressed that the company’s dedication to building a sustainable and responsible future is fundamental to its values. He stated, "By reducing our carbon footprint, fostering inclusivity, and advancing sustainable operations, we’re ensuring our work extends beyond business to create a meaningful, lasting difference. Our ESG efforts and the recognition we receive from EcoVadis demonstrate our commitment to enhancing our initiatives further. However, we remain aware that our journey is ongoing, and we continue to pursue innovative solutions for a cleaner, greener future."
Explore Acumatica’s Full ESG Report
To gain deeper insights into Acumatica’s aspirations and accomplishments, the complete ESG report is available for review. This report provides comprehensive details about how the company is paving the way for responsible practices in today’s fast-paced business environment.
Who is Acumatica?
Acumatica Cloud ERP stands out as a unique business management solution crafted specifically for small to mid-market organizations. Founded with a vision to enhance collaboration and connectivity in the workplace, Acumatica offers flexible solutions that adapt to the diverse needs of today’s businesses. Its intuitive customer-focused practices coupled with industry-specific functions empower organizations to excel in an ever-evolving market landscape.
Frequently Asked Questions
What is the EcoVadis Silver Medal?
The EcoVadis Silver Medal is an award recognizing companies that excel in sustainability and responsible business practices, placing them among the top performers in their industry.
Why is Acumatica recognized with this award?
Acumatica is recognized for its substantial contributions to environmental, social, and governance (ESG) initiatives, which have led to significant improvements and positive impacts.
How does Acumatica implement its ESG strategy?
Acumatica implements its ESG strategy through various initiatives, including reducing its carbon footprint, promoting gender diversity, and engaging in responsible philanthropic activities.
Where can I find Acumatica's ESG report?
Acumatica's complete ESG report can be accessed directly from their AcumatiCares site and showcases their commitments and achievements in sustainable practices.
What are Acumatica's future sustainability goals?
Acumatica aims to continue enhancing its sustainable practices while exploring innovative approaches to reduce emissions, promote inclusivity, and contribute positively to the community.
