VERB’s Commitment to ESG Excellence Featured in Nasdaq Case Study
January 25 2022 - 9:40AM
Verb Technology Company,
Inc. (Nasdaq: VERB) ("VERB" or the
"Company"), the leader in interactive video-based sales
enablement applications, including interactive livestream eCommerce
and shoppable video, webinar, CRM, and marketing applications for
enterprises and entrepreneurs, today announced that the Company has
been featured in a Nasdaq Environmental, Social, and Governance
(ESG) case study that highlights VERB’s efforts and successes in
ESG program evaluation and implementation, particularly in relation
to gender representation.
Nasdaq recently published a case study on VERB’s
ESG program and the Company’s use of Nasdaq’s OneReport. The case
study, which can be found here, underscores VERB’s commitment to
become a leader in ESG initiatives among small-cap companies.
Because VERB is a software company, many issues that companies in
other sectors might face in implementing ESG do not apply to VERB,
so the Company had to identify ESG initiatives relevant and
applicable to its business. Using Nasdaq OneReport’s ESG framework,
ratings questionnaire, and other platform tools, VERB was able to
effectively analyze data that helped it identify how it could
improve gender equality throughout its organization. Nasdaq’s One
Report also helped VERB plan and execute the best solutions which
included, among other things, promoting women into managerial and
other leadership roles.
“Even as a smaller tech company, we have never
lost sight of our larger ethical and social responsibilities to our
employees and to the communities where we have presence,” said
Denise Butler, Chief Operating Officer of VERB. “As a result, we
have embraced ESG and aligned our initiatives with our corporate
values. Nasdaq OneReport helped us manage what we initially
believed was a daunting task of ESG reporting, by facilitating our
analysis and guiding us in understanding how we should view and
systematically address hot-button issues. As part of our ESG
initiatives, we also stepped-up our projects with various
charitable organizations to give back to our communities through
our Verb for Humanity program.”
“ESG is not a large-cap-only endeavor – and we
are excited to see VERB become a leader among small and micro-cap
companies in implementing ESG,” said Randall Hopkins, Vice
President, Nasdaq. “We are pleased to support VERB through our
Nasdaq OneReport platform, which is designed to make it easy for
companies of all sizes to realize and implement their core values
through ESG, by providing an efficient means for them assess their
data and think about solutions to social and governance issues that
matter to them.”
About VERB
Verb Technology Company, Inc. (Nasdaq: VERB),
the market leader in interactive video-based sales applications,
transforms how businesses attract and engage customers. The
Company’s Software-as-a-Service, or SaaS, platform is based on its
proprietary interactive video technology, and is comprised of a
suite of sales enablement business software products offered on a
subscription basis. Its software applications are used by hundreds
of thousands of people in over 60 countries and in more than 48
languages. VERB’s clients include large sales-based enterprises as
well as small business sales teams, including the sales and
marketing departments of professional sports teams. Of note is its
forthcoming MARKET, a multi-vendor, multi-presenter, livestream
social shopping platform at the forefront of the convergence of
ecommerce and entertainment. With approximately 200 employees, the
Company is headquartered in American Fork, Utah, and it also
maintains offices in Newport Beach, California.
For more information, please visit:
www.verb.tech.
Follow VERB here:VERB on
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Twitter: https://twitter.com/VerbTech_CoVERB on
LinkedIn: https://www.linkedin.com/company/verb-tech/VERB on
YouTube:
https://www.youtube.com/channel/UC0eCb_fwQlwEG3ywHDJ4_KQDownload
verbMAIL here: verbMAIL on Microsoft AppSource Store
FORWARD-LOOKING STATEMENTS
This communication contains “forward-looking
statements” as that term is defined in the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve
risks and uncertainties and include, without limitation, any
statement that may predict, forecast, indicate or imply future
results, performance or achievements, and may contain words such as
“anticipate,” “expect,” “project,” “plan,” or words or phrases with
similar meaning. Forward-looking statements contained in this press
release relate to, among other things, the Company's projected
financial performance and operating results, including SaaS
Recurring Revenue, as well as statements regarding the Company's
progress towards achieving its strategic objectives, including the
successful integration and future performance of acquisitions.
Forward-looking statements are based on current expectations,
forecasts and assumptions that involve risks and uncertainties,
including, but not limited to the COVID-19 pandemic and related
public health measures on our business, customers, markets and the
worldwide economy; our plans to attract new customers, retain
existing customers and increase our annual revenue; the development
and delivery of new products, including verbLIVE; our plans and
expectations regarding software-as-a-service offerings; our ability
to execute on, integrate, and realize the benefits of any
acquisitions; fluctuations in our quarterly results of operations
and other operating measures; increasing competition; general
economic, market and business conditions. If any of these risks or
uncertainties materialize, or if any of our assumptions prove
incorrect, our actual results could differ materially from the
results expressed or implied by these forward-looking statements.
Investors are referred to our filings with the Securities and
Exchange Commission, including our Annual Reports on Form 10-K and
Quarterly Reports on Form 10-Q, for additional information
regarding the risks and uncertainties that may cause actual results
to differ materially from those expressed in any forward-looking
statement. All forward-looking statements in this press release are
based on information available to us as of the date hereof, and we
do not assume any obligation to update the forward-looking
statements provided to reflect events that occur or circumstances
that exist after the date on which they were made, except as
required by law.
Investor Relations: 888.504.9929
investors@verb.tech
Media Contact: 855.250.2300, ext.107
info@verb.tech
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