From high tech to high impact: Sidetrade's journey to a more sustainable world
July 24 2024 - 12:03PM
UK Regulatory
From high tech to high impact: Sidetrade's journey to a more
sustainable world
Sidetrade, the global leader in
AI-powered Order-to-Cash applications, releases
its 2023 Corporate Social Responsibility (CSR) report today. This
report marks Sidetrade’s significant progress in sustainability
aligned with its growth objectives.
In preparation for the Corporate Sustainability
Reporting Directive (CSRD) 2025, Sidetrade has prioritized
transparency by publicly detailing the progress of its CSR
initiatives. This year, Sidetrade not only continued its
commitments but also received recognition for its ongoing
improvements in environmental and social governance: a Gold Medal
from EthiFinance and a Silver Medal from EcoVadis.
This announcement follows Sidetrade's success in
reducing carbon emissions by 5% in 2023 while revenue grew by a
strong 20% over the same period (see press release of July 3,
2024). These achievements highlight the company’s commitment to
both corporate growth and planetary stewardship.
"Sidetrade stands at the confluence of
productivity for businesses and sustainability. Our business goals
are now indistinguishable from our commitment to societal
well-being," stated Sidetrade CEO
Olivier Novasque. "We're advancing towards a
future where business integrity and environmental responsibility
are not just aligned, but intertwined. As a SaaS software vendor,
we are privileged to play a role in contributing to the tech
industry’s commitment to the goals of the Paris Agreement and the
European Union’s ambitions for carbon neutrality by 2050."
By incorporating the United Nations Sustainable
Development Goals (SDGs) into its operations, Sidetrade is
implementing initiatives with a global impact:
-
Climate action and clean energy: Dedicated to
reducing its carbon footprint and enhancing sustainability
practices.
-
Innovation and equality: Advocating for policies
that support talent development across genders and fostering
innovation.
-
Digital responsibility and ethical practices:
Upholding robust standards for digital behavior and ethical
business practices.
Philippe Gangneux, Sidetrade’s CFO and
CSR Ambassador said: "Our approach for the future can
be distilled into two words: demanding and ambitious. Every
decision and innovation at Sidetrade is aimed at amplifying our
positive impact on both our community and the
environment."
Sidetrade invites stakeholders to review its
comprehensive CSR report to better understand how it melds
financial success with far-reaching social and environmental
impact: here.
Investor
relations
Christelle Dhrif
00 33 6 10 46 72
00
cdhrif@sidetrade.com
Media
relations
Becca
Parlby
00 44 7824 5055
84
bparlby@sidetrade.com
About
Sidetrade
(www.sidetrade.com)
Sidetrade (Euronext Growth: ALBFR.PA) provides a SaaS platform
dedicated to securing and accelerating cash flow. Sidetrade’s
next-generation AI, nicknamed Aimie, analyzes $6.1 trillion worth
of B2B payment transactions daily in the Sidetrade Cloud to predict
customer payment behavior and the attrition risk of more than 38
million buyers worldwide. Aimie recommends the best operational
strategies, intelligently automates actions on the entire
Order-to-Cash process, and dematerializes customer transactions to
enhance productivity, performance, and working capital
improvements.
Sidetrade has a global reach, with 315+ talented employees based in
Paris, London, Birmingham, Dublin, Houston, and Calgary, serving
global businesses in more than 85 countries. Amongst them: Bidcorp,
Biffa, Bunzl, Contentsquare, Engie, Expedia, Inmarsat, KPMG,
Lafarge, Manpower, Opentext, Page, Randstad, Saint-Gobain,
Securitas, Sodexo, Tech Data, UGI, Veolia.
Sidetrade is a participant of the United Nations Global Compact and
adheres to its principles-based approach to responsible
business.
For further information, visit us at www.sidetrade.com and follow
us on X @Sidetrade.
In the event of any discrepancy between the French and English
versions of this press release, only the English version is to be
taken into account.
- From high tech to high impact: Sidetrade's journey to a more
sustainable world
- Sidetrade: 2023 CSR Report
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