Report highlights supply chain management leader&s distinctions across ESG ratings, carbon neutrality, diversity in leadership, employee belonging, and culture
Kinaxis® Inc. (TSX:KXS), the leading provider of supply chain management solutions, today published its 2023 Global Impact Report. The report highlights the company&s achievements across its core Environmental, Social and Corporate Governance (ESG) commitments, as well as its focus on preserving the planet, supporting its employees and advancing the broader supply chain industry.
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Highlights from the report include:
- Achieving Triple A designation from MSCI and top marks from several other rating agencies
- Purchasing Renewable Energy Certificates (RECs) to account for all Head Office electricity use in 2022
- Maintaining our carbon neutral certification since 2019
- Growing women in leadership (director level and above) to 26% in 2022
- Obtaining a high employee belonging rating (96% feel as though they are an accepted member of their team)
- Supporting more than 40 emerging artists through free studio time and public performances through our Catapult collaboration
In addition, this year Kinaxis announced its Sustainable Supply Chain solution, which allows companies to track Scope 3 greenhouse gas emissions and understand how changes to their supply chain plans can positively or negatively impact those emissions.
“I am proud of our progress in this year&s Global Impact Report and take tremendous pride in our company&s strong commitment to ESG and preserving the planet,& said John Sicard, president and CEO of Kinaxis. “There is no larger consumer of the earth&s natural resources than supply chain, so it is our responsibility to continue to advance our personal commitments as well as those of our customers by innovating in ways that help them meet their corporate goals, while doing less harm. I am confident that our new Sustainable Supply Chain solution will do just that.&
More details on all the ESG commitments and initiatives made by Kinaxis can be found in its 2023 Global Impact Report.
To learn more about Kinaxis and its supply chain management solutions, please visit Kinaxis.com.
Everyday volatility and uncertainty demand quick action. Kinaxis® delivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning to help companies plan for any future, monitor risks and opportunities and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste. For more Kinaxis news, visit Kinaxis.com or follow us on LinkedIn, Twitter, Facebook.
Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements as to Kinaxis' growth opportunities and the potential benefits of, and demand for, Kinaxis& products and services. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of Kinaxis' products and services compared to competitive offerings in the industry. Readers are cautioned not to place undue reliance on such statements. Kinaxis' actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by such statements. Risk factors that may cause the actual results, performance, achievements or developments of Kinaxis to differ materially from the results, performance, achievements or developments expressed or implied by such statements can be found in the public documents filed by Kinaxis with Canadian securities regulatory authorities. Kinaxis assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.