Compliance & Sustainability
In an environment where the value of companies is no longer assessed only by their monetary profit, but also by their societal impact, we are convinced that environmental, social and governance (“ESG”) factors are critical to businesses, for both opportunity generation and risk-mitigation. In today’s corporate ethos, shareholder value is no longer solely derived from market worth, but also from the recognition a company gains from societal contribution. From identifying returns on investment to appreciating the intangible benefits of brand reputation, we understand that stakeholders look for more than just the company revenue today.
Therefore, we seek to manage our impact on the environment; our relationships with employees, business partners and the communities where we operate, by properly assessing, addressing, and monitoring ESG factors. We are aware that our approach requires us to continuously improve and to duly govern all our activities. This helps us in our mission of excelling in all that we offer: our products, our services and our contribution to sustainability.
“Dealing with climate change is one of the greatest challenges nowadays. Recognizing this, we are all responsible to make a positive impact on our environment and society. I am proud that at F24 sustainability is not only deeply embedded in the purpose of our product but also in the managements’ decision making processes. Our decisions at F24 are based on our principles and beliefs, my favourite for example is “we act right”. This is what I keep in mind everyday by promoting sustainability within and outside of the organisation.”
Katharina Grasser, Chief Financial Officer & ESG Sponsor at F24
Resilience and Business Continuity lie at the heart of our product portfolio
We are Europe’s leading Software-as-a-Service provider specializing in resilience. With our solutions we enable our customers to save life and values and strengthen their business continuity. By ensuring uninterrupted operations for our customers despite the challenges, we mitigate risks for communities and ecosystems. We are dedicated not only to drive our customers’ sustainable (business) success but also contribute to broader public welfare. Learn how our solution Topease helps companies with governance, risk and compliance.
Strong supply chains, backed by continuity planning, align with sustainability principles and boost a company’s overall ESG performance. Hence, at F24, we encourage a culture of accountability and sustainability across all aspects of our operations. Our Environmental, Social, and Governance (ESG) policy provides us with a guiding framework to ensure that we live up to high standards of corporate governance, ethics, data privacy, cybersecurity, environmental and social responsibility. These policies reflect our core values while aligning us with international standards, ensuring that we remain at the forefront of responsible business practices.
Our guiding principles
Good Corporate Governance
Good corporate governance forms the foundation of our business practices. We believe that transparency, accountability, and risk management is required for long-term success and stakeholder trust. We support the regulations outlined by the UN Global Compact, OECD Guidelines for Multinational Enterprises, and UN Guiding Principles on Business and Human Rights to ensure that our operations promote human rights, labor rights, environmental protection, and anti-corruption measures.
Environment and Climate
We have in mind the importance of managing environmental risks and reducing our carbon emissions. By measuring our carbon footprint annually and purchasing renewable energy where feasible, we strive to minimize our environmental impact. We minimize business travel to the great extent by providing Job bicycles instead of cars. We emphasize on waste management and plastic reduction, recycling, and responsible procurement to promote sustainability.
Data Privacy and Cybersecurity
We have implemented resilient data protection and information security policies, including a Global Data Protection Policy and Information Security Policy, to safeguard sensitive information. Our commitment to data privacy ensures compliance with applicable laws and regulations and to minimize the risk of data breaches or security incidents as well as their impact. We are certified with ISO/IEC 27001:2022, ISO 22301:2019, ISO 9001 (in many subsidiaries).
Social Engagement
We respect human rights, promote health, safety, and wellness among our employees, and champion diversity, equity, and inclusion in all aspects of our organization. We are only interested in cooperating with partners who treat workers fairly and who comply with accepted standards.
Responsibility and Implementation
At F24, responsibility for implementing and enforcing our ESG policy rests with company executives, managers and employees. We have appointed an ESG-Sponsor to oversee compliance and alignment with our policies. Regular external audits ensure that our policies remain up-to-date.
Creating and Promoting Employee Awareness
Through ongoing training initiatives, we strive to foster a culture of awareness and commitment to ESG principles throughout our organization.
Ethics and Responsibility
We are continuously striving for the highest standards of ethical conduct in all our operations. Our Code of Conduct, Anti-Corruption, and Anti-Bribery Policy, along with our Modern Slavery Statement, reflect our commitment to fair and responsible business practices. We continuously review and update our policies to address revealing ESG challenges.
Further Policies we are committed to
Our Whistleblower System
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