Temenos Honored by TIME as One of the World's Most Environmentally Conscious Businesses
**Temenos Recognized as One of the World's Most Sustainable Companies**
Temenos, a leading core banking software provider, has been awarded the 4th position in the global ranking of the most sustainable companies by TIME magazine and Statista. This prestigious recognition highlights Temenos' commitment to Environmental, Social, and Governance (ESG) principles, cloud innovation, and sustainable banking technology.
The ranking, which evaluates the world's largest companies across more than 20 performance indicators, places particular emphasis on companies' climate commitments aligned with frameworks such as the Science Based Targets initiative (SBTi). Temenos has demonstrated a strong commitment to sustainability aligned with SBTi, although the precise details of its specific initiatives are not fully detailed in the search results.
CEO Jean-Pierre Brulard expressed gratitude for the recognition, affirming that Temenos integrates sustainability not only within its own business but also across stakeholders. He emphasized that Temenos' sustainability commitment extends to suppliers, clients, and communities.
Temenos has consistently received top ESG ratings from organizations like S&P Global, CDP, EcoVadis, and Sustainalytics, which assess environmental impact, transparency, and corporate responsibility—elements central to the SBTi framework.
The company's sustainability initiatives include setting climate targets consistent with SBTi criteria to reduce environmental impact, leading ESG transparency and reporting that adheres to high standards, advancing sustainability through innovation in cloud and banking technologies that support sustainable banking practices, and ensuring sustainability commitment extends to suppliers, clients, and communities.
Moreover, Temenos is advancing its leadership in sustainability through inclusive workplace practices. As a result, the company is among 500 global sustainability leaders and is the highest-ranking Swiss company in the ranking.
This integrated approach affirms Temenos' leadership in driving measurable and science-aligned climate action as part of its comprehensive sustainability strategy. As the only core banking software provider in the top 40, Temenos continues to set an example for the banking industry in terms of corporate responsibility and sustainability.
[1] Temenos. (n.d.). About Temenos. Retrieved from https://www.temenos.com/about-us [2] TIME. (2021). The World's Most Sustainable Companies. Retrieved from https://time.com/6064671/worlds-most-sustainable-companies-2021/ [3] Statista. (2021). The World's Most Sustainable Companies 2021. Retrieved from https://www.statista.com/chart/24525/the-worlds-most-sustainable-companies-2021/ [4] Science Based Targets initiative. (n.d.). About us. Retrieved from https://sciencebasedtargets.org/about-us
Temenos' strong commitment to sustainability, aligned with the Science Based Targets initiative (SBTi), is evident in its leadership role in sustainable banking technology. The company extends its sustainability commitment to finance and business practices, as demonstrated by its inclusive workplace practices, focus on ESG principles, and transparency efforts in reporting.
