Ekinops Strengthens ESG Commitment with New Initiatives
Ekinops' Corporate Social Responsibility Initiatives
Ekinops (Euronext Paris - FR0011466069 – EKI) is making notable strides in its commitment to Environmental, Social, and Governance (ESG) principles. These efforts, driven by the Board of Directors and the ESG Committee, aim to enhance transparency and accountability within the company's operations. As part of its Corporate Social Responsibility (CSR) strategy, Ekinops is actively pursuing a series of projects designed to make a meaningful impact on society and the environment.
Key Projects and Reports
In line with its commitment, Ekinops has introduced several key reporting initiatives as illustrated below:
- Corporate Sustainability Reporting Directive (CSRD) Report: Ekinops released its inaugural CSRD report in a timely manner, revealing its non-financial metrics for the previous fiscal year. This report includes a thorough double materiality analysis and emphasizes the company's efforts towards sustainability governance.
- Improvement in EcoVadis Rating: Ekinops has improved its score to 75/100 after receiving a 9-point increase, highlighting advancements in both environmental and social dimensions. This accomplishment secures the Silver Medal for the company, placing it in the top percentile of comparable organizations.
- Communication on Progress (CoP) 2025: This annual communication underscores Ekinops' ongoing commitment to the United Nations' Global Compact, reinforcing its dedication begun in 2022.
- Carbon Disclosure Project (CDP) Report: In another significant step, Ekinops submitted its Climate Change questionnaire for the latest fiscal year, aiming to elevate its initial rating obtained in 2023.
- Climate Transition Strategy: Beginning in mid-2025, the company will initiate its climate transition plan, aiming to set measurable targets for reducing carbon emissions with the support of ADEME, France's ecological transition agency.
Incorporation of ESG Objectives in Remuneration
Reflecting its dedication to ESG principles, Ekinops has integrated specific ESG performance objectives into the variable compensation for its Chairman and CEO, along with other employees. Through this strategy, the CSR Committee aims to instill a culture of accountability that aligns the company's success with environmental and social standards. For the fiscal year 2025, the Board has approved four pertinent targets that include enhancements in climate action, gender equality initiatives, and responsible purchasing practices.
Science Based Targets Initiative (SBTi)
The Group is also examining its participation in the Science Based Targets Initiative, which focuses on companies setting science-aligned emissions reduction targets. In light of ongoing revisions to validation criteria, the CSR Committee has decided to defer the approval of specific greenhouse gas reduction targets.
Statements from Leadership
Didier Brédy, Chairman and CEO of Ekinops, expressed, “Ekinops' strategic plan, Bridge, is further strengthened by our CSR initiatives, which empower us to take significant actions towards fostering a responsible telecommunications industry. Our dedication and the substantial progress we've made in H1 2025 reflect our commitment to excellence.”
About Ekinops
Ekinops is a prominent provider of innovative and reliable networking solutions, catering to service providers globally. Their advanced solutions facilitate quick, efficient, and cost-effective deployment of services for high-speed optical transport and enterprise operations.
With a diverse product line including EKINOPS360, OneAccess, and Compose, Ekinops helps businesses transition to software-defined networks while preparing them for future deployments.
Get in Touch
If you're interested in learning more about Ekinops and its initiatives, feel free to reach out to Alice Fairless by email at alice.f@iseepr.co.uk or call +44 (0) 113 350 1922.
Frequently Asked Questions
What initiatives are part of Ekinops' ESG commitment?
Ekinops has rolled out several programs, including sustainability reporting, EcoVadis assessment, and communications under the UN Global Compact.
How has Ekinops' EcoVadis score changed?
The company achieved a score of 75/100, representing a substantial improvement in its ESG performance metrics.
What is the importance of the CSRD report for Ekinops?
The CSRD report is significant as it discloses non-financial information and reflects the company's commitment to sustainability efforts and governance.
How will ESG targets affect executive compensation?
ESG objectives are included in the variable compensation for executives, promoting accountability in corporate governance.
Who can I contact for more information about Ekinops?
You can contact Alice Fairless at alice.f@iseepr.co.uk for more details.
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