Temenos Extends ESG Leadership Position in the Dow Jones Sustainability World and Europe Indices
Temenos (SIX: TEMN), the banking software company, today announced that it has been recognized as a sustainability leader in the Software and Services Category for Dow Jones Sustainability World Index (DJSI) for the third year running and in the DJSI Europe Index for the second consecutive year.1
Temenos maintained its industry leadership as one of the two companies in the software category in DJSI World, which is considered a gold standard for measuring environmental, social and governance (ESG) corporate practices.
Temenos scored 76 (out of 100) in the 2021 S&P Global Corporate Sustainability Assessment (Score date: Nov 12, 2021). Temenos’ scorecard was in the top decile (96-100%) in 18 out of 20 criteria demonstrating the company’s leadership in environmental and social reporting (maintained full score for 100/100%) as well as a strong Y-o-Y increase in corporate governance, tax strategy and governance, privacy protection, operational eco-efficiency, climate change, labor practice indicators and human capital development. Overall, Temenos performed in the 99th percentile in the Software and Services industry of the 109 assessed companies in the S&P Global Corporate Sustainability assessment.
Max Chuard, Chief Executive Officer, Temenos, said: “We are honored that our ESG leadership has been recognized for a third year in a row in the S&P Dow Jones Sustainability World and Europe Indices. Sustainability is a strategic priority for Temenos. Apart from our solid commitment to operate sustainably and responsibly, we innovate to develop solutions to new business and social challenges and help our clients transform into smart, sustainable organizations. Banking and technology are powerful forces for change and can advance sustainable development. We are committed to supporting this, by reducing our own carbon footprint, and by creating environmental and financial inclusion benefits for our clients by leveraging our green cloud technology. For example, with The Temenos Banking Cloud we help banks become more operationally efficient and sustainable by reducing their carbon footprint, improving their operational and environmental performance, reaching their sustainability targets and addressing global social and environmental issues.”
For the results published November 12, 2021, more than 10,000 publicly traded companies across 61 industries were invited to participate in the S&P Global Corporate Sustainability Assessment (CSA), with the top 10% to be included as DJSI members.
Manjit Jus, Global Head of ESG Research, S&P Global: "We congratulate Temenos for being included in the DJSI World and DJSI Europe. DJSI distinction is a reflection of being a sustainability leader in your industry. The record number of companies participating in the 2021 S&P Global Corporate Sustainability Assessment is testament to the growing movement for ESG disclosure and transparency."
Temenos is included in the SXI Switzerland Sustainability 25® Index, among the 25 Swiss stocks from the SMI® Expanded Index with the best sustainability scores. Temenos has also been included in the FTSE4Good Index Series and been rated as PRIME by ISS ESG Corporate Rating for its sustainability performance. Temenos also obtained a platinum recognition by EcoVadis for its CSR performance.
– Ends –
About Temenos
Temenos AG (SIX: TEMN) is the world’s leader in banking software. Over 3,000 banks across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 1.2 billion banking customers. Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.
Temenos software is proven to enable its top-performing clients to achieve cost-income ratios of 26.8% half the industry average and returns on equity of 29%, three times the industry average. These clients also invest 51% of their IT budget on growth and innovation versus maintenance, which is double the industry average, proving the banks’ IT investment is adding tangible value to their business.
For more information, please visit www.temenos.com.
1 To view the full results and list of DJSI constituents please visit https://www.spglobal.com/esg/csa/
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211116005612/en/
Contact information
Media
Jessica Wolfe & Scott Rowe
Temenos Global Public Relations
Tel: +1 610 232 2793 & +44 20 7423 3857
Email : press@temenos.com
Alistair Kellie & Andrew Adie
Newgate Communications on behalf of Temenos
Tel: +44 20 7680 6550
Email: allnewgatetemenos@newgatecomms.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Deutsche Post DHL Group Begins Transition at the Top: Tobias Meyer, P&P Germany Ceo, to Become Group CEO in May 20238.12.2021 14:22:00 EET | Press release
Deutsche Post DHL Group has initiated the leadership transition at the top of the company. The Supervisory Board of Deutsche Post AG has extended Frank Appel’s contract as DPDHL Group CEO until May 4, 2023. His previous contract runs until October 31, 2022. Appel will continue to serve as DPDHL Group CEO until the Annual General Meeting in 2023. Thereafter, Tobias Meyer, will take over as DPDHL Group CEO. Meyer joined the company in 2013 and has held a wide variety of positions including Head of Corporate Development, Chief Operations Officer at DHL Global Forwarding, and Head of Operations and IT at Post & Parcel Germany. He has been CEO of Post & Parcel Germany and a member of the DPDHL Management Board since March 2019. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211208005516/en/ Tobias Meyer, CEO Post & Parcel Germany (Photo: Business Wire) “In Tobias Meyer we have a recognized expert of the company taking over as DPD
Aleph Farms and WACKER Develop Open Supply Chain Solution for Proteins Used in Large-Scale Production of Cultivated Meat8.12.2021 14:09:00 EET | Press release
Aleph Farms, the first cultivated meat company to grow steaks directly from non-genetically engineered animal cells and WACKER, a supplier of leading protein production technologies, today announced the development of streamlined production processes for essential growth medium proteins to cost-effectively grow cultivated meat. These proteins, central to promoting and supporting cell growth, are not widely available in the market today and represent one of the most prohibitive expenses in scaling up cultivated meat. The agreement between WACKER and Aleph Farms is non-exclusive, meaning any cultivated meat company will be able to obtain these same affordable proteins, without using fetal bovine serum (FBS) or animal-derived ingredients. This open supply chain solution is expected to enable the industry to scale and achieve price-parity faster, eliminating a key hurdle in the commercial viability of cultivated meat. "Bringing down the cost and making suitable raw materials available at t
Brigade-M3 European Acquisition Corp.8.12.2021 13:43:00 EET | Press release
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, CAYMAN ISLANDS, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE IN VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES. THIS ANNOUNCEMENT DOES NOT CONTAIN OR CONSTITUTE AN OFFER OF SECURITIES FOR SALE OR AN INVITATION OR OFFER TO THE PUBLIC OR FORM OF APPLICATION TO SUBSCRIBE FOR SECURITIES. This announcement is an advertisement for the purposes of Regulation EU 2017/1129 (such Regulation, together with any amendments thereto, the "Prospectus Regulation") and is not a prospectus nor an offer of securities for sale in any jurisdiction. Neither this announcement, nor anything contained herein, shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Investors should not purchase or s
The 2021 World Conference on Science Literacy Draws to a Close and Releases Conference Videos Online8.12.2021 13:02:00 EET | Press release
On December 3, the 2021 World Conference on Science Literacy held in Beijing came to a successful close. The theme of this year was "Science Literacy for a Green Future". This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211208005462/en/ (Graphic: Business Wire) A collection of videos from the conference has been released on YouTube, and can be viewed here. The conference featured both online and offline content and included meetings of the Preparatory Committee of the World Organization for Science Literacy, plenary session, as well as six theme-based forums. Leaders and representatives from key international science and technology organizations, top scientists, and renowned scholars were also invited to engage in dialogues and exchanges. The World Conference on Science Literacy2021 covered a broad range of topics, including "Enhancing Public Science Literacy and Green Development", "Public Science Literacy Improvement and Sci
Technology Innovation Institute’s Secure Systems Research Centre in Abu Dhabi Announces Integration of Secure PX4 Stack into RISC-V Based Drone8.12.2021 12:32:00 EET | Press release
The Secure Systems Research Centre (SSRC) at Technology Innovation Institute (TII), the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), today announced the launch of its first Reduced Instruction Set Computer (RISC-V) based drone flight controller that leverages the Centre’s own secure PX4 stack. The flight marks a milestone in SSRC’s path to making RISC-V based UAV systems a reality through this successful testing and validation of the RISC-V + the secure PX4 stack system. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211208005440/en/ P01 Drone security mashup - (Photo - AETOSWire) Earlier this year, the Centre became a strategic member of RISC-V International, a non-profit organisation controlled by its members, which directs the future development and drives the adoption of RISC-V free and open Instruction Set Architecture (ISA). SSRC is focused on building an RISC-V based secure fligh
Airline Passenger Capacity is Projected to Grow at 47% in 20228.12.2021 12:00:00 EET | Press release
Global aviation analytics firm Cirium, has released its second annual Airline Insights Review, which reveals an industry in recovery and poised for a projected 47% growth in capacity (the number of seats flown) in 2022. This steep increase indicates capacity could return to 2015 levels by the end of next year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211208005398/en/ Airlines are poised for a projected 47% growth in capacity (by seats flown) in 2022, as revealed in Cirium's new Airline Insights Review. (Graphic: Business Wire) Last year, the pandemic and its consequences wiped out 15 years of global passenger capacity growth—based on the total number of seats flown—in a matter of months, reducing 2020 capacity flown to levels last seen in 2005. Although recovery was varied in 2021, global capacity is forecasted to return to capacity levels seen in 2006 by the end of the year. Regions with strong domestic markets showed
GenScript ProBio Opens China’s Largest Commercial GMP Plasmid Manufacturing Facility8.12.2021 12:00:00 EET | Press release
GenScript ProBio announced today the opening of China's largest commercial GMP plasmid manufacturing facility during a ceremony at the site in Zhenjiang, Jiangsu Province. The 6,400-square-meter manufacturing plant enables GenScript ProBio to offer global customers a one-stop service for plasmids - from preclinical study (IIT), to investigational new drug (IND) filing, to clinical trial and commercial manufacturing - to accelerate the innovation and development of high-quality cell and gene therapy mRNA drugs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211208005385/en/ GenScript ProBio’s largest commercial GMP plasmid manufacturing facility in China opens in Zhenjiang, Jiangsu Province. (Photo: Business Wire) As GenScript ProBio's second GMP plasmid manufacturing facility, the plant more than doubles the company's production capacity and strengthens its position as a leading CDMO. It enables the company to offer services
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom