CSG Completes Inaugural Double Materiality Assessment for ESG Reporting
19 November 2024 - 2:30PM
Business Wire
Evaluation allows CSG to measure and enhance
business practices that positively impact the environment and
society
CSG® (NASDAQ: CSGS) today announced the successful completion of
its inaugural double materiality assessment as a critical step to
enhance its environmental, social and governance (ESG) practice and
further inform its sustainability strategy. This comprehensive
evaluation allows CSG to better understand the impacts, risks and
opportunities of key ESG topics, including greenhouse gas (GHG)
emissions, employee wellbeing, customer data privacy and business
ethics, based on both financial and impact materiality.
“To do business the right way and deepen our impact, our
decisions need to be data driven,” said Cindy Parsons, executive
director, Global Sustainability and ESG Reporting, CSG. “As a
recognized best practice for holistically maturing our ESG
practice, the double materiality assessment allows CSG to further
embed sustainability throughout our organization and continue to
build trust and transparency with our stakeholders.”
Based on 360-degree analysis from internal and external
stakeholders and experts, the double materiality assessment
evaluates the financial impact of sustainability and social matters
as well as the effects of the company’s operations on the
environment and society. The assessment follows a formal approach,
including identifying and defining the most relevant ESG topics,
gathering internal and external perspectives and assessing inward
and outward impacts.
This comprehensive approach ensures that CSG identifies and
addresses the most pressing ESG topics and meets the expectations
of its stakeholders, including employees, customers, communities
and investors. These findings will guide the company in reporting
on its ESG performance, understanding of the efficacy of its
current business practices and mapping out tangible, measurable
goals for the future.
Learn more about CSG’s ESG practices on our website.
About CSG
CSG empowers companies to build unforgettable experiences,
making it easier for people and businesses to connect with, use and
pay for the services they value most. Our customer experience,
billing and payments solutions help companies of any size make
money and make a difference. With our SaaS solutions, company
leaders can take control of their future and tap into guidance
along the way from our fiercely committed and forward-thinking
CSGers around the world.
Want to be future-ready and a change-maker like the global
brands that trust CSG? Visit csgi.com to learn more.
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version on businesswire.com: https://www.businesswire.com/news/home/20241119058665/en/
Julia Dakhlia Public Relations +1 (402) 431-7376
Julia.dakhlia@csgi.com
John Rea Investor Relations +1 (210) 687-4409
john.rea@csgi.com
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