Acumatica's Communication on Progress
- Participant
- Published
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- 23-Sep-2022
- Time period
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- July 2021 – September 2022
- Format
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- Stand alone document – Basic COP Template
- Differentiation Level
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- This COP qualifies for the Global Compact Active level
- Self-assessment
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- Includes a CEO statement of continued support for the UN Global Compact and its ten principles
- Description of actions or relevant policies related to Human Rights
- Description of actions or relevant policies related to Labour
- Description of actions or relevant policies related to Environment
- Description of actions or relevant policies related to Anti-Corruption
- Includes a measurement of outcomes
- Statement of continued support by the Chief Executive Officer
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Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.
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To our stakeholders:
I am pleased to confirm that Acumatica reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.
In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to sharing this information with our stakeholders using our primary channels of communication.
Sincerely yours,
Mr. John Case
CEO
Acumatica, Inc.
- Human Rights
- Assessment, policy and goals
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Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.
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Acumatica includes the following items in its Employee Handbook to prevent human rights violations at its locations:
• Policy Against Unlawful Harassment, Discrimination, and Retaliation
• Equal Employment Opportunity PolicyAcumatica is aligned to the SDGs, including SDG 5 for Women and Gender Equality. Acumatica has also completed an EcoVadis Assessment to assess its performance in areas across its supply chain, labor, environment and ethics practices which included Human Rights items.
- Implementation
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Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.
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Acumatica implements the following activities to prevent human rights violations at its locations:
• Ensure employees are provided safe work facilities including against workplace violence, accidents, illnesses, hazardous and toxic materials, and fires, among others
• Prohibition of unlawful harassment, discrimination and retaliation applies to all employees, including supervisors and managers, and all customers, vendors, and independent contractors
• Provide reasonable accommodations for any known physical or mental disability and/or religious beliefs and practices
• Host a hotline for employees to report concerns regarding human rights violations
- Measurement of outcomes
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Description of how the company monitors and evaluates performance.
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Acumatica tracks its demographics of management and employees broken down by gender in an effort to track and improve gender equality. In 2022, Acumatica completed its EcoVadis assessment and received a silver rating.
- Labour
- Assessment, policy and goals
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Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.
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Acumatica's employee handbook outlines employee policies on health and safety, working conditions, career management, diversity, discrimination & harassment and wages & benefits. Acumatica has also completed an EcoVadis Assessment to assess its performance in areas across its supply chain, environment, ethics and labor practices.
- Implementation
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Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.
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Acumatica implements the following activities to provide its employees with a positive work environment:
• Comply with minimum wage standards and provide compensation for extra or atypical working hours
• Ensure that the company does not participate in forced or child labor
• Provide a work environment free of unlawful harassment, discrimination and retaliation including on the basis of race, religion, color, sex (including childbirth, breast feeding and related medical conditions), gender identity, sexual orientation, disability, among others
• Ensure employees know that their employment is at their own will, and they are capable of terminating at any time
• Provide flexible and remote work options for all employees
- Measurement of outcomes
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Description of how the company monitors and evaluates performance.
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Acumatica tracks its demographics of management and employees broken down by gender in an effort to track and improve gender equality. Acumatica also tracks metrics related to health and safety. In 2022, Acumatica completed its EcoVadis assessment and received a silver rating.
- Environment
- Assessment, policy and goals
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Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.
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Acumatica is committed to reducing our environmental impact and promoting sustainable business practices. Our Acumatica Cloud ERP is far more energy efficient than legacy on-premises solutions and we strive to reduce our own operational footprint wherever possible. We have committed to offset all of the emissions we cannot immediately eliminate. Acumatica Summit, our annual partner and customer event is the single largest contributor to our carbon footprint and we are fully committed to maintaining or further reducing emissions while increasing participation in this valued event. Acumatica has also completed an EcoVadis Assessment to assess its performance in areas across its supply chain, ethics, labor and environment practices.
- Implementation
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Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.
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Acumatica implements the following activities to reduce its environmental impact:
• Climate Neutral Certified – reduce and offset our GHG emissions annually
• Procure 100% renewable electricity through Renewable Energy Credits (RECs)
• Use resources more efficiently and operate sustainably to reduce our environmental footprint
• Minimize the use and ensure safe handling and storage of chemicals and other dangerous substances
• Host a carbon neutral summit annually that is zero waste verified through MeetGreen
• Planting trees through social syndication tool
• Maintain a majority remote workforce
• Helping customers reduce their carbon emissions by an average of 72% by transitioning from energy-dependent, on-premises solutions to our cloud system
• Source 100% of Acumatica Summit-related swag locally from the US
- Measurement of outcomes
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Description of how the company monitors and evaluates environmental performance.
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Acumatica monitors the following metrics to track our environmental performance:
• Scope 1, 2 & 3 GHG emissions
• GHG emissions reductions by transitioning businesses from On-Prem ERP to Acumatica cloud
• Completed EcoVadis assessment in 2022 with silver rating
• MeetGreen recognition as a Leader in Event Sustainability since 2021
• Climate Neutral Certified since 2021
- Anti-Corruption
- Assessment, policy and goals
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Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.
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Acumatica includes the following policies in its employee handbook that provide clear guidance to employees on conducting ethical business practices:
• Business Ethics, including complying with all laws and regulations
• Fraud prevention
• Gifts and Gratuities, including accepting gifts
• Illegal Activities
• Conflicts of Interest
• Information Security
- Implementation
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Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.
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Acumatica implements the following activities to prevent any instances of corruption or ethics violations:
• Assess the risk of corruption when doing business
• Provide ethics guidelines for all employees to follow
• Host an ethics hotline for employees to report concerns regarding ethics or anti-corruption
• Ensure that internal procedures support the company’s anti-corruption commitment
• Have information security practices in place that support anti-corruption commitment
• Maintain an A+ rating from the Better Business Bureau
• Require employees to complete annual anti-corruption training
- Measurement of outcomes
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Description of how the company monitors and evaluates anti-corruption performance.
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Acumatica monitors the following metrics to track our anti-corruption performance:
• % Employees who have completed ethics and anti-corruption trainings
• Completed EcoVadis assessment in 2022 with silver rating