Truecaller Achieves Significant ESG Recognition
Truecaller has made headlines recently with its upgraded ESG rating from Institutional Shareholder Services (ISS). The company has received a commendable upgrade from D+ to C+, justifying its new 'Prime' status. This distinction is reserved for companies demonstrating exceptional environmental, social, and governance practices that surpass sector averages.
This recognition aligns Truecaller with top-tier performers in the software and diversified IT services sector based on ISS ESG-ratings. With a Decile Rank of 1, Truecaller stands out as a leader in its industry.
Enhanced ESG Strategy Demonstrated
Odd Bolin, CFO of Truecaller, expressed his excitement regarding the upgrade. He highlighted the company's ongoing commitment to sustainability, stating, "I am happy that our ESG-strategy and our structured sustainability work have been recognized by an external party. We have made many improvements during the last years, both in terms of new initiatives and increased transparency." This reflects the concerted effort by Truecaller to enhance its sustainability practices.
Truecaller’s Mission Towards Digital Trust
As a leading global platform for verifying contacts and blocking unwanted communication, Truecaller plays an essential role in promoting safe and trustworthy digital conversations. With a mission to build trust in communication, the company addresses critical issues such as fraud and unwanted interactions prevalent in today’s digital landscape.
Truecaller has gained immense popularity, boasting over 420 million active users and more than a billion downloads since its inception. In 2023 alone, it identified and blocked around 50 billion unwanted calls, showcasing its significant impact on enhancing communication safety for users.
About Truecaller
Founded in 2009 and headquartered in Stockholm, Truecaller is an entrepreneurial company co-founded by a group of dedicated individuals focused on creating better communication solutions. Since October 8, 2021, Truecaller has been listed on Nasdaq Stockholm, which marks a notable milestone in its growth journey.
Truecaller remains at the forefront of technological advancements in the communication sector, continuously improving its services to ensure user safety and trust.
Frequently Asked Questions
What does Truecaller's upgraded ESG rating signify?
The upgrade from D+ to C+ signifies Truecaller's enhanced environmental, social, and governance practices, now placing the company in a leading position within its sector.
How does Truecaller contribute to sustainability?
Truecaller commits to sustainability by implementing effective strategies that enhance transparency and initiate new environmentally friendly practices.
What is Truecaller's mission?
Truecaller's mission is to build trust in communication and provide a safe environment for users to connect without the threat of fraud or unwanted calls.
How many active users does Truecaller have?
Truecaller has over 420 million active users, making it a leading platform for contact verification and communication safety.
When was Truecaller listed on Nasdaq Stockholm?
Truecaller was listed on Nasdaq Stockholm on October 8, 2021, marking an important step in its growth as a publicly traded company.
