Temenos Tops Software Industry in S&P Global Sustainability

Temenos Tops Software Industry in S&P Global Sustainability

GENEVA, Switzerland, Feb. 23, 2023 (World NEWSWIRE) — Temenos (Six: TEMN) has been awarded Gold Class difference in the S&P International Sustainability Yearbook for 2023 with the best rating (80/100) for the Software package market.

The Yearbook is based mostly on the S&P 2022 World-wide Corporate Sustainability Assessment (CSA) of 7,822 of the world’s biggest corporations employing an extensive established of criteria that features climate system and operational eco-effectiveness, expertise attraction and retention and corporate governance.

Dependent on this analysis, Temenos was awarded a Leading 1{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} S&P World-wide ESG Score and ranked joint-initial between 244 companies assessed in the Program classification.

This most up-to-date recognition reinforces Temenos’ posture as a leader in sustainability. In 2022, Temenos was also awarded a triple-A ranking in the Morgan Stanley Money Investment’s (MSCI) ESG ranking, the highest attainable score, and stays a constituent of the FTSE4Fantastic Index Sequence, created by the world index service provider FTSE Russell. Temenos has also been awarded an A- rating by the Carbon Disclosure Job (CDP) for the 2nd yr running.

Kalliopi Chioti, Main Marketing and advertising & ESG Officer at Temenos, explained: “We are proud to once once more sign up for the world’s finest-doing businesses in the S&P World-wide Sustainability Yearbook. To be positioned at the leading in our sector shows our strong commitment to sustainability and transparent disclosure, getting established ambitious targets validated by the Science Based mostly Goal Initiative and integrating ESG into our operations and merchandise offerings.”

Final calendar year, Temenos released the Temenos carbon emissions calculator  to give shoppers deeper perception into carbon emissions details related with their usage of Temenos Banking Cloud providers. It also introduced a new ESG Investing as-a-assistance, encouraging banking institutions and wealth administrators meet up with the rising demand for sustainable investing.

This most recent accolade further more reflects Temenos’ commitment to ESG disclosure and transparency. The business has endorsed the United Nations International Compact (UNGC), it supports the UN Sustainable Advancement Aims (SDGs) and communicates its non-money general performance each year in the Sustainability Report within just its Once-a-year Report adhering to Global Reporting Initiative (GRI) and Sustainability Accounting Benchmarks Board (SASB) Standards.

Temenos is integrated in the SXI Switzerland Sustainability 25® Index, amongst the 25 Swiss stocks from the SMI® Expanded Index with the ideal sustainability scores. In addition to its S&P ESG and FTSE4Good index rankings, Temenos has also been awarded an A- score by the Carbon Disclosure Task (CDP) and received platinum recognition, positioning Temenos among the the best 1{64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} performers assessed by EcoVadis.

About Temenos
Temenos (Six: TEMN) is the world’s top open platform for composable banking, generating options for more than 1.2 billion men and women all around the world every single day. We provide over 3000 banking companies from the major to challengers and group banking companies in 150+ countries by serving to them construct new banking expert services and point out-of-the-art purchaser encounters. The Temenos open up system assists our best-accomplishing shoppers attain return on equity 3 situations the market normal and price-to-money ratios 50 {64d42ef84185fe650eef13e078a399812999bbd8b8ee84343ab535e62a252847} the business regular.

For extra data, you should take a look at www.temenos.com.