Sidetrade Achieves New Heights in ESG Recognition and Ratings
Introduction to Sidetrade's ESG Achievements
Sidetrade, the global leader in AI-powered Order-to-Cash applications, has recently set remarkable new standards in environmental, social, and governance (ESG) criteria. The company has received a prestigious Platinum medal from EthiFinance accompanied by a Silver medal from EcoVadis for its exemplary sustainability efforts.
Sidetrade's Commitment to Sustainability
In the current evaluation year, Sidetrade achieved an outstanding rating of 84/100 from EthiFinance, a recognized rating agency focusing on European-listed SMEs. This score signifies a matchless accomplishment, as it represents an 8-point enhancement from the previous year. Such progress illustrates Sidetrade's commitment to integrating sustainability into its core strategy, reducing environmental impact, and establishing robust governance frameworks.
Recognition from EcoVadis
Furthermore, Sidetrade has strengthened its position with EcoVadis, known globally for its trustworthiness in business sustainability ratings, achieving a score of 70/100 and earning a Silver medal for the second consecutive year. One of the most remarkable achievements was a significant improvement in environmental performance, where the company saw a noteworthy 10-point increase. This reflects Sidetrade’s ongoing dedication to responsible business practices and targeted sustainability initiatives.
Insights from Leadership
Philippe Gangneux, CFO and CSR Ambassador at Sidetrade, shared his thoughts on the company's trajectory: "Since 2021, we have been pushing forward with an ambitious ESG roadmap. Our continuous improvement in ESG rankings exemplifies how economic success can complement positive societal impact. The remarkable results we see today are not just numbers; they embody our commitment to elevating standards, driving profound innovation, and embedding sustainability within our business strategy."
Sidetrade’s Strategic Pillars for CSR
Sidetrade's corporate social responsibility (CSR) strategy is built upon four essential pillars aimed at fostering sustainable practices:
- Reducing Carbon Footprint: This pillar focuses on minimizing environmental impact by aligning operations with the principles set out in the Paris Agreement.
- Fostering Innovation and Inclusion: Sidetrade emphasizes the importance of diversity and collaboration to spark creativity and ensure equitable opportunities within the organization.
- Digital Security and Ethics: By enhancing data protection standards, Sidetrade is dedicated to promoting responsible digital practices across the board.
- Integrity and Transparency: The company places a strong emphasis on ethical business practices and maintaining exemplary governance.
Looking Ahead to Future Reports
As part of its commitment to transparency and accountability, Sidetrade plans to release its Bilan Carbone and 2024 CSR Report. This document will provide further insights into their sustainability efforts and outcomes achieved throughout the year.
Connecting with Sidetrade
Media inquiries and further information about Sidetrade can be directed to Becca Parlby at +44 7824 5055 84 or via email. For more information about the company and its initiatives, visit the official Sidetrade website.
Sidetrade Overview
Sidetrade (Euronext Growth: ALBFR) is at the forefront of transforming how businesses manage their cash flow through its innovative SaaS platform. With a cutting-edge AI named Aimie, Sidetrade can analyze daily transactions worth $7.2 trillion in B2B and predict customer behavior. This enables the company to enhance the Order-to-Cash processes, optimizing productivity and working capital management. With over 400 dedicated employees globally, Sidetrade serves clients in more than 85 countries, including leading firms across various industries.
Frequently Asked Questions
What is Sidetrade's main focus?
Sidetrade primarily focuses on AI-powered solutions to enhance the Order-to-Cash process for businesses worldwide.
What recent awards has Sidetrade received for sustainability?
Sidetrade has earned a Platinum medal from EthiFinance and a Silver medal from EcoVadis in 2024.
How has Sidetrade improved its ESG ratings?
Sidetrade improved its ESG ratings through targeted initiatives aimed at reducing environmental impact and enhancing governance frameworks.
What are the key pillars of Sidetrade's CSR strategy?
Sidetrade's CSR strategy encompasses reducing carbon footprint, fostering innovation and inclusion, ensuring digital security, and promoting integrity and transparency.
What future reports can we expect from Sidetrade?
Sidetrade plans to release its Bilan Carbone and 2024 CSR Report detailing its sustainability initiatives and achievements.
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