Cerence Releases Inaugural Environmental, Social, and Governance (ESG) Report
November 18 2021 - 8:00AM
Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today
announced the publication of its inaugural Environmental, Social,
and Governance (ESG) report, which outlines the company’s ESG
performance and strategy and its commitments to its customers and
partners, employees, and stakeholders. The report can be found at
https://cerence.com/sustainability.
“We are proud to release our inaugural Cerence Environmental,
Social, and Governance report, focused on building responsible
momentum in the ESG topics that matter most for our business and
our key stakeholders,” said Sanjay Dhawan, CEO, Cerence. “Over the
past two years, since our inception as an independent company, we
have transformed into a company with a global vision for mobility
AI: to enable a safer, more enjoyable journey for everyone. This
report outlines our work to advance that mission with protection
and productivity in mind. We look forward to continuing this
journey and providing additional information in future
reports.”
The report reflects Cerence’s commitment to serving its
stakeholders and its community. Key areas of focus detailed within
the report include governance and ethics; risk management, data
privacy, compliance and security; human capital management; energy
and climate change; community engagement; and innovation. The
Cerence ESG Report captures the period between October 1, 2019, and
September 30, 2021, and discloses information in alignment with the
Software and IT Services sector guidance from the Sustainability
Accounting Standards Board (SASB).
To learn more about Cerence’s ESG efforts, view and download the
report at https://cerence.com/sustainability. To learn more about
Cerence, visit www.cerence.com, and follow the company on LinkedIn
and Twitter.
About Cerence Inc.Cerence (NASDAQ: CRNC) is the
global industry leader in creating unique, moving experiences for
the mobility world. As an innovation partner to the world’s leading
automakers and mobility OEMs, it is helping advance the future of
connected mobility through intuitive, powerful interaction between
humans and their cars, two-wheelers, and even elevators, connecting
consumers’ digital lives to their daily journeys no matter where
they are. Cerence’s track record is built on more than 20 years of
knowledge and more than 400 million cars shipped with Cerence
technology. Whether it’s connected cars, autonomous driving,
e-vehicles, or buildings, Cerence is mapping the road ahead. For
more information, visit www.cerence.com.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
“safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995, including but not limited to, statements
relating to: the intended use of the proceeds from the Term Loan B
and interest rate savings. Any statements that are not statements
of historical fact (including statements containing the words
“believes,” “plans,” “anticipates,” “expects,” “intends” or
“estimates” or similar expressions) should also be considered to be
forward-looking statements. Although Cerence believes the
forward-looking statements included in this press release are based
upon reasonable assumptions, such statements involve known and
unknown risks, uncertainties and other factors, which may cause
actual results to be materially different from any future results
expressed or implied by such forward-looking statements, including
but not limited to: risks related to the intended use of the
proceeds from the Term Loan B, which could change as a result of
market conditions or for other reasons, prevailing market and other
general economic, industry or political conditions in the United
States or internationally and the global pandemic resulting from
the novel coronavirus known as COVID-19. The foregoing list of
risks and uncertainties is illustrative, but is not exhaustive. For
information about other potential factors that could affect
Cerence’s business and financial results, please review the “Risk
Factors” described in Cerence’s Annual Report on Form 10-K for the
year ended September 30, 2020 and Cerence’s Quarterly Report on
Form 10-Q for the quarter ended June 30, 2021 filed with the
Securities and Exchange Commission (the “SEC”) and in Cerence’s
other filings with the SEC. Except as may be required by law,
Cerence disclaims any obligation to update any forward-looking
statements as a result of developments occurring after the date of
this press release.
Contact InformationKate HickmanCerence Inc.Tel:
339-215-4583Email: kate.hickman@cerence.com
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