Workiva Receives “AAA” Rating from MSCI
December 13 2022 - 8:00AM
Business Wire
Workiva Inc. (NYSE:WK), the company powering transparent
reporting for a better world, announced today that it received a
AAA rating in the 2022 MSCI ESG Ratings assessment. The coveted AAA
rating represents MSCI’s highest rating and signifies
industry-leader status in managing the most significant
environmental, social, and governance (ESG) risks and
opportunities.
According to MSCI, Workiva performed in the top 9%* of all
software-as-a-service (SaaS) companies evaluated globally in 2022.
The recognition places Workiva among one of only four public SaaS
companies in the U.S. that have achieved this rating.**
“Society expects more from the business community: authenticity,
trust, truth, and transparency. These expectations lie at the heart
of what we do for our customers and ourselves every day,” said
Marty Vanderploeg, CEO of Workiva. “When it comes to our company’s
ESG responsibilities, Workiva tracks a course for consistent
progress and excellence. We’re proud to be making significant
strides toward our own ESG commitments and to be helping many of
the world’s largest organizations do the same.”
Through its unified cloud platform, Workiva powers transparency
for thousands of customers across the globe, enabling them to
integrate their Financial and ESG data and report with
assurance.
Workiva also leverages its platform for its own integrated
reporting, which includes its ESG program data and disclosures for
third-party rankings, frameworks, stakeholders, and ratings
agencies like MSCI.
About MSCI ESG Ratings
MSCI ESG Ratings uses a rules-based methodology to measure a
company’s resilience to ESG risks. Companies are rated on a “AAA”
to “CCC” scale according to their exposure to long-term,
industry-material ESG risks, and their ability to manage those
risks relative to industry peers. Workiva’s carbon emissions score
showed the largest improvement across 35 key ESG issues evaluated
by MSCI.
In its analysis, MSCI noted Workiva’s strengths in business
ethics, privacy and data security, and labor management. In 2022,
Workiva expanded its security incident reporting team and adopted
advanced data encryption techniques. The Company also disclosed its
whistleblower and anti-corruption policies while detailing its
process for annual employee training. Workiva, which was named #20
on the 2022 Fortune 100 Best Companies to Work For® list, continued
prioritizing employee engagement through strategic initiatives,
including leadership and development programs and robust
incentives.
“This achievement is a testament to the dedication and expertise
of our team and further proof that ESG is integrated in every
aspect of our business. At Workiva, we believe ESG benefits both
business and society. We will continue to push for progress that is
driven by data and rooted in transparency,” Vanderploeg added.
For more information, visit workiva.com/sustainability.
DISCLAIMER STATEMENT
The use by Workiva of any MSCI ESG Research LLC or its
affiliates (“MSCI”) Data, and the use of MSCI logos, trademarks,
service marks or index names herein, do not constitute a
sponsorship, endorsement, recommendation, or promotion of Workiva
by MSCI. MSCI services and data are the property of MSCI or its
information providers, and are provided “as-is” and without
warranty. MSCI names and logos are trademarks or service marks of
MSCI.
About Workiva:
Workiva Inc. (NYSE:WK) is on a mission to power transparent
reporting for a better world. We build and deliver the world’s
leading regulatory, financial, and ESG reporting solutions to meet
stakeholder demands for action, transparency, and disclosure of
financial and non-financial data. Our cloud-based platform
simplifies the most complex reporting and disclosure challenges by
streamlining processes, connecting data and teams, and ensuring
consistency. Learn more at workiva.com.
Follow Workiva on LinkedIn: www.linkedin.com/company/workiva
Like Workiva on Facebook: www.facebook.com/workiva
Follow Workiva on Twitter: www.twitter.com/workiva
*Universe: MSCI ACWI Index constituents, Software &
Services
**The 100 Public SaaS Companies in the U.S. For this list, “SaaS
companies” are defined as those with >65% of revenue attributed
to recurring payments for cloud-based software.
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version on businesswire.com: https://www.businesswire.com/news/home/20221213005347/en/
Media Inquiries: Darcie Brossart press@workiva.com
Investor Inquiries Mike Rost investor@workiva.com
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