NICE Releases Environmental, Social and Governance (ESG) Report, Showcasing Power of Automation in Driving Exceptional Experiences
December 04 2024 - 8:00AM
Business Wire
NICE’s ESG report underscores NICE’s commitment
to elevating customer and employee experiences, fighting financial
crime and promoting a digital-era criminal justice system
NICE (Nasdaq: NICE) today announced the release of
its 2023 Environmental, Social, and Governance (ESG) report,
highlighting its accomplishments in advancing sustainable business
practices and delivering on ambitious ESG goals set in the prior
year. The report, developed with reference to the GRI 2021
standards reflects NICE's dedication to positively impacting global
communities, customers, employees, and the environment.
Access the full report here.
NICE continues to lead in technological advancement, reinvesting
15% of its total revenue into research and development with its
more than 2,700 R&D engineers in 2023. NICE also achieved 100%
compliance in employee ethics training. In 2023 NICE launched the
NICE Leadership Academy, equipping first-time managers and
directors with essential tools to excel in dynamic environments.
During its annual Global Community Month, employees contributed
40,000 volunteer hours across more than 120 non-profits worldwide.
In keeping with its commitment to bridging gender gaps in
technology, NICE helped 270 teenage girls complete its Code:Coda
program in 2023, with 60% of the girls who graduated from our
2-year program choosing computer science as a high school
major.
With regards to environmental impact, NICE is pleased to report
a 12% reduction in Scope 1 and 2 carbon emission intensity. This is
due in part to NICE’s prioritization of energy efficient technology
in its offices and operating under the NICE FLEX hybrid working
model. In addition, NICE carefully selects data center providers
that rely on renewable energy or improved energy efficiency for
their electricity consumption, which has resulted in lower data
center emissions across NICE’s value chain.
NICE is proud to announce continuous improvements in its ESG
ratings year after year. Key achievements include advancing from a
D to a C rating in the CDP assessment, securing MSCI's top AAA
rating, and consistently performing well in other global ESG
evaluations such as ISS, Sustainalytics and EcoVadis.
Barak Eilam, CEO, NICE, said, “At NICE, we are deeply
committed to creating exceptional experiences for businesses,
employees, customers, and communities alike. Our achievements
reflect a dedication to innovation with purpose—leveraging
cutting-edge technology to drive efficiency, empower people, and
make a meaningful impact globally. I’m incredibly proud of the
strides we’ve made this year across all facets of our ESG mission,
transforming challenges into opportunities for sustainable
progress.”
About NICE With NICE (Nasdaq: NICE), it’s never been
easier for organizations of all sizes around the globe to create
extraordinary customer experiences while meeting key business
metrics. Featuring the world’s #1 cloud native customer experience
platform, CXone, NICE is a worldwide leader in AI-powered
self-service and agent-assisted CX software for the contact center
– and beyond. Over 25,000 organizations in more than 150 countries,
including over 85 of the Fortune 100 companies, partner with NICE
to transform - and elevate - every customer interaction.
www.nice.com
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks
of their respective owners. For a full list of NICE’s marks, please
see: www.nice.com/nice-trademarks.
Forward-Looking Statements This press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Eilam, are based on the
current beliefs, expectations and assumptions of the management of
NICE Ltd. (the “Company”). In some cases, such forward-looking
statements can be identified by terms such as “believe,” “expect,”
“seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,”
“plan,” “estimate,” or similar words. Forward-looking statements
are subject to a number of risks and uncertainties that could cause
the actual results or performance of the Company to differ
materially from those described herein, including but not limited
to the impact of changes in economic and business conditions;
competition; successful execution of the Company’s growth strategy;
success and growth of the Company’s cloud Software-as-a-Service
business; changes in technology and market requirements; decline in
demand for the Company's products; inability to timely develop and
introduce new technologies, products and applications; difficulties
in making additional acquisitions or difficulties or delays in
absorbing and integrating acquired operations, products,
technologies and personnel; loss of market share; an inability to
maintain certain marketing and distribution arrangements; the
Company’s dependency on third-party cloud computing platform
providers, hosting facilities and service partners; cyber security
attacks or other security breaches against the Company; privacy
concerns; changes in currency exchange rates and interest rates,
the effects of additional tax liabilities resulting from our global
operations, the effect of unexpected events or geo-political
conditions, such as the impact of conflicts in the Middle East that
may disrupt our business and the global economy; the effect of
newly enacted or modified laws, regulation or standards on the
Company and our products and various other factors and
uncertainties discussed in our filings with the U.S. Securities and
Exchange Commission (the “SEC”). For a more detailed description of
the risk factors and uncertainties affecting the company, refer to
the Company's reports filed from time to time with the SEC,
including the Company’s Annual Report on Form 20-F. The
forward-looking statements contained in this press release are made
as of the date of this press release, and the Company undertakes no
obligation to update or revise them, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241204239336/en/
Corporate Media Contact Christopher Irwin-Dudek, +1 201
561 4442, media@nice.com, ET
Investors Marty Cohen, +1 551 256 5354, ir@nice.com, ET
Omri Arens, +972 3 763 0127, ir@nice.com, CET
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