Magnit Partners with CarbonClick to Launch Innovative Sustainability Initiative, Empowering Workers to Reduce Carbon Footprint
May 08 2024 - 9:00AM
Business Wire
The groundbreaking carbon offsetting solution
will enable organizations to reach environmental goals and help
workers advance planetary health.
Magnit™, an Integrated Workforce Management (IWM) platform
provider, unveiled its new Carbon Offsetting Program, created in
partnership with leading green tech firm CarbonClick, a company
which focuses on simple and transparent carbon offsetting for
businesses and individuals. The program will offer contingent and
full-time workers a mechanism to measure their individual carbon
footprint.
“We’re thrilled to introduce our new Carbon Offsetting Program,”
said Teresa Carroll, CEO at Magnit. “Magnit is strongly committed
to providing the contingent workforce with cutting-edge work
opportunities that drive impact, and we’re proud of our DEI
offerings to this critical talent segment. Expanding to
sustainability is another way Magnit can work to positively engage
over 1 million contingent workers we interact with each year.
Working with CarbonClick will enable us to continue our industry
leadership by empowering organizations across the globe to bolster
their ESG programs, uphold environmental and social responsibility,
and equip workers with the tools to understand their ecological
footprint and contribute to a healthier planet.”
Today, many organizations face challenges reaching their project
goals due to the unregulated nature of carbon credits and a limited
capacity to be carbon neutral. At the same time, workers are
increasingly prioritizing corporate social responsibility when
weighing job opportunities, with research indicating individuals
are more likely to apply to and accept positions from organizations
they consider to be environmentally sustainable.
CarbonClick helps organizations address these challenges,
verifying offsetting projects prior to investment to ensure
validity and prioritizing initiatives with multiple benefits.
Furthermore, through a branded employee portal both full-time and
contingent workers can learn more about their carbon footprint and
discover ways to minimize it.
Magnit, which became the first carbon-neutral Managed Service
Provider (MSP) in 2021 and is also the first MSP to run on 100%
renewable energy, will offer clients and their employees access to
the same carbon offsets that it utilizes through CarbonClick via
the Carbon Offsetting Program. By joining the program,
organizations will:
- Provide employees the ability to measure, reduce and offset
their carbon footprint via their organization’s branded portal
- Receive advisory services in selecting projects that align to
their unique ESG goals
- Gain insights through comprehensive reports on each employee’s
estimated carbon footprint and their offsetting status
- Demonstrate their environmental commitment via marketing
collateral curated by CarbonClick
By prioritizing corporate social responsibility, organizations
will also differentiate their business from competitors in today’s
highly competitive labor market.
“As new generations become more environmentally aware, the
sustainability credentials of their prospective employer become an
important decision maker,” said Dave Rouse, CEO and co-founder at
CarbonClick. “Going one step further and helping to educate
individuals on their carbon footprint, and offering ways to help
reduce and manage it, becomes a powerful tool in attracting and
retaining talent. That's why we're excited to be working with
Magnit, reaching their huge network of companies and workers to
take meaningful climate action. By working with Magnit, we can
empower workers to understand their personal impacts and take steps
to reduce their carbon footprint. Together, we're helping build a
more sustainable future for companies and their valued team
members.”
Further details can be found in Magnit’s recently released 2023
Impact Report, which shares the company’s Environmental, Social and
Governance progress, milestones and commitments for the future.
Additional highlights from the report include:
- Magnit’s dedication to enhancing the experience of the hundreds
of thousands of contingent workers it engages annually to better
align with their full-time colleagues, including the expansion of
DE&I and racial literacy programs for the contingent
workforce
- The first diversity benchmarks for the contingent workforce,
including a global gender split of 59.2% female, 40.3% male and
0.5% nonbinary representation across 48,000 people
- Newsweek’s designation of Magnit as one of America’s Greatest
Workplaces for Women
- The Magnit Mix, three socially focused carbon offsetting
programs that include the delivery of solar water heaters in India,
the planting of native trees in the Guizhou province of China, and
the delivery of energy efficient cookstoves in rural Uganda
Learn more about the CarbonClick Offsetting Program and check
out Magnit’s 2023 Impact Report.
About Magnit™
Magnit™ is a global leader and pioneer in contingent workforce
management. Our industry-leading Integrated Workforce Management
(IWM) Platform is supported by 30+ years of innovation, modern
software, proven expertise, and world-class data and intelligence.
It enables companies to optimize talent and diversity goals while
achieving operational and financial success. With Magnit, companies
can adapt quickly to the evolution of work to grow their contingent
workforce with greater agility, transparency, and speed.
magnitglobal.com
“Magnit” is a trademark or registered trademark of Magnit, LLC.
Any trade, product, or service name referenced in this document
using the name “Magnit” is a trademark and/or property of Magnit,
LLC.
About CarbonClick
CarbonClick helps businesses and individuals take meaningful
climate action with simple and transparent carbon offsetting.
CarbonClick’s platform enables businesses to tackle emissions that
cannot yet be reduced, by empowering companies and individuals to
offset carbon via highly vetted climate projects that align with UN
Sustainable Development Goals. CarbonClick provides end-to-end
transparency to both businesses and consumers, ensuring everyone
engaged is able to see the direct impact of the offsetting.
Headquartered in New Zealand, CarbonClick has achieved B Corp
certification for its commitment to use business as a force for
good, meeting and maintaining the highest standard of social and
environmental impact. More information can be found here:
www.carbonclick.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240508531696/en/
Isabella Shaw, Account Supervisor PAN Communications
magnit@pancomm.com