Contemi Solutions Receives Bronze Medal for its Sustainability Efforts from EcoVadis
Contemi Solutions, a leading provider of software solutions to financial services companies, has been awarded a bronze medal for its Corporate Social Responsibility from EcoVadis, one of the world’s largest and most trusted providers for business sustainability ratings and assessments. This is the first time that Contemi Solutions submitted a report for evaluation and scored highest for its efforts in the ethics area.
The result places Contemi among the top half of all EcoVadis assessed companies globally. The Company was rated based on a sustainability scorecard which illustrates performance across 21 indicators in its industry in four main categories: environment, labor and human rights, ethics, and sustainable procurement.
“We are honored to receive this esteemed recognition from EcoVadis,” said Alexander Krefft, Contemi Group CEO. “At Contemi, we remain committed to incorporate sustainability and ethical practices into all that we do. Our score with EcoVadis confirms the relevance of our strategies and values. Going ahead, we intend to work more closely on our sustainability initiatives.”
Why did Contemi participate in this assessment?
Corporate Social Responsibility is high on the agenda both for Contemi’s owners and for many of Contemi’s clients. As an important business partner for these clients, Contemi felt that it was highly relevant to do an assessment of the Company’s sustainability effort. After having investigate about EcoVadis program, Contemi decided to participate in the assessment to evaluate its efforts, progress in terms of sustainability, and know more about the areas for improvement.
Kean Williams, Executive Director for Global Operations at Contemi commented, “Since 91% of companies take sustainability criteria into account in purchasing decisions, we know that this is not only important for the environment and our employees, but it also has a large important on our business performance. We are delighted that the Bronze rating from EcoVadis is an evidence of Contemi’s commitment to sustainability. It further demonstrates to our current and potential customers that Contemi is a trustworthy partner and takes responsibility for the impacts that its business creates.”*
*(Source: HEC Sustainable Procurement Benchmark)
EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools, which allows companies to assess their environmental and social performance as well as those of their suppliers. EcoVadis combines technology and Corporate Social Responsibility (CSR) expertise to deliver simple and reliable supplier scorecards. These scorecards cover 21 CSR criteria along four main themes: environment, labor practices, fair business practices and sustainable procurement and result in a company’s overall rating.
ABOUT CONTEMI SOLUTIONS
Contemi Solutions is a leading provider of software solutions to wealth management, insurance, and capital markets industries. Contemi leverages cutting edge technology to empower financial service companies to meet evolving customer needs, remain compliant during a time of significant regulatory change, whilst facilitating significant improvements in efficiency, supporting their growth potential and allowing them to ‘do more with less’.
Backed by over 25 years of experience, Contemi’s software solutions are used by many of the world’s leading financial services companies. Contemi offers innovative front-end applications, extensive back-office solutions and unique analytics and reporting expertise. Its industry-leading products include CRM, front to back digital wealth management platform, Cloud native SaaS Insurance platform, automated post trade processing system, corporate actions, analytics, and reporting, as well as customer, agent and broker portals and apps.
Founded in Norway and the UK, headquartered in Singapore, Contemi today maintains a local perspective globally with a team of more than 250 employees working from 11 offices across the UK, Norway, Singapore, Hong Kong, Australia, Vietnam, Malaysia, Indonesia, and India.
To know more, visit www.contemi.com